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Popular Articles

Petronet to buy 1.5 million tonnes of LNG from Australia
Petronet LNG (PLL), India"s largest liquefied natural gas importer, will sign an agreement to buy 1.5 million tonnes of LNG from Australia in August.

Cash discount catches fancy of home buyers
Freebies are no longer catching the fancy of prospective home buyers; instead they are seeking cash discount, as the real estate market shows signs of revival.

News of the day

3G spectrum winners can use it only after June
The ambiguity over availability of 3G (third generation) telecom spectrum would end soon, as the ministry of defence has agreed to release 25 MHz of 3G spectrum before December 8, paving the way for auctioning of all the four slots in every circle simultaneously. But, the successful bidders in the auction would be able to utilise the spectrum only after June 2010, despite the auction process happening on schedule in January.
Corporate

Bank of Maharashtra net up 23% y-o-y

Public sector lender Bank of Maharashtra"s net profit for the July-September quarter stood at Rs 86.68 crore, up 22.86 per cent against Rs 70.55 crore reported over the same period a year back. - LVB Q2 net soars 300% to Rs 45 cr - Lakshmi Vilas net up - Central Bank net jumps 3-fold - UBI Q2 improves markedly - Syndicate Bank net drops 32% to Rs 177 cr - ICICI Bank net up 2.5% The Pune-based bank"s revenues jumped 14.64 per cent during the second quarter this fiscal to Rs 1,302.69 crore as against Rs 1,136.38 crore posted during the same period last year, the bank said in a filing to the Bombay Stock Exchange.


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