The food processing sector attracted Rs 576 crore of foreign direct investment (FDI) in the first eight months of the fiscal as compared to total FDI

ABB has reported a net profit of Rs 6.8 crore for the quarter ended December 2010, down 94% as compared to Rs 110 crore in same quarter the previous year.

It has posted a forex loss of Rs 21.7 crore versus gain of Rs 1.04 crore on year-on-year basis.

Net sales increased to Rs 2,050 crore from Rs 1,890 crore (YoY).

ABB has won orders worth Rs 1,394 crore as against Rs 2,377 crore (YoY).

Source: http://www.moneycontrol.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd