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RFQ applications for metro rail to be sold from July 24
The Hyderabad Metro Rail Limited (HMRL), the special purpose vehicle set up to implement the metro rail project in the city, had postponed the sale of Request for Qualification (RFQ) applications for global bids to July 24.

Past speaking
By far the most important skill in business,” wrote the London Times’s Sathnam Sanghera in a recent column (also carried in this paper), “is the ability to tell a decent anecdote.” I think he’s right, especially when it comes to the old-fashioned way of doing business — face to face. “Frankly,” said Sanghera, “banter should be taught at school alongside Geography and Maths. Nothing will benefit your career more.”

News of the day

ArcelorMittal in talks with Jharkhand govt for Chiria ores
Global steel major ArcelorMittal, which has lined up Rs 1 lakh crore investments for India, said today it is in race for a chunk of the mineral-rich Chiria mines in Jharkhand.
Corporate

Voltas jumps on decent results

Shares of Voltas spurted 20.55 per cent to Rs 118.2 on announcement of decent FY09 results. Net profit for the year ended March 31, 2009, increased by 21 per cent to Rs 251.40 crore, while total income rose 34 per cent to Rs 4,361.72 crore during the period. - A cool cause - Voltas zooms 20% on Rs 300cr orders, FY09 nos - Voltas FY"09 net up 21% at Rs 251.40 cr - Tantia up 3.2% on order from rlys - LIC Housing rises 4.43% - HCL Infosys up on BSNL order The company bagged two electro-mechanical projects orders worth Rs 300 crore from Kolkata and Chennai international airports. The board also approved a dividend of Rs 1.60 per share. The stock opened at the lowest point of the day at Rs 100 and made an intra-day high of Rs 119.7. Total traded volumes stood at 4.03 million shares.


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