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Reliance Communications: Paisa power
Sayantani Kar / Mumbai December 8, 2009, 0:28 IST

US, Brazil eat into Indian share of oilmeal exports
Oilmeal exports from India are falling due to higher prices and low quality compared to those from the US, Brazil and Argentina, which are offering better quality of soybean and rapeseed at lower prices. Exports are expected to come down by 15-20 lakh tonnes during 2009-10.

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2009: Markets sizzle
The year was the best in more than a decade. 2010 could churn out modest returns while being increasingly volatile.
Corporate

Voltas jumps on decent results

Shares of Voltas spurted 20.55 per cent to Rs 118.2 on announcement of decent FY09 results. Net profit for the year ended March 31, 2009, increased by 21 per cent to Rs 251.40 crore, while total income rose 34 per cent to Rs 4,361.72 crore during the period. - A cool cause - Voltas zooms 20% on Rs 300cr orders, FY09 nos - Voltas FY"09 net up 21% at Rs 251.40 cr - Tantia up 3.2% on order from rlys - LIC Housing rises 4.43% - HCL Infosys up on BSNL order The company bagged two electro-mechanical projects orders worth Rs 300 crore from Kolkata and Chennai international airports. The board also approved a dividend of Rs 1.60 per share. The stock opened at the lowest point of the day at Rs 100 and made an intra-day high of Rs 119.7. Total traded volumes stood at 4.03 million shares.


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