TopNews

The Indian currency rallied for the third consecutive day on Friday by 18 paise to end the day firmer at 46.94 versus the US currency on heavy offloading of the greenback by local operators and strong equity prices.

The rupee resumed on a higher rate at 47.08 against the dollar on weak demand for dollars by local traders.

Afterward, it fluctuated in wide range between 46.90 and 47.06 in intra day trade.

Biocon has recorded a net profit of Rs 77 crore for April-June quarter of this fiscal (20010-11), recording year-on-year (YoY) expansion of 33%as against Rs 58 crore in the same period of last year.

In a regulatory filing, the top biotechnology firm stated that its total income grew by 33%YoY to Rs 672 crore for the three month period ended June 2010 as against Rs 505 crore during the same period of 2009-10.

The company's EBITDA (earnings before interest, taxes, depreciation and amortization) at Rs. 141 crore grew 27 percent YoY from Rs. 111 crore year ago.

Through a study it was stated that one cannot watch all the TV programmes in 3D.

The supposed reason for the same is based on the experimental system that currently is being employed to convert 2D broadcasts into a kind of pseudo-3D, by using complex maths to 'guesstimate' the distances between two objects present on the screen and also speaking technically, digitally tweaking the image helps create the illusion of depth.

As the Indian consumer is getting more mature, it is time that the companies should also get a hang of it.

The RR Singhania - AutoPace case is certainly a case in point. Singhania booked a Maruti car from the dealer named Autopace in Chandigarh with a booking amount of Rs. 50,000.

As it was earlier promised by the dealer that the consumer will get an interest on the booking amount from the date of deposit to date of delivery minus seven days, the condition was not fulfilled later.

It has been learned from the sources t

While the Bajaj Auto's new small car project that works in a joint venture with Nissan and Renault has been delayed for quite a few times in the domestic circuit, but perhaps the project is now on track.

In fact, Rajiv Bajaj, the managing director of second-largest producer of two-wheelers in the Indian market recently said that the product will be rolled out of the Waluj plant and not from the initially expected Chakan unit.