Gandhinagar, July 3State-owned Gujarat Alkalies and Chemicals Ltd (GACL) said its profit after tax for the financial year ending March 31, 2009 decreased by 14.28 per cent to Rs 192.27 crore compared with the previous fiscal’s Rs 224.08
TTK Prestige has reported a lower net profit of Rs 3.51 crore for the quarter ended March 2009 compared with Rs 4.89 crore for the corresponding period last year. Last year, the profit was higher due to a Rs 2.9-crore income from sale of property
ICICI Prudential Mutual Fund have approved the following changes under the Schemes in terms of the enabling provisions of the Scheme Information Document of the schemes.
Ashok Leyland has informed the market that they have bagged an order worth Rs 300 crore from Tamil Nadu State Transport Corporation for supply of 1,500 buses. Of the 1,500 buses, 900 will be for Chennai and 300 each for Madurai and Coimbatore.This order was bagged with funding from the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme.
Just got after a long work and checked my portfolio specifically for the Railway stocks that i recommended before the railway budget .None of them are in green everything came down today .That itself tells us that there is nothing in this budget for wagon making or any other railway stocks so we will see what is this year highlights.
2009-2010 Railway Budget Highlights
> There is no change in Fare and Freight rates , so good for people and company
> Expansion of railway network to every corner of the country.
> Proposed plan of RS.40,745 CR for outlay.
> Tatkal to be made passenger friendly .
> Faster parcel service in three main routes.
> Railway ticket to be available through post office.
> Railway concession for Press persons is 50 % now.
> Only Ladies Train – AT DELHI, KOLKATA AND CHENNAI
> 12 NEW POINT-TO-POINT ‘DURANTO’ TRAINS
> 57 NEW TRAINS, EXTENSION OF 27 TRAINS AND INCREASE IN FREQUENCY OF 13 TRAINS
AND AIR-CONDITIONED DOUBLE-DECKER TRAINS PROPOSED .
> 50 STATIONS TO BE UPGRADED TO WORLD CLASS STATIONS .
> Long distance to have doctors on board and also entertainment facility.
> Aged and Handicapped persons to have more ameneties.
> 6560 RAILWAY STAFF QUARTERS TO BE CONSTRUCTED AND GROUP ‘D’ EMPLOYEES TO GET SCHOLARSHIPS FOR THEIR GIRL CHILD
> SPECIAL TRAINS TO FERRY PERISHABLE AGRO PRODUCTS AND RURAL HANDICRAFTS
> SPECIAL FUND FOR THE DEVELOPMENT OF NORTH EAST RAILWAY
Download 2009-2010 Railway Budget Speech and Highlights
- Author: admin
- Filed under: india
- Date: Jul 3,2009
Certainly no fireworks on Wall Street ahead of the July 4, American Independence day holiday because of a small technical problem during the day the NYSE took a very unusual step of closing 15 minutes late on Thursday but that extra trading time did not change the direction of the markets.
- Author: admin
- Filed under: india
- Date: Jul 3,2009
The US markets cracked on disappointing jobs data. The benchmark indices slumped nearly three percent each. The SP 500 slipped 2.9% below the psychologically significant 900 level in the final halfhour of trade. The Dow Jones plunged 223.32 points, or 2.6%, to 8,280.74.
Equity diversified NAVs ended higher with advance:decline ratio of 189:41. On the sectoral front, FMCG and pharma funds advanced while banking and technology funds declined.
- Author: admin
- Filed under: india
- Date: Jul 3,2009
At 19.03 hrs (IST) The US markets opened lower. The Dow Jones Industrial Average was down 133.09 points, or 1.57%, to 8,370.97. The Nasdaq was down 33.13 points, or 1.79%, to 1,812.59 while the SP 500 was down 15.50 points, or 1.68% to 907.83.
McNally Bharat Engineering Company informed the market today that they have bagged order worth 46.88 crore from NTPC , After today its almost up 27 percent in 9 days.
Order Info
>One of the two orders valued at Rs 15.44 crore is from NTPC, Noida for supply of pre-treatment plant package for Mauda Super thermal power project. The order is to be executed within 28 months.
>Another order valued at Rs 31.44 crore is also from NTPC, Noida for its water pre-treatment plant package for Barh Super thermal power project. This order is to be executed within a period of 42 months.