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Corporation Bank Q1 net up 42% at Rs 261 cr
Mangalore-based public sector lender, Corporation Bank, today reported 41.75 per cent rise in its net profit at Rs 261.25 crore for the first quarter ended June 30, 2009 compared to the corresponding quarter last year. Its operating profit for the quarter went up by 77.96 per cent year-on-year to Rs 571.24 crore.

Maruti mulls capacity expansion at Manesar
The country"s largest carmaker, Maruti Suzuki India today said it is considering increasing the production capacity at its Manesar facility, and a decision on this is likely in a day or two.

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Shipping rates see reverse trend for crude, bulk carriers
Freight rates for shipping tankers and bulk carriers have seen a reverse trend in the last three weeks, as the approaching winter increases the demand for crude carriers while the rising inventory of iron ore in China dampens the requirement for the vessels it is carried by.
Public Company

Buddha meets PM

West Bengal Chief Minister Buddhadeb Bhattacharjee on Saturday discussed with Prime Minister Manmohan Singh the law and order including Naxalite violence in the state. Some of the developmental issues also came up for discussion during the 30 minutes meeting Bhattacharjee had with the Prime Minister. - Engaging Pakistan - PM stresses more spending on science & Tech - Economy to grow by little over 7%: PM - Buddha to meet PM, Chidambaram on governor appointment - PM to inaugurate IEA conference at KIIT - Ministers" appraisal soon, may trigger Cabinet rejig Bhattacharjee is in New Delhi to attend CPI-M Politburo meeting.


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