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Popular Articles

New looks in entry-level bikes
Beauty is in the eye of the beholder. Automobile manufacturers use this fact to lighten the beholder’s wallet. The application and exploitation of form over function is by no means a recent phenomenon, but using this principle to sell entry-level motorcycles in India has only been observed of late.

Tata Steel erases losses, ends flat
The scrip rebounded into the positive to touch a high of Rs 553 and finally ended flat at Rs 545. The counter clocked volumes of 4.67 million shares as compared to the two-week daily average traded volumes of 2.44 million shares on the BSE. _____________________________________________________

News of the day

'US can't interfere in India's domestic climate actions'
Dismissing the US claims that India"s domestic climate actions can be challenged, top environmentalist R K Pachauri today made it clear there was no power granted to America in the Copenhagen accord for such interference.
Management

Bank of Maharashtra net down 7%

Public sector lender Bank of Maharashtra reported a 7 per cent drop in net profit to Rs 112 crore for the quarter ended December 2009 against Rs 120.6 crore in the year-ago quarter. Net interest income, or the difference between interest earned and interest paid, grew 5 per cent to Rs 361 crore from Rs 343 crore in the December 2008 quarter. - KVB net profit jumps 28% - JK Bank net profit rises 19% - City Union Bank net up 26.55% - Syndicate Bank net dips 42.6% to Rs 205.72 cr - RCom Q3 Net falls 19% to Rs 1,165 cr - Great Offshore Q3 net dips 14% to Rs 49 cr The biggest fall was in other income, which decreased 32 per cent to Rs 113 crore from Rs 166 crore in the corresponding quarter last year. Provisions grew from Rs 35.1 crore in the December 2008 quarter to Rs 46 crore.


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