Kirloskar Oil
Kirloskar Oil Engines Ltd has entered into Memorandum of Understanding (MOU) with Axial Vector Energy Corporation (AVEC), to explore the possibility of co-operation in the Joint Development of Engines Program for mass production of internal combustion engines by using the technology of AVEC and the marketing, engineering and manufacturing expertise of the Company.
Siemens
Siemens Ltd has posted a net profit after tax of Rs 2364.100 million for the quarter ended December 31, 2009 as compared to Rs 3305.804 million for
the quarter ended December 31, 2008. Total Income has increased from Rs 18631.515 million for the quarter ended December 31, 2008 to Rs 18665.930 million for the quarter ended December 31, 2009.
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