Union Bank of India’s second quarter (July-September) profit after tax fell 62 percent year-on-year to Rs 208 crore, dented by higher provisions. Net interest income of the bank (the difference between interest earned and interest expended) rose 6 percent Y-o-Y to Rs 1,954 crore in three-month period ended September 2013. Provisions and contingencies jumped 92 […]
The government on Wednesday asked Reliance Industries to give up 81 per cent of its KG-D6 gas block, including five discoveries, as the time allocated for producing from them had expired. “I think the notice (for relinquishment) has gone. If it hasn’t yet gone, it will go today. We plan to send them the notice […]
The benchmark Sensex on Thursday settled at all-time closing high at 21,164.52, notching up a gain of 130.55 points, on heavy buying in bluechips led by consumer durables and banks as attractive earnings triggered a new wave of optimism. The gains came on the back of heavy volumes, amid expiry of monthly derivative contracts. The […]
Mumbai : Bank of India announced a Net Profit of Rs. 622 crore, a growth of 105.96%, for the quarter ended September 30, 2013, as compared to Rs. 302 crore in Q2 FY13. The Operating Profit improves from Rs. 1,854 Crore in September-12 to Rs.2,103 Crore in September-13 (Growth: 13.43%). Net Interest Income improves from […]
Mumbai : Despite further worsening of industrial and inflation scenario,BOB could protect its Net Profit in Q2,FY14 at Rs 1,168.10 crore- The same level as in Q1,FY14.On Y-O-Y basis,However its Net Profit declined by 10.2 % as the intensity of economic slowdown and market volatility increased significantly during this period.The Banks operating profit stood at […]
The BSE benchmark Sensex recovered by 19 points to trade at 21,052.87 in late morning trade on select buying mainly in consumer durables, capital goods, tech and metal sectors in view of last day of futures and options October contract on Thursday. The Sensex resumed lower at 21,000.60 and dropped to 20,991.98 on initial selling […]
Diesel prices should be immediately hiked by Rs 5 per litre, the Kirit Parikh Committee has recommended while favouring reduction of the quota of subsidised LPG to 6 cylinders per household in a year from 9 at present. The panel has recommended Rs 4 per litre increase in kerosene and Rs 250 per cylinder hike […]
The BSE benchmark Sensex on Wednesday surged nearly 105 points to close at all-time high of 21,033.97 on heavy foreign fund inflows in bluechips, amid speculation that the US Fed would maintain its monetary stimulus when they conclude a meeting today. Continuing gains after yesterday’s 359-point rally following the RBI policy, the Sensex shot up […]
The BSE benchmark Sensex sustained at the 21,000 level and was quoted higher by 78.40 points in late morning trade on Wednesday on persistent buying in realty, health care, teck and FMCG sectors on the back of persistent capital inflows coupled with higher global cues. The BSE-30 share index Sensex opened higher at 20,944.14 and […]
Telecom major Bharti Airtel on Wednesday reported a 29 per cent decline in consolidated net profit at Rs 512 crore for the quarter ended 30th September, 2013, mainly on account of increase in finance cost and forex losses due to rupee depreciation. The company had posted a net profit of Rs 721.2 crore for the […]
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2. Top 5 Companies Offering WiFi-Enabled Curtain Motors for Ultimate Control
3. Yoga Therapist Ranjana Chhabra Announces 14-Day Face Yoga Workshop