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Acer eyeing 10% market in smartphone category
Having provided mobile internet solutions to 20 million customers worldwide, world’s third largest PC vendor, Acer, is targeting 6-7 per cent market share worldwide in the smartphone category.

British banks to see recovery falter: survey
British banks fear their fragile recovery will grind to a halt over the next few months, according to a survey by employers" organisation the Confederation of British Industry (CBI).

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Sanofi bags order from US for supplying swine flu vaccine
Sanofi Pasteur, the vaccine division of Sanofi-Aventis Group on Monday said it has received order from the US Department of Health and Human Services (HHS) to supply antigen for 27.3 million doses of Influenza A (H1N1) 2009 monovalent vaccine for swine flu.
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Reliance Infra Q1 net up 25% at Rs 317 cr

Anil Ambani group firm Reliance Infrastructure today reported a net profit of Rs 316.57 crore for the first quarter ended June 30, 2009, up 25.35 per cent over the corresponding period last fiscal. - UCO Bank Q1 net rises 34.03 per cent - Parsvnath Developers Q1 net dips 81% at Rs 14 cr - FIIs net buy Rs 367cr, DIIs net sell Rs 287cr - Lanco Infratech ends flat - Markets surge on short-covering - HPCL surges 8% on good Q1 nos Total income rose to Rs 2,690.51 crore during the April-June quarter from Rs 2,400.55 crore in the same period last fiscal, Reliance Infra said in a filing to the Bombay Stock Exchange (BSE). At the end of June quarter, the company"s cash and cash equivalents stood at Rs 9,000 crore, while its EPC order book was at Rs 20,075 crore. The company"s cash profit grew by 22 per cent to Rs 386 crore at the end of June quarter and it infused fresh capital to the tune of Rs 4,300 crore. Reliance Infrastructure"s net worth, on a standalone basis, stood at Rs 12,172 crore, the filing added. Total sales in the electrical energy segment increased 5 per cent to Rs 1,855 crore, while the turnover from the EPC division was at Rs 552 crore. Shares of Reliance Infrastructure closed at Rs 1,185.10, up 1.80 per cent on the BSE.


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