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Bajaj Auto Q3 net jumps threefold to Rs 475 cr
Two-wheeler giant Bajaj Auto reported a smashing 189.24 per cent increase in its net profit at Rs 475.14 crore for the third quarter ended December 31, 2009.

Maytas Infra in position to execute projects: Khurshid
Asserting that Hyderabad-based Maytas Infra is in a position to execute projects, Corporate Affairs Minister Salman Khurshid today said the government"s intention is to see that the company is back on its feet.

News of the day

Simbhaoli Sugars back in black with Rs 72 cr profit
Simbhaoli Sugar reported profit of Rs 71.9 crore in the second quarter of financial year 2010. The company has made a loss of Rs 29.1 crore in the corresponding quarter last year.
Public Relations

Jindal Power plans IPO to raise Rs 10k cr

Power producer Jindal Power Ltd (JPL) is planning to raise about Rs 10,000 crore through an initial public offering. - Aquisition blues land Jharkhand in MoU heap - JSPL to set up 1,600 Mw plant in Arunachal - No headway in BHEL disinvestment: Vilasrao - State yet to form RPDAC for 13 industries - Akash Prakash: The coming bubble in power">Akash Prakash: The coming bubble in power - BHEL bags Rs 5,040 cr order from Jindal Power Jindal Power"s board of directors, which met today, has decided to go for initial public offer (IPO) for raising up to Rs 10,000 crore, Jindal Steel & Power Ltd said in a filing to the National Stock Exchange (NSE) today. Jindal Power is a subsidiary of Jindal Steel & Power Ltd (JSPL). "Jindal Power will be holding an extra ordinary general meeting of the members of the company for obtaining their approval for the said IPO," it added. The company did not disclose details of the proposed IPO.


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