Bajaj Auto Q2 net up 9.75 pc to Rs 317 crore

Wednesday, October 18, 2006, 20:04 [IST]

Mumbai, Oct 18 (UNI) Bajaj Auto Ltd has posted a net profit of Rs 317.59 crore for the quarter ended September 30, 2006 as compared to Rs 289.36 crore for the quarter ended September 30, 2005, an increase of 9.75 per cent.

Announcing the results, the company said its total income (net of excise) has increased from Rs 2003.15 crore for the quarter ended September 30, 2005 to Rs 2578.40 crore for the quarter ended September 30, 2006.

As per the Consolidated results, the Group has posted a income attributable to consolidated group of Rs 286.77 crore for the quarter ended September 30, 2006 as compared to Rs 263.13 crore for the quarter ended September 30, 2005. Net Sales has increased from Rs 1969.57 crore for the quarter ended September 30, 2005 to Rs 2538.86 crore for the quarter ended September 30, 2006.

UNI SN PM VKG1645

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Call rates trade high at range of 6.50-6.70 pc level, bonds subdued

Wednesday, October 18, 2006,20:04 [IST]

Mumbai,Oct 18 (UNI) Call rates ended at 6.75-6.85 per cent (pc), against their previous close of 6.65-6.75 pc, having touched 6.90-7.00% levels during the day, money lender said. Higher demand for funds prompted the overnight funding costs to stay higher throughout the session. Concerns sustained over the dwindling state of liquidity in the system. At the LAF window, RBI accepted 9 bids worth Rs. 1,165 crore at the 1-day reverse repo auction.....

MCX joins FIA as member

Wednesday, October 18, 2006,20:04 [IST]

Mumbai Oct 18 (UNI) MCX (Multi Commodity Exchange of India Ltd) became the first commodity exchange in India to join the elite club of global exchanges by becoming a member of the Futures Industry Association (FIA). Headquartered in Washington D.C., FIA is the only international association with large representative of organisations that have an interest in the futures market. The elite group of FIA members includes benchmark exchanges and clearing organizations such as.....

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Hindalco Q2 net jumps 90.43 pc to Rs 597 cr

Wednesday, October 18, 2006,20:04 [IST]

Mumbai, Oct 18 (UNI) Hindalco Industries Ltd has posted a net profit of Rs 597.6 crore for the quarter ended September 30, 2006, as compared to Rs 313.8 crore for the quarter ended September 30, 2005, an increase of 90.43 per cent. Announcing the results, the company said its total income has increased from Rs 2,752.1 crore for the quarter ended September 30, 2005, to Rs 4,745.0 crore for the quarter ended September 30, 2006......

Sadhvi, three others held in disappearance case

Wednesday, October 18, 2006,20:05 [IST]

Nagpur, Oct 18 (UNI) The police in Amravati today arrested Jain Sadhvi Siddhishri and three others in connection with her mysterious disappearance from the city earlier this week. Amravati Commissioner of Police Jagan Nath said Siddhishri, formerly known as Samata Babulal Khabia (21), had fled to her lover Rajnikant alias Rajjubhai Talwar's (27) residence in Sangli, from where she was brought to the city this morning. Siddhishri, Talwar, Talwar's mother Suman and sister Rupali.....

HC allows election of Exec Committee in Bachchan's Housing Society

Wednesday, October 18, 2006,20:05 [IST]

Mumbai, Oct 18 (UNI) The Bombay High Court today allowed the appointment of an Executive Committee by election for the 60-year-old Vitthal Nagar Co-operative Housing Society where film actors Amitabh Bachchan, Rakesh Roshan, Hrithik Roshan, Danny Denzongpa, and producer Prakash Mehra reside. Justice Dhananjay Chandrachud directed the state to appoint an election officer within two weeks and conduct the election by December 31. The petition was filed by Mr Amarjeet Singh Negi, resident, alleging that.....