The net profit of the country's largest carmaker, Maruti Suzuki fell down by 6.75 percent for the first quarter ended June 2008. This fall in the profit is due to rising cost of raw materials, a change in accounting norms and a loss from derivative instruments. Maruti reported a net loss of Rs13.90 crore from derivative instruments.
Steel Authority of India Ltd (SAIL), the country's largest steel producing company, has posted a 20.32% jump in its net profit for the April-June quarter, driven by higher sales volumes, increased
Berlin - Despite rising gas prices, Europe's biggest carmaker Volkswagen AG's global sales climbed by 5.8 per cent in the first six months of the year, powered ahead by surging demand in emerging markets.
The rise in VW's worldwide deliveries to 3.27 million was the highest figure reached by the carmaker during the first six months of the year but warned world car markets were facing tougher conditions.
The increase during the first six months of the year followed a 23.2-per-cent jump in sales in China along with a 21.8-per-cent rise in Brazil and an 18.7-per-cent increase in Central and Eastern Europe's booming car markets.
The Quarter 1 profit of Satyam Computer Services was announced on Friday. The Software major has recorded a net profit of 45 per cent at Rs.547.7 cror for Q1 ended on June 30.
6.75 percent for the first quarter ended June 2008. This fall in the profit is due to rising cost of raw materials, a change in accounting norms and a loss from derivative instruments. Maruti reported a net loss of Rs13.90 crore from derivative instruments. 
Berlin - Despite rising gas prices, Europe's biggest carmaker Volkswagen AG's global sales climbed by 5.8 per cent in the first six months of the year, powered ahead by surging demand in emerging markets.
Bangalore, July 18 : Contrary to expectatio
