Gold rose to a 3 week high of $918.25 on Monday due to rise in risk aversion amidst fears of swine flu in North America. In the Indian markets, gold rose by Rs 140 to regain the 15,000 mark fast tracked by heavy buying by the retail investors on 'Akshay Tritiya'.

The world's largest gold-backed exchangetraded fund, the SPDR Gold Trust, said its holdings remained at 1,104.45 tonnes as of April 28, unchanged from the previous day. Its holdings hit a record 1,127.68 tonnes on April 9, and remained at that level for a week.

Areva T&D India Ltd, the Indian subsidiary of AREVA France SA has posted a net profit af

Water purifier manufacturer Kent RO Systems is all set to enter the estimated Rs 300 crore low-cost mass market water purifier segment.

According to latest reports it has revealed that, the company is set to launch a low cost purifier in the gravity storage water purifier segment next month.

The water purifier would be based on ultra filtration technology in which water filters through UF hollow membrane without using any chemical such as chlorine or bromine.

The BSE-benchmark-Sensex gained for the third day in a row after an extremely volatile session as investors took calculative steps ahead of F&O expiry on 29th April 2009.

In the morning, the domestic market opened on negative note tracking weak cues from the Asian markets. But during mid-session, the market gathered decent momentum to touch day's high on significant buying across the board.

However, despite sharp come back, market was not able to hold the same impulse and slipped again, on profit booking.

Exide Industries Ltd, one of the world's largest producers and recyclers of lead-acid batteries, has registered 36% jump in its net profit for the fourth quarter ended March 31, 2009.

The company posted net profit after tax of Rs 68.20 crore against Rs 62.82 crore in the same quarter ended March, 2008.

However, the total operating income of the company during the quarter, stood at Rs 801.13 crore against Rs 796.36 crore over the same period last fiscal.

Sugar producer Triveni Engineering & Industries, on Monday announced a 10 per cent surge in its net profit at Rs 37.77 crore for the second quarter ended March 31, 2009, compared to Rs 34.28 crore in the year-ago period.

During the same period, company's net sales also grew by 21 per cent to Rs 457.58 crore in the latest quarter from Rs 378.27 crore in the corresponding year-ago period.

For the six months ended March 31, 2009, Triveni Engineering posted a net profit of Rs 61.75 crore as compared to Rs 59.96 crore.