Suzlon Energy Q4 loss at Rs 188 crore

Suzlon Energy Q4 loss at Rs 188 croreWind power major Suzlon Energy has declared its fourth quarter financial results for the fiscal year 2009-10 and the reports have not been so impressive. The company has posted a consolidated loss of Rs 188.47 crore for the quarter that ended in 31st March, 2010.

The net profit of the firm was reported to be Rs 314.89 crore for the fourth quarter last year. So far as the total income of the firm is concerned, it has fallen down to Rs 6,174.58 crore during the January-March period of fiscal year
2009-10. It stood at Rs 9,321.23 crore for the same quarter last year.

Sahara wins Team India sponsorship

Sahara wins Team India sponsorshipSahara Group has managed to out bid telecom giants Bharti Airtel and Reliance to retain the Team India jersey. Once again it has bag the Team India sponsorship. Sahara Group will remain as the main sponsor of the team till
31st December 2013. Per match, it has to pay Rs 3.34 crore to BCCI.

However, the Board had fixed Rs 2.25 crore as the base price per match. The bid was for the all three formats for the game i. e. test matches, ODIs and Twenty20s. This has been informed by the marketing committee of BCCI. Last month BCCI has invited bids for team sponsorship for four Indian squads.

Gilly, MSD are similar captains-Says Rohit Sharma

Rohit SharmaRohit Sharma has said in a press meet that Adam Gilchrist and Mahendra Singh Dhoni have very similar attitude towards the game. Both of them are devastating players and have many similarities as captains. Moreover, he has thanked and credited the former Australian wicket keeper and Skipper of Deccan Chargers for his success.

Acupuncture and natural painkillers

Acupuncture and natural painkillersMedicines are not only the way of treatment now-a-days. Many people are not interested in taking medicines because there are lots of side effects. They are going for some non other healing methods like acupressure, acupuncture. Acupuncture motivates the secretion of natural painkillers in body, new study advices, providing a probable physiological enlightenment for how the healing works.

Total gold production declines by 2% in the first quarter

Total gold production declines by 2% in the first quarterTotal gold production in Australia fell by around 2% in the first quarter of the year, according to the latest data of mining consultants Surbiton Associates. Surbiton blamed the latest resource super profits tax for the declined gold output in the quarter.

The gold industry also warned that the super profit tax could encourage many junior gold explorers to look overseas rather than remain in Australia. Surbiton report showed that total gold production in Australia was reported of

Australia’s deficit narrows in the first quarter of 2010

Australia’s deficit narrows in the first quarter of 2010Australia's current account deficit decreased in the first quarter of 2010 ended March 31, according to the Australian Bureau of Statistics. ABS said that the account deficit decreased in the March quarter as rising commodity prices start to filter through the economy. ABS also forecasted that the deficit will narrow further in the year 2010.

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