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HCC Q3 net dips 36% to Rs 15 cr
Construction major Hindustan Construction Company (HCC) reported a 36 per cent drop in net profit for the quarter ended December 31, 2001 at Rs 14.75 crore as against Rs 23.20 crore in the previous corresponding quarter.

North-based export companies mull hedging on rising rupee
Worried over an adverse impact on export earnings due to rising rupee against the US dollar, several north Indian export companies are mulling hedging against the volatility of the Indian currency.

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Indian eco may grow at 7% in FY09-10: PMEAC
On the back of robust economic growth at about 8 per cent in the second quarter of the fiscal, the Prime Minister"s economic panel today said the economy is likely to grow by 7 per cent in the current fiscal.
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Bajaj Auto gets European patent for ExhausTEC

Leading auto maker Bajaj Auto today said its technology ExhausTEC, which helps improve performance of a two-wheeler, has been granted a patent by the Munich-headquartered European Patent Office. - Motorola accuses Blackberry maker of patent violation">Motorola accuses Blackberry maker of patent violation - Latha Jishnu: Perils of the US model">Latha Jishnu: Perils of the US model - Bajaj: Motoring ahead - Pharma tops in patent suits - Bajaj Auto: Domestic boom revs up growth - Bajaj small car to be smaller than Maruti"s Alto: Renault ExhausTEC is useful for improving power in a single cylinder four stroke engine and the company has already manufactured and sold over 50 lakh motorcycles fitted with this technology since 2004. "Bajaj"s patented DTS-i twin spark technology and ExhausTEC together deliver fuel efficiency and performance combination to its customers," the company said in a statement. The company already has an Indian patent for ExhausTEC which is valid till 2024. "This European patent derives priority from the corresponding Indian patent application dated August 6, 2004...The European grant awarded now after a stringent examination, is a solid reaffirmation," Bajaj Auto said. Besides Munich, the European Patent Office has its main offices in Brussels, Berlin, Vienna and The Hague.


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