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Finolex Cables Q2 net jumps 318 pc

Mumbai, Oct 18 (UNI) Finolex Cables Ltd has posted a net profit of Rs 21.50 crore for the quarter ended September 30, 2006 as compared to Rs 5.14 crore for the quarter ended September 30, 2005, up 318.28 per cent.

Announcing the results, the company said its total income (net of excise) has increased from Rs 172.23 crore for the quarter ended September 30, 2005 to Rs 277.06 crore for the quarter ended September 30, 2006.

UNI SN KU SKB1900

Rupee slips 9 paise, closes at Rs 45.37/ USD

Mumbai, Oct 18: The rupee today closed a low of Rs 45.37 per US dollar as compared to previous 45.27.50 per USD, as the short-covering by national and foreign banks, dealers said.However, there was momentum of the Foreign Institutional Investors (FII) inflow continued, but the rupee could face some pressure due to month end demand.Earlier, the domestic currency opened up at Rs 45.25 per USD and in the mid-morning traded low at Rs 45.38/39 per USD......

Silver, gold decline on weak global advice

Mumbai, Oct 18 (UNI) Spot silver and gold declined on lack of fresh demand and a drop in crude oil ignited selling from speculators, traders at the Bombay Bullion Association today said. Spot silver .999 fineness variety opened low at Rs 18,462 per kg on poor demand. It improved smartly and closed at Rs 18,472 per kg with a loss of Rs 159 from its yesterday's close. There were increased offers by stockists in view.....

Thousands witness Cauvery Teerthobdhava in Karnataka

Mysore, Oct 18 (UNI) The Theerthodbhava ceremony at Talacauvery, the originating place of river Cauvery in neighbouring Kodagu district, occurred early today, amidst chanting of mantras and veda ghoshas by temple priests. The holy event, which occurred at 0234 hrs, was witnessed by thousands of devotees. Thanks to elaborate arrangements made by the district administration, the event passed off peacefully. Devouts, eagerly awaiting the auspicious moment since late last night, thronged around Kundike,.....
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