http://feeds.business-standard.comThe latest news from India's most respected business daily.enBusiness Standard LimitedWed, 19 Jan 2011 08:45:04 GMTNewspapersBS RSS Generator10http://feeds.business-standard.com/images/logo_small.gifhttp://feeds.business-standard.com14428Business Standardhttp://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/bFdio1KEpZk/storypage_c.phpPetronet LNG, the countrys biggest liquefied natural gas (LNG) importer, today said its third-quarter net profit more than doubled on highest ever gas sales. Net profit in the three months through December rose more than 105 per cent to Rs170.8 crore, while net sales rose over 61 per cent to Rs3,627.6 crore.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422250Tue, 18 Jan 2011 20:17:53 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422250http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/iLVwYzGSkG0/storypage_c.phpAhmedabad-based pharma company Cadila Healthcare today reported a 25 per cent rise in third-quarter net profit at Rs162 crore compared to a year earlier. Net sales stood at Rs1,134.55 crore, up by 17.5 per cent over the previous corresponding quarter.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422248Tue, 18 Jan 2011 20:12:59 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422248http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/lBXpwTfTXzs/storypage_c.phpTata Steel plans to invest around $2-2.4 billion annually, from the financial year 2011-2012 for the next three years, in capacity expansion, portfolio revision and debt restructuring.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422241Tue, 18 Jan 2011 19:56:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422241http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/8a8MjfsTOqU/storypage_c.phpIn a statement issued today, it said it intends to use the proceeds primarily to pursue acquisition opportunities of power, coal and oil and gas assets, in line with its recently stated strategy.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422244Tue, 18 Jan 2011 19:53:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422244http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/CjCBBMYAKG4/storypage_c.phpJohn Makinson, chairman and chief executive, Penguin Group, and Pearson India Chairman, is happy with the deal with TutorVista. He worked as a teacher in India before honing journalistic skills on foreign shores. In a conversation with Sharmistha Mukherjee, Makinson (also in charge of Pearson's programmes in the country) shares his vision of developing TutorVista as a laboratory for global experiments on educational services and to lead India into becoming a centre for excellence.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422243Tue, 18 Jan 2011 19:52:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422243http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/Bsw5iC2W7w8/storypage_c.phpRs 577-crore deal shows growing interest abroad in investment potential of Indian education.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422242Tue, 18 Jan 2011 19:51:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422242http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/JQuCEHPzyv4/storypage_c.phpDevelopment Credit Bank clocked a net profit of Rs 8.1 crore for the quarter-ended December, as against a loss of Rs 18 crore in the year-ago period. At Rs 166.2 crore, the total income increased by 23 per cent, as against Rs 134.7 crore in the year-ago period. For the nine months ended-December, net profit rose to Rs 10 crore, as against a loss of Rs 70.2 crore in the year-ago period.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422212Tue, 18 Jan 2011 19:28:10 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422212http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/k8_45ArhAI4/storypage_c.phpThough the company provides strong revenue visibility, analysts foresee margin risks.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422191Tue, 18 Jan 2011 19:27:12 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422191http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/Ov8FDY42Md4/storypage_c.phpStrong operating performance with margin expansion in a tough environment augurs well for the stock.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422190Tue, 18 Jan 2011 19:26:26 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422190http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/XAkvTU_LH20/storypage_c.phpCity-based Nagarjuna Construction Company Limited, through its subsidiary NCC Power Projects Limited, has acquired a 55 per cent equity stake in Chennai-based Nelcast Energy Corporation Limited (NECL) for an undisclosed sum.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422182Tue, 18 Jan 2011 19:19:43 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422182http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/WFzBkVmGyyg/storypage_c.phpThe meeting between Union Minister for Environment and Forests Jairam Ramesh and senior Posco officials have given hope to the prospects of the steel major in Orissa.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422228Tue, 18 Jan 2011 19:18:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422228http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/-wyAznJrCBQ/storypage_c.phpCoastal Projects Limited, a civil engineering, construction and tunnelling company headquartered in Hyderabad, has acquired 26 per cent in Societa Esecuzione Lavori Idraulici SpA (SELI) for 17.85 million Euro (about Rs 108 crore).http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422181Tue, 18 Jan 2011 19:17:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422181http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/DWuWD1Ngke4/storypage_c.phpCamellia Group, which provides services in education, hospitality, industry, real estate and aviation, has announced its foray into the medical sector by setting up its first medical hub in Eastern India.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422214Tue, 18 Jan 2011 19:16:58 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422214http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/CKj9gzh8R10/storypage_c.phpThe Tata Group is planning to set up three more units as a part of its aerospace manufacturing initiative in Hyderabad with an investment of Rs 1,000 crore.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422180Tue, 18 Jan 2011 19:14:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422180http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/ljru5dX5Q0M/storypage_c.phpHitachi Home and Life Solutions (India) Ltd (HHLI), the consumer durables unit of Japan-based Hitachi Ltd, is planning to re-enter the washing machine market with product specifications suiting Indian customers in 2011. The company has said it is also planning to expand its refrigerators business in India, as part of its market expansion programmes.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422179Tue, 18 Jan 2011 19:10:49 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422179http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/-cA2fqeA990/storypage_c.phpOlympia group, a Chennai-based real estate firm, is planning to invest around Rs 1,000 crore to develop around 5 million sft in four to five projects over the next three years. The company is also looking to enter the residential real estate market in Kolkata to develop around 1 million sft with an investment of around Rs 100 crore.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422178Tue, 18 Jan 2011 19:09:36 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422178http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/ABRlBPewD3E/storypage_c.phpApple Inc Chief Executive Officer Steve Jobs took a leave of absence as a rare form of cancer hes been battling since 2004 and a more recent liver transplant worsened his health, a person with knowledge of the matter said.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422203Tue, 18 Jan 2011 18:53:44 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422203http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/6ooWfPmsQI4/storypage_c.phpSpeed and agility are what Vinod Kumar considers his management style. These are traits that he would have picked up from his favourite sports polo and skiing. It is no surprise that he is associated with several fast-growth organisations.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422221Tue, 18 Jan 2011 18:51:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422221http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/gFGw1Nqhr4o/storypage_c.phpThe proverbial light gleamed at the end of the tunnel today for Lavasa Corporation. The ministry of environment & forests agreed to consider clearance to the companys hill-side project near Pune, subject to stringent conditions.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422224Tue, 18 Jan 2011 18:47:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422224http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/AypRmf96AnQ/storypage_c.phpIn the midst of an ensuing war between Tata Power and Reliance Infrastructure over power supply agreements in Mumbai, Tata Power has brought in its business expert, Anil Sardana, to head the company. Sardana used to head BSES, which has been bought by Reliance.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422219Tue, 18 Jan 2011 18:46:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422219