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Popular Articles

Infosys set to get K'taka contract on T&D losses
The Rs 380-crore tender is part of the Accelerated Power Development and Reform Programme of the central govt.

Bhupesh Bhandari: Korea's nuclear bomb
Some time in the summer of 1997, LG had thrown a party in Delhi. The Korean chaebol had set up shop in the country and was in a mood to celebrate. It had earlier joined hands with C K Birla but the joint venture fell through even before it could start. Globally, it had gone through a brand makeover from Lucky Goldstar to LG. It was now ready to have a go at India. At the party, K R Kim, the head of LG in India, took a few guests aside and said he knew how to make a nuclear bomb. The nasal voice was little more than a whine. Before anybody could ask how, he called a bearer, mixed whiskey in beer and handed it over to the guests — enjoy the nuclear bomb!

News of the day

Scrap sales up 30% on profit-taking
The sales of used gold, known as scrap gold in commodity parlance, shot up 25-30 per cent on Wednesday as retail investors rushed to cash in on high prices before a correction, which analysts forecast as imminent.
Small Business

Syndicate Bank Q3 net dips 42% to Rs 206 cr

Public sector lender Syndicate Bank today said its net profit declined by 42.27 per cent to Rs 205.72 crore for the third quarter ended December 31, 2009, over the same period last fiscal. - Sona Koyo back in black with PAT at Rs 6.89 cr - JK Cement Q3 net up 62% pc to Rs 46 cr - Oil India posts 23.5% jump in Q3 net at Rs 717 cr - GNFC Q3 profit almost halves to Rs 59 cr - KSK Energy Q3 net loss at Rs 4.91 cr - Tulip Telecom Q3 net up 38% to Rs 69 cr Total income declined to Rs 2,676.94 crore for the latest quarter against Rs 2,758.52 crore for the same period previous fiscal, Syndicate Bank said in a filing to the Bombay Stock Exchange (BSE). For the nine months ended December 31, 2009, the bank posted a net profit of Rs 645.09 crore against Rs 706.18 crore for the same period last fiscal. The bank earned an interest of Rs 2,455.54 crore for the third quarter ended December 31, against Rs 2,532.60 crore for the same period a year ago.


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