TOP CORPORATE NEWS
·
Crompton Greaves gains post Q3
result
Crompton Greaves is higher by 4% after consolidated net profit at
Rs 62 crore for the third quarter ended December 31, 2013 (Q3), on back of
higher sales. The company had recorded loss of Rs 189 crore in the same quarter
year ago.
·
Tata Global Beverages Q3 net
profit at Rs1195.50 mn
Tata Global Beverages Ltd has posted a consolidated net profit of
Rs. 1195.50 mn for the quarter ended December 31, 2013 as compared to Rs.
802.60 million for the quarter ended December 31, 2012. Total Income has
increased from Rs. 19286.60 mn for the quarter ended December 31, 2012 to Rs.
20956.90 mn for the quarter ended December 31, 2013
·
Titan tumbles after weak Q3
earnings
Titan Company lost 5.01% as net profit declined 18.8% to Rs 165.57
crore on 11.12% decline in total income to Rs 2701.84 crore in Q3 December 2013
over Q3 December 2012.
·
HDFC puts Hirco's Chennai township
on block
HDFC has put Hirco Plc's township at Chennai on block to recover
its dues of 539.86 crore. Reserve price for the property is spread over 158
acres in Kancheepuram on the outskirts of Chennai. The e-auction for the
property will be conducted on March 3, 2014.
·
Havells Q3 net up 28% to Rs 121.47
cr
Havells India reported a 28.32 percent increase in its standalone
net profit to Rs 121.47 crore for the third quarter ended December 31, 2013.
The company had posted a standalone net profit of Rs 94.66crore for the same
period of the previous fiscal.
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