Subex announces Q1 results, revenue touches Rs. 118.7 Crores
Subex announced that it has recorded consolidated revenue of Rs. 118.7 crore and consolidated net profit, before exceptional items, of Rs. 17 crore ($3.7 million) for the quarter ended June 30, 2010.
Late selling pushes Sensex 150 points down
Late selling pressured a benchmark index for Indian equities Friday to close 150 points lower. Trade was lacklustre in earlier sessions.
Camlin Fine Capitals shares down 8 percent
Camlin Fine Capitals was among the top losers, after its shares went down by nearly 8 percent. After opening the day at Rs. 95.55, the stock touched the day's low price of Rs. 81, before ending the day at Rs. 90.21, down 7.99 percent.
Demat accounts without PAN to go defunct
The Securities and Exchnage Board of India (Sebi) is going to ban demat accounts, which do not have permanent account numbers (PAN). Non-PAN demat accounts will become inoperative from August 16, said Sebi.