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Korean takeover
How Korean consumer durable majors LG and Samsung knocked out rivals in the fight for market share and brand recall.

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Bharti's share in Singtel Q2 profit rises 26%
Singapore"s leading telecom firm SingTel today said contribution of Bharti Airtel, in which the company holds nearly 32 per cent stake, to its profit rose by 26 per cent to 236 million Singapore dollars (around $170 million) for the July-September quarter.

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Support seen below 4,700
The Nifty opened gap-down on Friday and broke many crucial supports in the process, indicating that its further decline will be quite intense. Technical analysts are cautious about its upside, as the index is trading around 20 of its daily moving average (DMA). For any upside, benchmark indices need to cross the immediate resistances of 16,720/ 5,000 convincingly, else we could see selling pressure emerge once again, which could take the main indices towards the Friday low of 16,210/ 4,800.
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Opto Circuits signs pact with OEM for joint development

Opto Circuits (India) Ltd. (OCI), a manufacturer of invasive and non-invasive medical devices, today announced that Criticare Systems Inc, its wholly owned subsidiary, has signed a long-term development agreement with an OEM customer. The agreement provides for a joint development programme focused on a new modular and MRI-compatible patient monitoring system. - Opto Circuits gains on 32% jump in net - Colgate, Opto Circuits & Sonata Q1 results - Opto Circuits" Q1 net up 31.7% - Opto Circuits up on better profits - Opto Circuits Q4 net up 61.4 per cent - Opto Circuits soars over 7% on strong Q4 nos The system will be based on Criticare’s new eVision™platform. The development programme will commence immediately. The resulting new product and iterations thereof are projected to increase revenue, the company said in a statement. Criticare System’s established partnership with this OEM customer will expand and result in mutual benefits for many years to come. The new product line will be produced by Criticare Systems and will be marketed by the OEM partner under their brand name in all major markets, Vinod Ramnani, managing director, Opto Circuits said.


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