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Bank of Maharashtra net down 7%
Public sector lender Bank of Maharashtra reported 7 per cent drop in net profit to Rs 112 crore for the quarter ended December 31, 2009 as against Rs 120.6 crore in the year-ago quarter.

Ashok Leyland to roll out 25 products in 18 months
Hinduja group firm, Ashok Leyland today said it will roll out 25 products in the next eighteen months from its newly launched truck platform and will shift all existing products to it by 2013.

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Caraco shock: Sun Pharma to revise guidance
Sun Pharma today said it would revise the revenue guidance for 2009-10 as the company was not sure when its US subsidiary, Caraco Pharmaceuticals, would be able to meet the regulatory standards of the Food and Drug Administration (USFDA).
Small Business

ICICI Bank slumps on weak Q3 numbers

The stock ended at Rs 845, down 1.5% from its previous close. The counter clocked volumes of 7.43 lakh shares on the BSE. ________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The country’s largest private sector lender said that its consolidated net profit in Q3FY2010 fell 26.36 per cent to Rs 1,148.66 crore largely due to a loss on the treasury portfolio. The bank’s consolidated total income declined by 16.23 crore to Rs 14,176.84 crore. On a standalone basis, ICICI Bank’s net profit fell 13.45 per cent to Rs 1,101 crore during the quarter as other income fell.


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