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Sheikh Hasina leaves Dhaka to attend Basu's funeral
Bangladesh Prime Minister Sheikh Hasina today left for Kolkata along with several Cabinet ministers to attend the funeral of Marxist patriarch Jyoti Basu.

HDFC expects credit growth to exceed 20%
Leading home loans lender HDFC expects its credit growth to exceed 20 per cent in the current fiscal, a top company official said.

News of the day

Sugar industry may engage RLD for resolving cane impasse
The Uttar Pradesh sugar industry, the largest in the country, may engage Ajit Singh-led Rashtriya Lok Dal (RLD) in talks for resolving the cane price impasse, which is delaying the full fledged crushing in the state.
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Avon Corp posts Q1 net at Rs 3.38 cr

The Mumbai-based Avon Corporation has posted first ever quarterly net profit at Rs 3.38 crore in the first quarter of the current fiscal on a turnover of Rs 25.79 crore. - Nalco Q1 net profit plunges 76% to Rs 126 cr - Whirlpool India reports 13% growth in Q1 - TVS Motor Q1 net surges 150% at Rs 18 cr - Moser Baer India Q1 net profit at Rs 2.76 cr - ABB Q2 profit drops 36% to Rs 83 cr - Federal Bank Q1 profit jumps two fold to Rs 136 cr In the last financial year, the company had posted 272.34 per rise in net profit at Rs 7 crore as compared to Rs 1.88 crore in the previous year. Net sales from operations zoomed to Rs 79.59 crore from Rs 49.47 crore.


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