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SBI net up 78.55%, margin squeezed
State Bank India (SBI) on Saturday announced a 78.55 per cent jump in the net profit for the first quarter ended June 30, 2007 at Rs 1,425.81 crore as compared to Rs 798.57 crore in the corresponding quarter of the previous fiscal. |
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ITC to pump in Rs 8,000 cr for expansion
In a major decision to strengthen the hospitality business, ITC Ltd has proposed to line up a staggering Rs 8,000 crore in the next seven years to build six super quality hotels including the countrys largest luxury hotel in Chennai. |
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RIL net up 28 per cent to Rs 3,264 cr
Mukesh Ambani Groups flagship company, Reliance Industries Ltd (RIL) on Saturday reported a 28 per cent jump in its net profit at Rs 3,264 crore for the quarter ended June 30, 2007 as compared with Rs 2547 crore for the same quarter in the previous fiscal. |
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Puravankara IPO price band at Rs 500 to Rs 525
At least 60 per cent of the Issue will be allocated on a proportionate basis to Qualified Institutional Buyers (QIB), out of which five per cent shall be available for allocation on a proportionate basis to Mutual Funds only. |
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Bajaj, Renault confirm early talks
French Car maker Renault and Indias two wheeler major Bajaj Auto on Saturday confirmed that they were in talks for exploring joint business opportunities. |
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Service tax collection to touch Rs 50,200 cr |
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Tea exports may dwindle |
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Chairman of Kingfisher Airlines Vijay Mallya poses with the crew of A321 aircraft after the launch of new fleet of Air India at Air Force Station, in New Delhi on Saturday. PTI
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| Market Notes |
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| Gold (Bangalore) (10gm) |
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8,928 |
| Silver (per kg) |
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18,200 |
| Gold (Mum)(10gm) |
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- |
| US dollar * |
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40.70 |
| Pound * |
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84.06 |
| Euro * |
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56.40 |
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| DH Forum |
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| Will the ban work? |
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The government has taken a decision to ban smoking in work places, and also in homes if the maids object. Is it possible to implement the ban?
We invite our readers to, in about 200 words. Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001 or e-mail:
editordh@deccanherald.co.in latest by 2 pm on Saturday.
A selection of responses will be published in Sunday’s edition.
Photographs are welcome. |
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