V-Guard Net Surges 47%

V-Guard Net Surges 47%The net profit of V-Guard Industries Limited grew by 46.85% to Rs 25.47 crore during the last fiscal (2009-10) as compared to Rs 17.35 crore during the previous fiscal.

During the company’s Annual General Meeting (AGM), the directors sanctioned 30% final dividend on the paid-up capital for the financial year 2009-10.

The profit before tax (PBT) of the leading electronic and electrical equipment maker surged 50.36% to Rs 39.51 crore for the period under review as against Rs 26.28 crore last year.

Jogging Doesn't Always Help Shed Body Weight

Jogging Doesn't Always Help Shed Body WeightJogging might not be the best form of work out, particularly if you wish to shed extra body weight.

Greg Brookes, a London-based personal trainer, said, "Lots of people start running to lose weight and it doesn't always work - and this is why."

Brookes said, "Fat is one of our body's favourite sources of energy. The more you run, the more your body prepares itself for your next run. You will actually start to hold on to more fat."

Too Much Consumption Of Milk Leads To Prostate Cancer

Too Much Consumption Of Milk Leads To Prostate CancerExperts have discovered that too much consumption of milk can raise the chance of developing prostate cancer.

The study was conducted by Canadian researchers.

The study, published in The Prostate journal, discovered that males who consumed four 200 ml milk glasses had double the chance of prostate cancer.

Milk has cow hormones, comprising insulin-like Growth Factor 1 (IGF-1).

These hormones encourage growth and may help to feed prostate cancer and perhaps, to a lesser extent, ovarian cancer.

Mahindra Holidays Q1 Net Profit Declines 60%

Mahindra Holidays Q1 Net Profit Declines 60%A lower registration of members has affected Mahindra Holidays and Resorts India's top and bottom-line of 23.6% and 60.6% respectively for the three month period ended June 2010 as against 2009's corresponding figures.

As per the declaration made by the company, Mahindra Holidays made a total income worth Rs 101 crore and a net profit of Rs 13.29 crore as compared to Rs 135.30 crore and Rs 33.74 crore made in the same period of the previous year.

The company has added 3,945 new members, which takes the total number of members to 113,829.

SAIL starts revival of its Jagdishpur unit

SAIL starts revival of its Jagdishpur unitState-run Steel Authority of India's (SAIL) commenced the revival of its Jagdishpur facility, laying the cornerstone for a novel TMT bar mill at the project site.

In a declaration, the company said, "Steel Secretary Atul Chaturvedi and SAIL Chairman C. S. Verma laid the foundation stone of a TMT bar mill of 1.5 lakh tonne per annum (TPA) capacity. This is a part of SAIL's plan to revive and develop the steel plant of erstwhile Malvika Steel Ltd (MSL)."

Shree Ganesh Jewellery Eyes $1 Bln Turnover In 2010-11

Shree Ganesh Jewellery Eyes $1 Bln Turnover In 2010-11Hand-crafted jewellery manufacturer Shree Ganesh Jewellery House is eyeing to register a turnover of USD 1 billion in the existing financial year (2010-11).

While addressing a press meeting, Mr. Nilesh Parekh, chairman, said, "The current quarter is crucial for us and our order book for this period is Rs 1,500 crore."

For 2010-11, the company's order book size stood at Rs 3,000 crore.

The company's export markets are mainly in United Arab Emirates, Hong Kong and Singapore.

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