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A perfect brew
The win-win deal between United Breweries and Heineken opens up a window of growth opportunities for the duo.

Tension grips Telangana
Tension gripped the Telangana region of Andhra Pradesh raising fears of violence as the ongoing agitation for a separate statehood to the area intensified on Tuesday with the worsening health condition of the Telangana Rashtra Samithi president, K Chandrasekhara Rao.

News of the day

Pharmaceutical companies reduce FCCB burden by 60%
Indian drug companies have reduced their cumulative foreign currency convertible bond (FCCB) burden by over 60 per cent. This has helped the companies improve their financial health and look for further fund-raising for expansions.
Public Company

Federal-Mogul Goetze June qtr net jumps two-folds at Rs 16 cr

Auto component maker Federal-Mogul Goetze (India) today said its net profit jumped two-folds to Rs 16.88 crore for the quarter ended June 30, 2009, over the same period last year. - Bharat Forge June qtr net dips 96% to Rs 96 lakh - Rane Brake Lining Q1 net profit soars three fold - Oracle Financial Q1 net profit up 76% - UTV Software Communications June qtr net loss at Rs 23 cr - M&M Q1 net surges 150% at Rs 400 cr on merger - Bajaj Electricals Q1 net up 64% at Rs 16 cr Total sales rose to Rs 195.37 crore in the latest quarter, against Rs 185.75 crore in the same period last fiscal, the company said in a filing to the Bombay Stock Exchange (BSE). Shares of Federal-Mogul Goetze were trading at Rs 66.50 on the BSE, up 4.97 per cent from previous fiscal.


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