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Parsvnath Developers Q3 net jumps fourfold to Rs 25 cr
Realty firm Parsvnath Developers today reported a robust jump of over fourfold in consolidated net profit at Rs 24.90 crore for third quarter ended December. http://smallpersonalloans.org.uk

Govt refers Jet's proposal to raise $400 mn to CCEA
The government today referred a proposal by private carrier Jet Airways to raise Rs 2,000 crore from foreign investors to the Cabinet Committee on Economic Affairs (CCEA).

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Pranab hints at subsidy rollbacks to rein in fisc
Finance Minister Pranab Mukherjee today signalled that the government’s economic reform strategy would focus on fiscal consolidation, debt management and mobilising additional resources through disinvestment proceeds. The emphasis would be on curbing subsidies and promoting private sector investment by continuing stimulus measures.
Small Business

S Kumars Nationwide FY'09 net at Rs 60 cr

Textile company S Kumars Nationwide today said its net profit stood at Rs 60.09 crore for the year ended March 31, 2009, while it had a net profit of Rs 178.13 crore in the same period previous fiscal. - J K Cotton Mill ready for competition after 19 yrs of closure - Lodha Group top bidder for NTC prime land in Mumbai - Maran to visit Japan for promoting textiles industry - Textile industry attracts 50% more investments in FY"09 - Maran to led trade delegation to Japan - Raymond re-appoints Gautam Hari Singhania as CMD "The financial results of the company for the year ended March 31, 2009 are not comparable with the results for the year ended March 31, 2008 on account of the subsidiarisation of "Reid & Taylor" with effect from January 1, 2008," S Kumars Nationwide said in a filing to the Bombay Stock Exchange (BSE). Net sales stood at Rs 1,550.23 crore in the latest quarter, however, it had a net sales of Rs 1,605.72 crore in the same quarter previous fiscal. S Kumars Nationwide was trading at Rs 39.75 on the BSE, up 2.45 per cent from previous close.


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