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SBI pays Rs 440.07 cr dividend to RBI

Mumbai, Jul 18: State Bank of India's (SBI) Chairman O P Bhatt has handed over a cheque of Rs 440.07 crore to Reserve Bank of India's Governor Dr Y U Reddy, the dividend for the financial year 2005-06 on SBI share held by RBI.

SBI declared a dividend of 140 per cent for the financial year 2005-06 compared to 125 per cent in the previous fiscal year, according to a SBI release issued here today.

UNI

Orissa Govt allots iron ore mines at Keonjar to Adhunik Metaliks

Mumbai, July 18 (UNI) Adhunik Metaliks, flagship company of Kolkata-based Rs 1200 crore Adhunik Group, has received the allotment of iron ore mines at Kulum in Keonjhar District of Orissa valid for a period of 30 years. Briefing newspersons here today, its managing director Manoj Aggarwal said the mines, considered highly rich with content of iron at over 65 per cent, would provide huge benefits to the Company in terms of assured raw material supply at.....

Reliance Capital Q1 net spurs 219 pc to Rs 94.53 crore

Mumbai, July 18 (UNI) Reliance Capital has posted a net profit after tax of Rs 94.53 crore for the quarter ended June 30, 2006 as compared to Rs 29.62 crore for the quarter ended June 30, 2005, a jump of 219.14 per cent. Announcing the results, the Company informed BSE that its total income has increased from Rs 65.59 crore in Q1 FY 05-06 to Rs 132.42 crore for Q1 FY 06-07. As per the Consolidated Results,.....

Sensex suffers straight fall, closes at 10226.78

Mumbai, Jul l8: The BSE sensitive index today suffered a fourth straight fall as Israel-Lebanon war created global geopolitical disturbance and restrained buying by the investors too factored in the whole upset on the sensex.Although, the situation on the Israel-Lebanon border does not signal any signs of spilling into other bordering states, ensuing into a full scale war involving more than two states, it alone would not improve the buying sentiments on the bourses until the war-like situation comes to.....
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