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New castrol bikezone service centre opens

Visakhapatnam, Oct 18 (UNI) The Andhra Pradesh Deputy Transport Commissioner S Venkateswara Rao and Indian Overseas Bank Chief Regional Manager M N Krishanan jointly inaugurated the Castrol Bikezone Servicing Centre for motorcycles here today.

Castrol Bikezone business head Parinjay said castrol bike zone provides diagnosis of all motorcycle problems and servicing with the help of advanced technology.

The customers would be allowed to select the service menu of their choice. It was a concept first launched in India in August 2004 and being rolled out throughout the country after its successful testing in Bangalore and Chennai. Currently there were 44 castrol bikezones centres in the country, he added.

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Bajaj Auto Q2 net up 9.75 pc to Rs 317 crore

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.....

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

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

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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