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Century Textiles, TTML, Glenmark Pharma, MRF Q1 result
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IOC shows Rs 284 cr Q2 profit on cheaper crude, drop in losses
Riding on lower crude oil prices and a reduced under-recovery, Indian Oil Corporation (IOC), the country’s largest oil marketing company, has reported a net profit of Rs 284 crore for the quarter ended September 30, compared to a loss of Rs 7,047 crore in the corresponding quarter last year. Net sales, however, declined 18.7 per cent to Rs 60,392 crore on account of lower prices of petroleum products.

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Regional rural bank staff for more autonomy in opening branches
The All India Regional Rural Bank Employees Association wants regional rural banks to have a greater autonomy in opening branches in the rural areas, and hence in the process of financial inclusion.
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Ricky Ponting quits T20

Australia captain Ricky Ponting quit Twenty20 Internationals today, hoping the decision would prolong his career in other formats of the game. - Dhoni world"s top earning cricketer: Forbes - Adidas forays into cricket equipment - K Sera Sera to bid for IPL team - Keeping the score ticking - Ex-ICL players allowed to play in IPL 3 - BCCI allows ex-ICL players to play in IPL 3 Ponting said he would no more feature in Twenty20 Internationals but would complete his contracts with the Kolkata Knight Riders in the Indian Premier League. "After much thought and careful consideration I have advised Cricket Australia of my decision to retire from international Twenty20 cricket," Ponting said. "I have also spoken to (chief selector) Andrew Hilditch, (coach) Tim Nielsen and (vice captain) Michael Clarke and I feel this decision provides me the opportunity to prolong my Australian Test and one-day career, an opportunity I am extremely determined about," he said. "As I said after the fifth Test in London, I am hoping to continue playing Test cricket for as long as possible and retiring from the Twenty20 format gives me the best chance of doing this. "I will now have set periods of rest throughout the Australian summer and while touring which I feel will be very beneficial," said Ponting, who returned home after losing the Ashes to England. Earlier this year, Pakistan captain Younus Khan had also quit Twenty20 Internationals after guiding his team to the World Cup glory.


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