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Pramod Jain makes offer for 25% in Dalmia's Golden Tobacco
Minority shareholder of Golden Tobacco Pramod Jain today made an open offer for acquiring another 25 per cent stake in the Sanjay Dalmia-promoted company, a move that could possibly open a clash between them over management control.

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Tata Motors rides on higher November sales
The stock soared to a high of Rs 738 and finally ended at Rs 733, up 3% from its previous close. The counter clocked volumes of 1.17 million shares as compared to the two-week daily average traded volumes of 686,880 shares on the BSE.

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FICCI seeks more sops to bolster economy
Industry body FICCI today sought more fiscal sops in the 2010-11 budget to prop up the economy.
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Central Bank Q3 dips 13% to Rs 306 cr

Public Sector lender Central Bank of India today said its net profit declined by 13.25 per cent to Rs 306.44 crore for the third quarter ended December 31, over the corresponding period last fiscal. - Bank of India Q3 net dips 53% to Rs 405 cr - Marico Q3 net up 22% at Rs 62 cr - Oriental Bank Q3 net up 15% to Rs 289 cr - DLF"s net profit dips 30% - Dabur net up 27.04% - Century Textiles net doubles Total income rose to Rs 3,495.42 crore for the latest quarter as against Rs 3,033.41 crore for the same period previous fiscal, Central Bank of India said in a filing to the Bombay Stock Exchange (BSE). The bank earned an interest of Rs 3,131.30 crore for the third quarter ended December 31, against Rs 2,722.22 crore for the same period a year ago. For the nine month period ended December 31, 2009, the bank posted a net profit of Rs 887.17 crore against Rs 508.73 crore for the same period previous fiscal. Shares of Central Bank of India were trading at Rs 153.50 on the BSE, up 3.93 per cent from previous close.


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