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ICICI Bank Q3 net up 35 pc ICICI Bank Ltd, on Saturday, reported 35 per cent jump in net profit in the third quarter this fiscal at Rs 1,230 crore compared to Rs 910 crore in the year-ago period helped by strong demand for loans. |
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ICICI Securities to divest 15 pc ICICI Securities, the brokerage arm of countrys biggest private bank, on Saturday, decided to offload 15 per cent of its equity by way of an initial public offer and private placement of shares.
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Reliance Power issue price fixed at Rs 450 Reliance Power, which received a tremendous response for its initial public offering (IPO), has fixed the issue price at Rs 450 per share, but it will be offered at Rs 430 to retail investors. |
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ICICI Prudential posts 77% growth ICICI Prudential Life Insurance, on Saturday, announced a growth of 77 per cent to garner a total premium of Rs 7,758 crore for the period April 1 to December 31, 2007.
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FE reserve swells by $5.5 billion India's foreign exchange reserves increased by a US$5.474 billion to US$281.729 billion for the week-ended January 11 led by the Reserve Bank's intervention in the forex market to buy dollars in a bid to check capital inflow.
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New policy to focus on gold mining: Govt |
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Govt paves way for commodity boards posts |
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ITM Expo in Mumbai |
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AT A GLANCE |
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Reliance Anil Dhirubhai Ambani Group (ADAG) Chairman Anil Ambani during a press conference in Mumbai on Saturday. The IPO for
Reliance Power has been subscribed almost 73 times receiving bids for 1,665 crore shares against the 22.8 crore shares on offer, driven by strong response from FIIs and retail investors. AP
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| Market Notes |
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| Gold (Bangalore) (10gm) |
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11,400 |
| Silver (per kg) |
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21,400 |
| Gold (Mum)(10gm) |
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- |
| US dollar * |
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39.50 |
| Pound * |
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78.46 |
| Euro * |
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58.38 |
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| DH Forum |
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| Prez Rule in or out? |
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There are reports that suggest extension of the President's Rule in Karnataka. Is that a right move or should the elections be held sooner?
Readers were invited to express their opinion. Most felt that the polls should be held preferably in April or May, in the interest of democracy so that the BJP may be given a chance to form the government. Some readers said that the elections should be deferred as no party has a majority and another coalition government would be a big mistake. |
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