APN News

  • Thursday, May, 2024| Today's Market | Current Time: 08:04:08
  • IMFA Net Sales up 157% to Rs. 300.41 crore; Net Profit at Rs. 57.24 crore

    New Delhi: Indian Metals & Ferro Alloys (IMFA), a fully integrated producer of Ferro alloys, announced its financial results for the second quarter ended 30th September 2010. Q2FY11 Performance IMFA posted a net profit of Rs. 57.24 crore for the second quarter-ended September 30, 2010 as against a loss of Rs. 2.02 crore in corresponding […]

    Rupee up 6 paise against dollar in early trade

    The rupee appreciated by 6 paise to 44.37 against the US dollar at the Interbank Foreign Exchange market in the morning trade on Monday, tracking gains in other Asian currencies. Dealers said apart from dollar’s weakness versus other Asian currencies, capital inflow into equities by foreign funds, also kept the rupee sentiment up. The rupee […]

    Railways to Sign MoU with NTPC for JV Captive Power Plant in WB Today

    In a major initiative, the Ministry of Railways takes a step forward in augmenting its own internal power generation to meet its electricity requirements when it is going to sign an Memorandum of Understanding (MoU) with National Thermal Power Corporation (NTPC) for a Joint Venture captive power plant at Adra in West Bengal on Sunday. The […]

    India Keen to Invest in Oil Projects of Sudan

    India and Sudan have expressed desire to further expand cooperation in the oil and gas sector. In a bilateral meeting held here on Saturday, the countries decided to engage their oil companies in greater discussions during the International Conference Petrotech-2010. The Petroleum Ministers of two countries, namely, Shri Murli Deora, Minister of Petroleum and Natural […]

    Sensex snaps three-day fall; ends 91 points up at over 20k

    Snapping a three-day falling streak, the Bombay Stock Exchange benchmark Sensex on Friday gained over 91 points as funds purchased heavy-weight stocks, led by ICICI Bank on its higher earnings, and RBI’s move to help increase money supply in the financial system. The Sensex, after losing 362 points in last three days, remained lower through […]

    Evaluators across the Region Call for a National Evaluation Policy

    New Delhi: The 5-day South-Asian Evaluation Conclave on “Making Evaluations Matter” held in the capital, concluded today with the assembled evaluators re-emphasizing the need for National Policy on Evaluation and its proper implementation. Although more than 90% of India’s development expenditure is funded by the State, most of the efforts at strengthening evaluation practices are […]

    CCCL Reports 8.48% Growth in Turnover in Q2

    Chennai: Consolidated Construction Consortium Ltd. (CCCL) (BOM:532902), an integrated construction services provider having projects in the industrial, commercial, residential, and infrastructure space has announced its Q2 results for FY 2010-2011.  For the quarter ended 30.09.10, the total revenue, on a standalone basis stood at 489.52 crores and Profit after Tax (PAT) at 13.73 crores. Interest […]

    Non linear growth in Profit on the back of Strong Performance by Product Business

     Bangalore: Subex Ltd, a leading global provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, announced today that it has recorded consolidated revenue of Rs. 1,247.61 mln  (USD 27.01 mln), and consolidated net profit, before exceptional items, of Rs. 196.03 mln (USD 4.24 mln) for the quarter ended 30 September 2010. Product […]

    Gold Drops, Trims Monthly Gain, as Biggest Rally in 2 Weeks Prompts Sales

    Gold declined as the biggest rally in more than two weeks prompted some investors to sell the precious metal to lock in gains. Gold for immediate delivery dropped as much as 0.4 percent to $1,338.78 an ounce and traded at $1,340.45 at 10:37 a.m. Seoul time after yesterday climbing 1.4 percent, the biggest gain since […]

    Rubber Declines, Paring Monthly Gain, as China May Tighten Trading Rules

    Rubber declined, paring a monthly gain, as futures in Shanghai slumped amid concern that China may tighten trading rules to curb excessive speculation and data showed Japan’s industrial production dropped at a faster pace. The most-active contract lost as much as 1.5 percent to 331.6 yen per kilogram ($4,122 a metric ton) before trading at […]