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Koda's interrogation likely to begin today
As probe intensifies, says he’s being framed since he’s a tribal.

RCom Q1 net profit rises 8.3% to Rs 1,637 cr
Telecom major Reliance Communications (RCom) has posted a consolidated net profit of Rs 1,637 crore for first quarter ended June 30, 2009, an increase of 8.3 per cent, compared with a net profit of Rs 1,512 crore recorded during the same period of previous financial year.

News of the day

PSU oil firms cut jet fuel prices by 5.7%
After increasing it four times in a row, the state-run oil firms today cut jet fuel prices by 5.7 per cent on easing international rates.
Business Opportunities

High Court approves merger of two units with Godrej Consumer

FMCG major Godrej Consumer Products today said the Bombay High Court has given its approval for the merger of the company"s two group firms — Godrej ConsumerBiz and Godrej Hygiene Care — with itself. - Analysts" corner - Sara Lee buy to benefit Godrej Group - Soap opera - Godrej looks to buy some of Sara Lee"s international biz - GCPL: Attractive pricing pays off - "We intend to cover 50,000 villages soon" The High Court "has approved the scheme of amalgamation of Godrej ConsumerBiz Ltd and Godrej Hygiene Care Ltd with Godrej Consumer Products Ltd on October 8," the fast moving consumer goods company said in a statement to the Bombay Stock Exchange (BSE). The effective date of the scheme will be the date on which the certified copy of the order passed by the court is filed with the Registry of Companies, Maharashtra, it added. Shares of Godrej Consumer Products were trading at Rs 264, up 0.23 per cent in the afternoon trade on the BSE.


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