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The Sensex opened in the positive zone at 16,912 but however slipped into the red owing to subdued cues from the gloabl markets all over. The index is now at 16,870, down 42 points.

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Aditi Phadnis: Keeping the SP together
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Marico net surges 32% to Rs 62 cr

FMCG major Marico has posted 32 per cent jump in its consolidated net profit for the quarter ending September 30, 2009 at Rs 62.35 crore as compared to Rs 47.12 crore profit it posted in the corresponding quarter last financial year. - Marico rises 3.8% - ITC, ORMAS tie-up soon for incense making - HUL to sell 7 residential properties in Gurgaon, Mumbai - Godrej to consolidate business by acquiring foreign brands - Marico"s Bangladesh unit starts public trading - HP clears 13 industrial units The company"s total income also rose 15 per cent at Rs 696.40 crore in the September quarter in FY 2010 as compared to Rs 607 crore it posted in the second quarter of FY 2009.


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