RBI keeps all key policy rates intact
--------------as we said before 2 days
RBI has not changed any of the key policy rates. All the rates including the Reverse Repo remain the same. The cash reserve ratio (CRR) has also been left untouched by the RBI.
Domestic Funds net buyers Rs.369 crs
Gross buyers Rs.798.50 crs
Gross sellers Rs.429.90 crs
Net buyers Rs.368.60 crs
Bombay Dyeing announces Q3 results
Bombay Dyeing & Manufacturing Company Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:
The Company has posted a net loss of Rs 370.10 million for the quarter ended December 31, 2007 where as the same was net profit at Rs 72.10 million for the quarter ended December 31, 2006. Total Income is Rs 3079.00 million for the quarter ended December 31, 2007 where as the same was at Rs 1190.20 million for the quarter ended December 31, 2006.
Commercial production of PSF, based on PTA as feedstock, commenced from October 01, 2007 and hence the results for the current periods are not comparable with the previous periods. Further, the performance of the PSF division during the current period was adversely impacted by large increase in the price of the raw materials which could not be passed on to the consumers on account of the over supply situation in the PSF market.
HMT announces Q3 results
HMT Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:
The Company has posted a net loss of Rs 157.50 million for the quarter ended December 31, 2007 as compared to net loss of Rs 44.90 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 701.30 million for the quarter ended December 31, 2006 to Rs 378.10 million for the quarter ended December 31, 2007.
Indian Rupee Exchange Rate
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