A 67% increase in net profit for the third quarter ended December 2008 at Rs 6.93 crore as against Rs 4.15 crore posted in the corresponding quarter last year was today posted by United Breweries Holdings.
It should be noted however, that total income of the company in the quarter saw a decline by 11% to Rs 91.75 crore when compared to Rs 102.91 crore in the same quarter last year.
There has been a decrease by 8% at Rs 51 crore in the company's total expenditure in the quarter as compared to Rs 55.25 crore in the corresponding quarter last year.
It was today informed by Vedanta group firm Madras Aluminium Company that for the Q3 ended 31st December, the net loss of the company stood at Rs 7.13 crore, while it had a net profit of Rs 14.72 crore for the same quarter in the previous fiscal.
It was informed by the company that a proposal from the promoter, Twinstar Holdings has been received by its board, in which the former has offered to acquire the remaining 20 per cent stake in Malco, following which the shares of the firm would be delisted from the stock exchanges.
On Monday, IBM, the world's largest technology services company, and German software company SAP AG announced that they are thinking to launch their first jointly developed software product in March.
SAP said, "The software -- called Alloy -- combines IBM Lotus Notes software with SAP Business Suite and will be sold by both companies."
An announcement regarding the deployment of the Warrior Satellite Monitoring and Surveillance System for the Indian region was today made by Pacific Telecom Conference -- Antenna Technology Communications Inc., a provider of commercial satellite communications systems at the Pacific Telecom Conference in Hawaii.
An announcement was today made by Tata Indicom that they have entered in a partnership with Indusgeeks Solutions Private Ltd, according to which it will extend its ongoing "Suno Dil Ki Awaaz" campaign into the virtual world.
An interactive 'virtual competition' involving Virtual World and Talent Hunt would be launched by Tata Indicom with the aim to compliment the initiative.
It was announced by web2.0 news website TechCruch's, Michael Arrington last summer that he might build a $200 web tablet; however now it seems that there is a Prototype B being shown off.
The device dubbed as CrunchPad looks nice, but it will cost $299 instead of $200. The device features a 12 inch touchscreen display and is powered by a Via Nano processor.
Let us give a look at the present specifications of the CrunchPad:-
1. 12 inch 1024x768 pixel resolution display with 4:3 aspect ratio