Major Indian automobile companies like Tata Motors, Bajaj Auto and Mahindra & Mahindra seem to have put up a robust performance in Q3 FY 10, paying advance tax of Rs 100 crore (Rs 1 billion), Rs 320 crore (Rs 3.2 billion) and Rs 195 crore (Rs 1.95 billion), respectively.
With the market sentiments improving and enhanced focus on domestic market, IT firms have got back to the hiring spree.
The company's net sales, however, declined at Rs 2722.68-crore (Rs 27.22 billion) during Q3 FY 10 as against Rs 2908.87-crore (Rs 29.08 billion) in the same period last year.
The IT giant see flat pricing on its contracts, despite a quite healthy deal pipeline.
Private sector lender HDFC Bank on Friday reported a 31.64 per cent jump in its net profit at Rs 818.50 crore (Rs 8.18 billion) for the third quarter ended December 2009, over the corresponding period a year earlier.
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