Moneylife Digital Team 12 January 2010

Times Guaranty Ltd (Rs79)

Promoted by Bennett Coleman & Co, owner of the Times group, Times Guaranty is a defunct finance company. In the March 2008 quarter, it posted revenues of Rs2 lakh and an operating loss of Rs28 lakh. Surprisingly, in the September 2008 quarter, when the economy was reeling, the company posted revenues of Rs92 lakh, and operating profit of  Rs68 lakh. However,...

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