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The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.

The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.

REpower, in which Suzlon Energy holds a majority stake, said on Tuesday it has bagged an order from France-based EOLE-RES SA to supply 26 wind turbines. REpower has entered into an agreement with EOLE-RES SA to supply 26 wind turbines of 2 MW each, generating a total capacity of 52 MW, Suzlon said in a filing to the Bombay Stock Exchange.

Tata Motors on Monday said its global sales jumped by 93 per cent in January to 85,714 units, on the back of robust demand for both commercial and passenger vehicles. Sales of luxury brands from Jaguar Land Rover were at 16,269 units, up 195 per cent over the same period last year, the company said in a statement. It said total passenger vehicles sales stood at 45,380 units in January 2010, a growth of 76 per cent over the corresponding month last year. Commercial vehicles sales stood at 40,334 units, up 115 per cent. For the ongoing fiscal, total cumulative sales between April 2009 and January 2010 stood at 681,480, up 13 per cent, compared to the corresponding period a year ago. Passenger vehicles sales were down by 0.31 per cent at 359,010 units. Cumulative sales of commercial vehicles were at 322,470 units, a growth of 32 per cent.

Riding on the back of economic growth, easy availability of finance and the continuing fiscal stimulus, the domestic auto industry has posted the highest ever monthly sales in January. The strong growth is both in terms of passenger car volumes and the total vehicle sales. According to Society of Automobile Manufacturers (SIAM) data, the passenger car segment has posted a 32 per cent growth in domestic sales at 145,905 units in January, over the same month last year. The last highest-ever monthly sales in the segment were in March 2009, when it sold 129,358 units. Meanwhile, overall sales across the industry grew 45 per cent at 1,114,157 units. The earlier record of highest ever monthly sales was in October 2006, when the industry had sold 1,017,198 units. Individually, the umbrella passenger vehicle segment posted a 37 per cent growth, while the commercial vehicle (CV) segment grew 131 per cent. Also, the two-wheeler and three-wheeler segments rose 43 and 47 per cent, respectively.

Ruchi Soya Industries has posted 254 per cent increase in net profit at Rs 40.24 crore for the quarter ended December 31, 2009 as compared to Rs 11.38 crore in the corresponding quarter last year.Net sales of the company rose 26.84 per cent from Rs 2,995.35 crore to Rs 3,799.45 crore. Net profit during the first nine months of the current fiscal jumped 57 per cent to Rs 138.64 crore from Rs 88.25 crore in the same quarter of the previous year. Net sales for the nine-month period ended December rose 20.91 per cent .