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Oracle Financial Services Q3 net dips 14% to Rs 227 cr
IT solutions provider Oracle Financial Services Software today reported a 13.68 per cent decline in consolidated net profit at Rs 227 crore for the quarter ended December 31, 2009.

Gets warning against 'illegal mining'
The Centre today warned the Vedanta group that it can be prosecuted if it resorts to “illegal mining” of bauxite at Niyamgiri in Orissa since it has been given only in-principle approval. “They have got environmental approval in-principle. They have not got full forest clearance. If mining is taking place in Niyamgiri, then it is illegal,” Environment and Forests Minister Jairam Ramesh said in the Rajya Sabha.Replying to a debate on the working of his ministry, he said the ‘in principle’ nod given to the group would not mean sanction for the mining operations.

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Powerful, but pricey
While the growth visibility is reasonably good, the offer leaves no meaningful gains for investors in the near-term.
Small Business

US body to work with Andhra govt

US consul general Cornelis M Keur on Friday met health minister D Nagender and offered to work together in dealing with H1N1 cases through the Centre for Disease Control (CDC), a US government body working in the state with the Andhra Pradesh State AIDs Control Society. - Satyam granted one year extension to complete SEZs - TDP wants AP govt to review its SEZ policy - Andhra govt in no hurry on Maytas He said CDC was equipped to handle H1N1 cases. It was willing to share its technology. Keur agreed to the health minister’s suggestion to facilitate import of swine flu vaccines from the US.


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