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Rajesh Exports net dips 46% on high input cost
The country’s largest gold jewellery manufacturer and exporter, Bangalore-based Rajesh Exports, has posted 46.43 per cent decline in net profit during the first quarter of the current fiscal on substantial increase in investment in raw material procurement.

Overbought markets likely to stay range-bound
The Nifty faced strong resistance above 5,300 and closed in a Doji pattern, indicating indecisiveness among participants.

News of the day

Cos plan to raise Rs 50K cr in 2010
Domestic companies are expected to embark on a mega fund raising spree this year with plans to raise over Rs 50,000 crore by way of public offers, driven by the sharp recovery in the stock market.
International Business

Russia Space Troops put 250 spacecraft into orbit in 8yrs

Russian Space Troops have carried out over 200 lift-offs of launch vehicles over the eight years of active operation, which put into orbit 250 spacecraft of various designations. Commemorating the launch of world"s first satellite from Baikonur in 1957 on the Space Troops Day yesterday, commander of the Space Troops, Major General Oleg Ostapenko said, "The establishment was caused by objective necessity, promoted by modern world trends for expanding outer-space role in ensuring protection of vitally important state interests in the economic, military and social spheres,".


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