01 November 2008

Results:GujNREcoke,Unitech,Shiv-Vani etc

Shiv-Vani Oil & Gas Exploration Services net profit rises 270.21% in the September 2008 quarterSales rise 127.37% to Rs 139.22 crore

Energy Development Company net profit rises 8.27% in the September 2008 quarter

Usha Martin Infotech net profit rises 650.00% in the September 2008 quarter

Resurgere Mines & Minerals India reports net profit of Rs 11.61 crore in the September 2008 quarter

Ballarpur Industries net profit rises 104.39% in the September 2008 quarterSurya Pharmaceutical net profit rises 33.25% in the September 2008 quarter
Amrutanjan Health Care net profit rises 2778.88% in the September 2008 quarter

Procter & Gamble Hygiene and Health Care net profit rises 42.53% in the September 2008 quarter

Zylog Systems net profit rises 26.26% in the September 2008 quarter

Ruchi Soya Industries net profit rises 5.09% in the September 2008 quarter

IVRCL Infrastructures & Projects net profit rises 61.99% in the September 2008 quarter
Birla Corporation net profit declines 42.11% in the September 2008 quarter

Nava Bharat Ventures net profit rises 127.26% in the September 2008 quarter
Shriram City Union Finance net profit rises 30.93% in the September 2008 quarter

Gujarat NRE Coke net profit rises 718.73% in the September 2008 quarter

Unitech net profit rises 200.93% in the September 2008 quarter
Lanco Infratech net profit rises 16.34% in the September 2008 quarter

Kingfisher Airlines reports net loss of Rs 483.25 crore in the September 2008 quarter
Helios & Matheson Information Technology net profit declines 57.49% in the September 2008 quarter

Bombay Rayon Fashions net profit rises 19.59% in the September 2008 quarter
Firstsource Solutions net profit rises 74.45% in the September 2008 quarter
ABG Shipyard net profit declines 23.54% in the September 2008 quarter
Aftek net profit rises 70.81% in the September 2008 quarter
Uttam Galva Steels net profit declines 30.41% in the September 2008 quarter

Development Credit Bank net profit declines 93.10% in the September 2008 quarter
Jindal Poly Films net profit declines 47.80% in the September 2008 quarter
Oswal Chemicals & Fertilizers net profit declines 7.00% in the September 2008 quarter

Todays Headlines

Wall St ends higher on credit thawing signs
Sensex ends up 744pts; M&M zooms 23%
Cabinet okays Bill to raise FDI in insurance
S&P outlook on India’s long-term rating remains stable
Cabinet okays hike in FDI in insurance to 49 pc

FII buying lifts markets
PM to meet India Inc chiefs on Monday
FM to talk credit growth at bank meet
Belated Diwali bash on Street
Forex kitty shrink by $15.5 billion

Aegis BPO to hire 1,000 every month
Intel says fin crisis could hurt biz
ABG Shipyard bags Rs 2,377 cr order for rigs
Chandrayaan camera clicks earth from deep space
S&P retains investment grade for India

India's economic growth prospects remain strong: S&P
CLSA Asia Pacific Markets puts buy on Cairn India
Motilal Oswal Securities maintains buy on Mahindra Lifespaces
ICICI Securities maintains buy on State Bank of India
Citigroup assigns 'sell' to Tata Teleservices


'FDI hike will increase life insurance industry by 2.5 times'


Source:ET,BS,BL etc