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Balrampur Chini Sept quarter net climbs 193%
Kolkata-based Balrampur Chini Mills profit after tax for fourth quarter ending September 30, 2009 improved 193 per cent at Rs 42.7 crore from Rs 14.58 crore in the fourth-quarter last year. Net sales dropped to Rs 379.96 versus Rs 416.73 crore in the corresponding quarter in the preceding year. Earnings per share gained 192.7 per cent at Rs 1.67 as against 57 paise in the year ago quarter.

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RIL may make firm bid for LyondellBasell in Feb
Reliance Industries (RIL) may make a firm bid to acquire bankrupt chemicals and fuel maker LyondellBasell Industries AF in February 2010 after $20 billion of debt owned by the troubled firm is restructured.

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Jobs rise by 5 lakhs in second quarter
The government today said employment rose by about 5 lakhs in the second quarter after falling by 1.31 lakhs in the first quarter this fiscal. "... The employment has increased by about 5 lakhs during July-September 2009 over June 2009," Minister of State for Finance Namo Narain Meena told the Rajya Sabha in a written reply.
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India not in favour of bidding for Olympics: Gill

Sports Minister M S Gill today disfavoured the suggestion that India should bid for Olympics even if the Commonwealth Games next year are organized successfully. - CWG infra, stadia to be ready in time: Gill - Detectives may check for IPR violations in CWG - Australian institute for research, collaboration - Delhi faces tough task of being a perfect host - Kalmadi re-elected Asian Athletics Asso prez - T N Ninan: Public pain, private gain">T N Ninan: Public pain, private gain "Some of our colleagues said casually that we should be bidding for Olympics. I"m not sure India should be," Gill said in the Rajya Sabha while replying to members" concerns over delay in preparations for the Commonwealth Games. Gill"s remarks came in response to a statement made by cine-star turned Samajwadi Party MP Jaya Bachchan, who said the Commonwealth Games give an opportunity to bid for the Olympic. "Look at the poverty in this country...Look at its size... China has spent 50 billion dollars for Olympics. If you are ready to spend (that amount).... There is a certain class of people, who like and enjoy it because it is a good entertainment for them," Gill said. The minister"s remark prompted angry reactions from Bachchan, who asked him not make personal comment, a charge Gill denied. "It"s not a personal comment. It"s policy," Gill said.


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