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Normal life paralysed as TRS chief's health deteriorates
Normal life was paralysed for the second consecutive day in Telangana as violent demonstrations rocked the region in support of the Telangana Rashtra Samithi (TRS) president, K Chandrasekhar Rao, whose fast-unto-death entered ninth day on Monday.

Murdoch's News Corp net income rises 11%
Global media giant News Corporation has reported a 11 per cent growth in first quarter net income at $571 million, helped by gains in cable network programming businesses and filmed entertainment segment.

News of the day

Martin Feldstein: Is gold a good hedge?
Martin Feldstein / January 2, 2010, 0:55 IST
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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