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Popular Articles

ELSS: Tax gain with returns
During the last few weeks of the year, accounts departments of companies start asking employees to give documents to back up their section 80C declaration made at the beginning of the financial year. http://smallpersonalloans.org.uk

Situation in North-East far from comfortable: PM
As violence in Manipur and Assam continued unabated, Prime Minister Manmohan Singh today said situation in the North-Eastern states was far from comfortable.

News of the day

FinMin not opposing new FDI norms
Shedding earlier reservations over some aspects of the controversial new FDI guidelines, the Finance Ministry now says it does not have any objection to new rules that changed the criteria for calculation of foreign ownership in a company and its downstream investment.
Small Business

Reliance Power Q3 net rises 26% to Rs 134 cr

Reliance Power today reported a 26.46 per cent increase in its net profit at Rs 133.64 crore for the third quarter ended December 31, 2009. - BEL Q3 net jumps nearly twofold to Rs 224 cr - Info Edge Q3 PAT dips 9% to Rs 15 cr - CPCL Q3 net at Rs 220 cr - IOC Q3 profit plunges 76% to Rs 697 cr - NTPC Q3 net up 5% to Rs 2,365 cr - Apollo Tyres Q3 net zooms over 18 times on topline growth The company had a net profit of Rs 105.68 crore in the December quarter of FY09, Reliance Power said in a filing to the Bombay Stock Exchange (BSE). Total income grew by 36.44 per cent to Rs 179.16 crore in the third quarter from Rs 131.31 crore in the corresponding period a year-ago. Shares of Reliance Power settled at Rs 146, up nearly 1 per cent from the previous close on the BSE.


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