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Edserv bags contract worth Rs 100cr
Education and placement company Edserv Softsystems today said it has bagged an order worth Rs 100 crore from the government for providing training to unemployed and under-employed youth across India.

Eveready PAT at Rs 11.03crore
Eveready Industries India has recorded a profit after tax of Rs 11.03 crore in the third quarter ended December 31, 2009, an increase of 31 per cent over the same period last year on the back of higher sales. Net sales for the quarter stood at Rs 245.96 crore, an increase of 15 per cent. Prices of zinc, a key input material, was higher during the quarter compared to the same period last year, but was compensated by the appreciating rupee during the quarter. Battery and flashlights turnover registered a growth of seven per cent and 24 per cent during the current quarter. An overseas company, Everspark Hong Kong Private Limited has been incorporated by the company for commercial benefits on the company’s sourcing of input materials and goods from China.

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Mahindra Satyam gains 4%
The stock jumped 4.24 per cent to Rs 103.15 after Mahindra Satyam won an IT outsourcing contract from Swedish defence and aerospace firm, Saab.
Business Ideas

KIT: Trends in healthcare

Technopak Advisors / New Delhi December 29, 2009, 0:03 IST Public-private partnerships are on the rise in the Indian healthcare industry. Jan cement sales in high double-digit The government is looking at corporate entities to venture into medical education. This should help in dealing with the demand and supply gap for healthcare professionals. PropCo/OpCo arrangement is a new innovative model in healthcare, where one party owns the property and leases it to another party for operation. The advantage in this system is that the entire business generates profit from the property leased. There has been an exponential rise in the number of people purchasing healthcare insurance. The main reasons for this are the increasing incidence of lifestyle diseases and the rising cost of healthcare. The trend has led to the emergence of third-party administrators which are an interface between insurance companies and consumers. In spite of a temporary slowdown in investments in the healthcare industry, past investments and future studies reveal tremendous potential in the days to come.


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