24.02.2009 - India: Global commodity-linked firms hit hard
From Business-standard.com: The poor performance of the corporate sector in the current financial year is reflected in the fact that the number of sectors posting net losses has more than doubled quarter-on-quarter -- from seven in the first quarter to 15 in second to 37 in the third quarter. Of the 124 sectors classified by the Business Standard Research Bureau, only 80 reported net profits in the first three quarters of the previous as well as this financial year..... Full Article: Source
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