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Union Bank of India Q2 net triples to Rs 194 crore

Mumbai, Oct 18 (UNI) Union Bank of India has posted a net profit of Rs 194.16 crore for the quarter ended September 30 this year as compared to Rs 61.10 crore for the corresponding quarter a year ago, a jump of 217.77 per cent.

Announcing the results, the company said its total income has increased from Rs 1,560.44 crore for the quarter ended September 30, 2005 to Rs 1964.13 crore for the quarter ended September 30, 2006.

UNI SN SSS VKG1703

Yahoo logs into vernacular messenger service

New Delhi, Oct 18 (UNI) Leading internet brand Yahoo! India today launched plug-ins for its popular messenger service enabling chatting in local langauges, besides upgraded version of its mail service. The revamped Yahoo! Messenger 8.0 allow users to chat in Hindi and Tamil using a normal English keyboard, search for content in these languages and access other interactive features like audibles. ''This initiative is an effort to localise our communication products and attract the.....

LG unveils high-end refrigerator with in-built TFT LCD TV

New Delhi, Oct 18 (UNI) Moving further towards its target of Rs 10,000 crore turnover by 2007, LG Electronics India (LGEIL) today unveiled refrigerator with in-built 15-inch hi-definition TFT LCD TV and FM radio set, besides nine other models in the DIOS range, for Indian customers. The company is expecting a 35 per cent market share in refrigerator segment, with 40 per cent share in the frost free segment and 30 per cent share.....

ESCL to raise Rs 70 cr through IPO by year-end

New Delhi, Oct 18 (UNI) Telecom/IT and media broadcasting technology service provider Essel Shyam Communication Ltd (ESCL) today said it will raise Rs 70 crore through its initial public offering (IPO) by the end of this year. The company will issue 55 lakh equity shares of Rs 10 each through Book Building process, with premium price of the shares yet to be decided. ''With a view to develop our infrastructure up to the level.....
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