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Letters: Justice delivered
Finally, after all these years, the soul of Ruchika Girotra will get some rest. The Central government has stripped SPS Rathore of his police medal and the Haryana Police has slapped an abetment to suicide case against Rathore. Some action now needs to be taken against those policemen and other officials who aided and abetted him in his nefarious deals. The policemen who filed fake charges against Ruchika’s brother must have known they were fake charges, and yet they went along. If complete justice is to be done, these men must also be punished.

Food inflation to ease next month: Montek
The Planning Commission today said food inflation will come down next month from a more than a decade"s high of around 20 per cent, as apprehensions about adverse effect of drought were easing.

News of the day

'Bhuvan should be accessed by different organisations'
Bhuvan, an indigenously developed satellite mapping tool similar to Google Earth, should be widely accessed by different organisations and agencies for their programmes, Science and Technology Minister Prithviraj Chavan said today.
Management

Pantaloon Retail Q3 net up 51% at Rs 51 cr

Kishore Biyani-promoted Pantaloon Retail today reported a jump of 51.07 per cent in its third quarter net profit at Rs 50.67 crore. - Era Infra Q3 profit surges 85% to Rs 57 cr - Godrej Industries Q3 net up eight times at Rs 44 cr - Hero Honda Q3 net soars 78% on strong sales - SBI Q3 net down 8.4% to Rs 3,305 cr - Lloyds Steel Q3 turns profitable - Jet back in black with Rs 106 cr profit in Q3 The company had a net profit of Rs 33.54 crore during the same quarter last fiscal, Pantaloon Retail (India) said in a statement. It also reported an increase of 25.38 per cent in its net sales for the quarter ended December 31, 2009, at Rs 1,912.84 crore against Rs 1,525.68 crore during the year-ago period. During the quarter, paid up equity share capital (including Class B Shares) increased from Rs 38,06,41,346 to Rs 41,22,85,746 on account of allotment of 1,58,22,200 equity shares of face value of Rs 2 each at a premium of Rs 314 per share to Qualified Institutional Investors, the statement added.


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