Tata Steel will report its Q2 September 2009 consolidated results today, 26 November 2009, which includes the results of Corus.
Siemens will report its year ended September 2009 results today, 26 November 2009.
Net profit of Balrampur Chini Mills rose 193.07% to Rs 42.73 crore on 7.97% decline in sales to Rs 378.90 crore Q4 September 2009 over Q4 September 2008. Net profit rose 133.44% to Rs 226.51 crore on 16.16% increase in sales to Rs 1700.04 crore in the year ended September 2009 over year ended September 2008.
ITC is reportedly reviewing its equity stake in EIH, which runs the Oberoi group of hotels, and exploring options including making a counter offer after media reported that investor Analjit Singh plans to buy another 17% in EIH. ITC has a little under 15% stake in EIH.
A consortium led by SREI Infrastructure Finance reportedly plans to set up a 400 megawatts (MW) power plant in Haldia, West Bengal, for an estimated cost of Rs 1800-2000 crore.
Jet Airways is reportedly looking to hire 25-30 Indian pilots for its proposed expansion of operations. Jet employs nearly 700 Indian and 150 foreign pilots.
Lanco Infratech is reportedly set to tie up finances for at least three coal-fired power projects entailing total investments of Rs 15000 crore.
Telecom Regulatory Authority of India is likely to raise cable television channel tariffs by December-end with the revised rates likely to be effective January 2010.
Oriental Bank of Commerce (OBC) intends to raise Tier I capital amounting to Rs 300 crore by issuing innovative perpetual debt instrument through on a private placement basis.