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Popular Articles

PSU oil firms lose Rs 4 a litre on petrol sales
State-run Indian Oil Corporation (IOC) today said it is losing more than Rs 4 a litre on selling petrol and over Rs 2 per litre on diesel.

EGoM on 3G auction to meet today
The Empowered Group of Ministers (EGoM) on the auction of third generation (3G) spectrum will meet tomorrow to discuss the vacation of spectrum by defence forces.

News of the day

U'khand buys 145 buses from Tata
The Uttarakhand government has bought 145 buses from auto giant Tata Motors through an open bidding. The red-colour buses will ply in three cities – Dehra Dun, Haridwar and Nainital. Under the Jawaharlal Nehru Renewal Urban Mission (JNRUM) programme, the Centre will bear 80 per cent of the cost and the rest 20 per cent will be borne by the state government.
International Business

Unitech net climbs 29%

Unitech Ltd, the country’s second-largest developer, posted a 29 per cent increase in its net profit for the December quarter, on the back of improved home bookings. Unitech registered a consolidated net profit of Rs 176 crore in the quarter, compared to Rs 136 crore in the corresponding quarter the previous year. - Unitech reports 29% profit at Rs 176 cr - Revival in capital inflows gathers momentum - CanBank aims to up home loan portfolio - DLF Q3 net debt rises to Rs 12,830 cr on biz consolidation - Unitech project in deeper uncertainty - DLF exits venture with Prudential Financial The company’s net sales were up 57 per cent to Rs 774.46 crore in the quarter, against Rs 491.24 crore in the quarter last year. The company has booked properties of around 3 million square feet in the December quarter alone, compared to 3 million sq ft in the whole of 2008-09.


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