TCS RESULTS

Profit increased from 2415 crore to 2623 crore QoQ, results are above expectations, Income increased from 10157 crore 10797 crose, operating margin reduced from 28.3% to 26.1%

Reliance is going to open first cash and carry store

Reliance is going to open first cash and carry store in Ahamdabad, store will become operational from october month

Reliance Power 8000 mw of power projects in Madhya Pradesh are on schedule

Reliance Power 8000 mw of power projects in Madhya Pradesh are on schedule. The company is proceeding ahead with the implementation of its projects as per schedule.

New Shares included in F&O Segment

Shares of Arvind, BF Utilities, Gitanjali Gems, JSW Energy, Jubilant Foodworks, South Indian Bank, TTK Prestige and VIP will be included in F&O segment.

SJVN Results

SJVN reported net profit of Rs 34.82 crore for quarter ended June 2011 against Rs 29.07 crore in the same quarter a year ago. Net sales were at Rs 55.35 crore as compared to 52.49 crore in the corresponding quarter last fiscal.

Repro India Results

Repro India reported net profit of Rs 8.69 crore for quarter ended June 2011 against Rs 2.93 crore in the same period a year ago. Net sales rose to Rs 71.43 crore as compared to 59.49 crore in the corresponding quarter last fiscal

Sonata Software’s Results

Sonata Software’s net profit slipped to Rs 11.89 crore for the quarter ended June 2011 against Rs 14.86 crore in the corresponding quarter a year ago. Total operating income was at Rs 62.42 crore as compared to Rs 62.95 crore.

3 Bomb blasts in Mumbai gives a Deep shock to India again

Terror struck Mumbai once once more on Wednesday when 3 bomb blasts rocked some of the most crowded places of the town killing at least twenty one individuals and injuring 113 others. the primary blast occurred at 6:54 PM at south Mumbai's crowded Zaveri Bazaar and inside many minutes Opera House and Dadar, too, were hit by powerful explosions.

The explosion at Opera House, described by Maharashtra Chief Minister Prithiviraj Chavan as a "high intensity blast", occurred at 6:55 PM and was followed by the one at Dadar (7:05 PM). The blast in Zaveri Bazar occurred at Khao Gali whereas a motorbike was used to trigger the explosion close to the two-storey JK Building at Tata Road No. one in Opera House. The blast at Kabootar Khana in Dadar occurred during a Maruti Esteem automobile. Sources have told CNN-IBN that terror cluster Indian Mujahideen is that the prime suspect within the blasts.

The injured are rushed to JJ Hospital, GT Hospital, KEM Hospital and St George's Hospital. Wednesday blasts occurred simply 2 days when the fifth anniversary of the Mumbai serial train blasts on July eleven, 2006 within which a minimum of 186 individuals were killed. The blasts conjointly evoked horrific recollections of serial blasts within the past as each Dadar and Zaveri Bazar are targeted earlier too. However, Mumbai Police Commissioner Arup Patnaik claimed that he wasn't during a position to mention who distributed the blasts. Patnaik conjointly said that he couldn't say whether or not the arrest of 2 Indian Mujahideen terrorists was in anyway connected with the blast. Two suspected Indian Mujahideen (IM) members Mohammed Mobin Abdul Shakoor Khan alias Irfan (32) and his cousin Ayub Raja Amin Shaikh (28) were arrested by the Maharashtra Anti-Terrorism Squad on July half dozen in Mumbai. According to an eyewitness a hearth that broke out in Zaveri Bazar following the blasts has been brought below management. A Border Security Force plane carrying NSG personnel, forensic specialists and senior NIA officers reached Mumbai from New Delhi.

Kannur Airport to be operational by 2014

The first Greenfield International Airport developing with personal participation at Kannur in Kerala is predicted to be operational by 2014, a senior minister said these days.The airport can return up at an estimated valueof Rs 1130 crore, with a paid up capital of Rs 500 crore and funds raised through loans Rs 630 crore, Kerala Ports and Excise Minister K Babu said within the Assembly in reply to a submission on the topic.

Orchid Chemicals gets USFDA nod for anti-depression capsule

Drug firm Orchid Chemicals & Pharmaceuticals today said it has received final approval from the US health regulator for its generic Venlafaxine capsules, used in the treatment of depression

Gold hits new highs again

Spot gold hit a record high above USD 1,594 , buoyed by a sharp drop in the dollar after Moody's warned the US may lose its top credit rating, the possibility of more Federal Reserve stimulus and Europe's deepening debt crisis.

TCS is expected to report 5.7% fall in profit after tax

TCS is expected to report 5.7% fall in profit after tax of Rs 2,264 crore in quarter ended June 2011 (QoQ)

PFC plans to disburse loans for Rs 35K cr in FY12

PFC plans to disburse loans for Rs 35K cr in FY12, also in talks with NPCIL for lending Rs 12K cr to setup two nuclear plants (Business Standard)

South Indian Bank results

South Indian Bank reports Q1 net profit at Rs 82.5 cr versus Rs 58.4 cr and NII at Rs 210 cr versus Rs 140 cr

Bajaj Auto reports 20.5% rise in profit after tax of Rs 711 crore for quarter ended June 2011

Bajaj Auto reports 20.5% rise in profit after tax of Rs 711 crore for quarter ended June 2011 YoY