Tata Power Company Ltd informed the BSE that it has posted a net profit (after tax and statutory appropriations) of Rs 141.89 crore for the third quarter ended December 31, 2009 as compared with Rs 101.08 crore in the corresponding quarter in 2008. Total income for the quarter has decreased to Rs 1,611.68 crore from Rs 1,822.87 crore in the year-ago period.
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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