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HUL Q3 profit slips on rising costs, shares fall by 5.45 pc

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Hindustan Unilever Limited (HUL) has reported a marginal decline in its fiscal third quarter (October-December 2010) net profit at Rs637.51 crore against Rs649.11 crore in the similar period of the previous financial year. "Our strategy is working and is reflected in the consistent double digit underlying volume growth over the last four quarters and ahead of market growth," HUL chairman Harish Manwani said. "In an inflationary... [ Continue reading... ]

Jan
25
2011

Sensex dips below 19k on hike in RBI key rates; down 182 points

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The Sensex fall was also on account of retail investors and funds squaring up their pending positions before the end of January settlement in the derivatives segment.The above discussions are totally described the sensex of the rate hike,inflation;ends below 19k mark. Largest private sector banks, ICICI and HDFC tumbled by 4.21 per cent and 2.85 per cent, contributing nearly 90 points to the Sensex fall. Fast Moving Consumer Giant, HUL, was... [ Continue reading... ]

Jan
25
2011

RBI Asks Banks to Raise Credit

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Governor said on Tuesday –Indian banks will have to raise more deposits and restrain lending. Banks' credit rose as much as 24.4% year-on-year in December, outpacing their deposit growth of 16.5% during the period, and the central bank's indicative projection of a 20% rise for the fiscal year through March. This has led the ratio of incremental non-food credit to deposit peak at 110.5% in mid-December. The RBI too said while it will... [ Continue reading... ]

Jan
25
2011

Twitter 50 Cent Credit Shut Down Worldstarhiphop.

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Rapper 50 Cent sent a tweet out to his 3,888,543 million followers and took credit for shutting down popular urban website, WorldstarHipHop.com. He had been the reason for it getting shut down. Dubious viewcounts did not show up as normal. Soon afterwards, 50 Cent claimed responsibility. Subway sandwich, 50 Cent said in 2009. Because shout out to 50 Cent, great promo. WorldstarHipHop owner attributes the shut down to some sort of technical... [ Continue reading... ]

Jan
25
2011

Business New Offers For 5 Days 2011 Big Bazaar India

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Business New Offers For 5 Days 2011 Big Bazaar India Big Bazaar is a chain of hypermarkets in India, It is a subsidiary of Future Group Venture Ltd. Business model of United States-based Wal Mart. Big Bazaar announced as 5 Days Long Discounted Shopping Offer, named Sabse Saste 5 din, from January 22, 2011. Click Here  NEW OFFERS BB It is applicable to all sub formats including Food Bazaar, Furniture Bazaar, Electronic Bazaar and... [ Continue reading... ]

Jan
22
2011
 
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