Biz Briefs

Jul 10, 2010 |

Correspondent

The Registrar of Companies on Friday said that it served 11,888 notices to companies in Punjab, Himachal Pradesh and Chandigarh for not filling balance sheets under the Companies Act 1956.

Gujarat NRE Coke has reported a net profit of Rs 20 crore for the first quarter ended June 30, over the corresponding period a year ago. The firm had reported a net profit of Rs 3.64 crore in FY 10.

A parliamentary panel on public sector units has sought action against BSNL chairman and MD, Mr K. Goyal, for not showing up for its meeting on Thursday to examine the functioning of the PSU.

Pricewaterhousecooper in India, Australia, Canada, UK and USA on Friday announced formation of a new entity to conduct select back-office operations for their activities Kolkata.

Oil traded near $76 in Asia on Friday, lifted by buoyant sentiment after the IMF pumped up its projections for global growth. NY’s main contract, light sweet crude for delivery in August, was up 30 cents.

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