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Court rejects bail plea of senior VP of Satyam
A local court today dismissed the bail petition of V S Prabhakara Gupta, Senior vice-president and global head of internal audit cell in Mahindra Satyam, who was arrested in the multi-crore accounting scam in Satyam Computer Services.

Mulayam raises RIL gas issue in House
The gas row between the Ambani brothers had its echo in the Lok Sabha on Thursday with Samajwadi Party chief Mulayam Singh Yadav making a strong plea for gas from Reliance at cheaper rates for state-owned National Thermal Power Corporation (NTPC), a plea also being used by the Anil Ambani group.

News of the day

Keep trying
Copenhagen: The world’s best spin-doctors couldn’t put much of a glow on the Copenhagen summit. Representatives of 120 countries gathered in the Danish capital with solemn pledges to draft an international treaty to fight man made climate change, but all that emerged was a vague text with a few good intentions and no firm commitments. It"s not much comfort to think that no treaty might be better than a hastily composed bad one.
Home Business

KSK Energy Q3 net loss at Rs 4.91 cr

KSK Energy Ventures today posted a consolidated net loss of Rs 4.91 crore for the third quarter ended December 31. - Tulip Telecom Q3 net up 38% to Rs 69 cr - NHPC turns around, posts Rs 581 cr profit - SCI Q3 net dips 53% to Rs 87 cr - GVK Power Q3 net zooms two fold to Rs 46 cr - Ackruti City Q3 net jumps four fold to Rs 77 cr - J-K Bank Q3 net rises 19% to Rs 139 cr The company had a consolidated net profit of Rs 3.62 crore in the same period corresponding fiscal, KSK Energy Ventures said in a filing to the Bombay Stock Exchange (BSE). Total income of the company stood at Rs 87.4 crore for the latest quarter while the same was Rs 64.6 crore during the same period last fiscal. On a standalone basis the company reported a net loss of Rs 16.3 crore for the third quarter ended December 31, while it had a net loss of Rs 8.2 crore in the same period previous financial year.


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