Praj Industries has posted a net profit of Rs 29.15 crore for the quarter ended Dec. 31, 2009 as compared to Rs 47.30 crore for the quarter ended December 31, 2008., a decline of 38.37%.for the quarter ended December 31, 2008. Total Income has decreased 30.74 per cent to Rs 152.30 crore from Rs 219.90 crore in the quarter ended December 31, 2008
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.
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