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Govt to blame, not us, for gas outcome: RIL
If Anil Ambani’s Reliance Natural Resources Ltd (RNRL) is aggrieved at Mukesh Ambani’s Reliance Industries Ltd for not proceeding with the private agreement between the two brothers on gas supply from the latter’s fields, it should instead blame the Union government, said RIL’s senior counsel, Harish Salve, at the Supreme Court today.

Centurian Group to ink MoU with South Queensland University
City-based Centurion Group of Institutions (CGI) will sign an MoU (memorandum of understanding) with the University of South Queensland (USQ), Australia, for collaboration in education field.

News of the day

Infiniti Retail plans to have over 100 Croma stores by 2011
Tata Group"s Infiniti Retail today said it expects to have over 100 "Croma" stores across the country in the next three years as it eyes deeper penetration into Tier-II and Tier-III cities.
Small Business

Lanco Industries zooms on strong Q2 nos

The stock finally settled at Rs 44, up 10% from the previous close. The counter witnessed huge trades of 1.4 million shares as compared to the two-week daily average traded volumes of 66,261 shares on the BSE. ________________________________________________(Updated at 1051hrs) Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 43 and slipped to a low of Rs 42. Thereafter, the stock surged 16% to touch a high of Rs 46.40. The stock is now up 12% at Rs 44.95. The counter has witnessed hefty trades of 610,348 shares on the BSE as compared to its two-week daily average trade of 66,261 shares. According to a release issued by the company to the BSE, net profit jumped 384% to Rs 15.28 crore in Q2FY10 from Rs 3.16 crore in Q2FY09. Total income increased 10% to Rs 175.90 crore from Rs 159.96 crore in the same period.


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