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Maruti mulls capacity expansion at Manesar
The country"s largest carmaker, Maruti Suzuki India today said it is considering increasing the production capacity at its Manesar facility, and a decision on this is likely in a day or two.

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Cost of funds, fee income to drive bank profits in Q2
With bond yields hardening, bankers say they will not be able to look to their trading rooms for high profits.

News of the day

Thermax Q3 dips 22% to Rs 56 cr
Engineering equipment maker Thermax Ltd today said its net profit declined by 21.84% to Rs 56.50 crore for the third quarter ended December 31, over the same period corresponding fiscal.
Management

Orchid Chemicals reports Rs 13.2 cr loss

Orchid Chemicals & Pharmaceuticals reported a net loss of Rs 13.20 crore for the quarter ending on September 30, 2009 as compared to Rs 40.66 crore loss last year. - Aurobindo gets nod to market 2 more products in S Africa - Glenmark Pharma Q2 net dips 31% to Rs 81 cr - Natco to make 10 mn strips of generic Tamiflu available by Oct - Orchid gets ANDA"s final nod from USFDA for Zaleplon Capsules - Orchid Pharma settles patent row, stock up 4% - Orchid Pharma settles patent row with Schering-Plough Total income rose to Rs 304.84 crore from Rs 339.14 crore, a drop of 10 per cent, the company said in a filing to the Bombay Stock Exchange (BSE). Shares of the company settled at Rs 153.5, down 3.52 per cent on the BSE today.


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