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Oil be alright
Abu Dhabi banks: Abu Dhabi’s banks are in an odd position. They look more exposed to the real problem areas in neighbouring Dubai than most western banks. But they have a better trump card.

Economy could grow by 8% in current fiscal: FM
The Finance Minister, Pranab Mukherjee, today said the economy could grow by 7.5 to 8 per cent during the current financial year, though price rise and fiscal consolidation remained areas of concern.

News of the day

Maruti cashes its chips with some care, to analysts' approval
Maruti Suzuki, the country’s largest manufacturer of cars, is also quite cash-healthy, markedly so in comparison to many of its competitors.
Small Business

Jyothy Labs Q3 net up 25% at Rs 17 cr

FMCG firm Jyothy Laboratories today reported a 24.92 per cent increase in net profit at Rs 16.84 crore for the quarter ended December 31, 2009, as compared to the same quarter year ago. - Nalco Q3 profit drops 29% to Rs 155 cr - DLF Q3 net declines 30% to Rs 468 cr - HPCL back in black with Rs 31 cr net in Q3 - Union Bank Q3 profit slides 20% to Rs 534 cr - Dabur Q3 net jumps 28% to Rs 138 cr - SAIL clocks Rs 1,675 cr profit in Q3 The company had reported a net profit of Rs 13.48 crore for the quarter ended December 31, 2008, the company said in a statement. During the quarter under consideration, the company"s net sales grew by over 13.55 per cent to Rs 135.3 crore as compared to Rs 119.2 crore in the corresponding period last fiscal.


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