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| SBI Q2 net dips 2.53 pc at Rs 1184 cr MUMBAI, Oct 28: State Bank of India today said its net profit dipped by 2.53 per cent at Rs 1184.49 crore for the quarter ended September 30, as compared to Rs 1215.36 crore for the same quarter .........more MUMBAI, 0ct 28: Software services provider, Tata Elxsi Ltd today posted 39.22 per cent increase in profit after tax at Rs 11.89 crore for the quarter ended September 30 as compared to Rs 8.54 crore in the .......more GE
approves equity NEW DELHI, Oct 28: Great Eastern Shipping Company Ltd (GE Shipping) today said the company has approved subscribing to ........more Bank of
Baroda Q2 net MUMBAI, Oct 28: Bank of Baroda today posted an 11.30 per cent increase in net profit at Rs 288.36 crore for the quarter ended September 30, as ....more |
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IIFC executes agreement with IL&FS for infrastrucutre projects NEW DELHI, Oct 28: In an attempt to originate and mobilise resources for infrastructure projects on a public private partnership (PPP) basis, India Infrastructure Finance ........more Urad
weakens on lack NEW DELHI, Oct 28: Barring a fall in urad, prices generally ruled steady in the wholesale pulses market today in the absence of any worthwhile buying or selling...........more Non-basmati
rice prices NEW DELHI, Oct 28: In limited deals, non-basmati rice weakened on the wholesale grains market today on sluggish demand against fresh arrival and closed with fresh ......more Saria
eases on NEW DELHI, Oct 28: In restricted activity, saria prices weakened on the wholesale steel and iron market today on reduced offtake amidst slow down in constructions ...........more |
SBI Q2 net dips 2.53 pc at Rs 1184 cr MUMBAI, Oct 28: State Bank of India today said its net profit dipped by 2.53 per cent at Rs 1184.49 crore for the quarter ended September 30, as compared to Rs 1215.36 crore for the same quarter last year. The total income increased 9.69 per cent to Rs 10811.23 crore during the July-September quarter, from Rs 9856.04 crore for the corresponding quarter a year ago, SBI informed the Bombay Stock Exchange. The SBI Group posted a net profit of Rs 1734.45 crore for the second quarter this fiscal, as compared to Rs 1590.75 crore for the same quarter last fiscal. The total income of the group increased to Rs 16255.36 crore for the quarter ended September 30, from Rs 13974.28 crore for the corresponding quarter a year ago. (PTI) |
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MUMBAI, 0ct 28: Software services provider, Tata Elxsi Ltd today posted 39.22 per cent increase in profit after tax at Rs 11.89 crore for the quarter ended September 30 as compared to Rs 8.54 crore in the corresponding quarter in 2005-06. The total income increased 33.83 per cent to Rs 75.12 crore for the quarter ended September 30 as compared to Rs 56.13 crore in the same quarter last year, the company informed the Bombay Stock Exchange. (PTI) |
GE approves
equity subscriptions worth NEW DELHI, Oct 28: Great Eastern Shipping Company Ltd (GE Shipping) today said the company has approved subscribing to the equity of its wholly owned subsidiary, Greatship (India) Ltd to the extent of Rs 250 crore. The Board of Directors of the company at its meeting held yesterday decided the aforesaid funds will be utilised by Greatship financing its assets acquisition programme. The company had recently announced that Greatship (India), has contracted to buy four 80T anchor handling tug cum supply vessels (AHTSV) being built by Labroy Shipbuilding and Engineering, Singapore. According to the media reports, the company also plans to spend 506 million dollars by December 2009 on fleet expansion. (UNI) |
Bank of Baroda Q2 net up 11 pc at Rs 288 cr MUMBAI, Oct 28: Bank of Baroda today posted an 11.30 per cent increase in net profit at Rs 288.36 crore for the quarter ended September 30, as compared to Rs 259.07 crore for the same quarter last year. The total income grew 25.15 per cent to Rs 2507.66 crore for the second quarter ended September 30, from Rs 2003.59 crore for the corresponding quarter last year, the bank informed the Bombay Stock Exchange. (PTI) |
IIFC executes agreement with NEW DELHI, Oct 28: In an attempt to originate and mobilise resources for infrastructure projects on a public private partnership (PPP) basis, India Infrastructure Finance Company of India Ltd (IIFC) executed an agreement with Infrastructure Leasing and Financial Services Ltd (IL and FS). The agreement signed yesterday constitutes one more step taken by the IIFC to augment the institutional capacity for the accelerated development, implementation and financing of the infrastructure projects. The IIFC expects to support other institutions on a similar basis as part of its on-going efforts to develop the necessary institutional capacities to develop the country's infrastructure. The IIFC was established in Januaary 2006 as a wholly owned subsidiary of the Government of India to act as the apex financing institution for the infrastructure sector. Since its inception, IIFC has sanctioned over Rs 5000 crore of debt funding to the infrastructure sector either directly to infrastructure projects or through innovative financing arrangements to support the participation of banks and financial institutions in infrastructure projects. The sector currrently being actively supported by the IIFC includes power, ports, airports, urban infrastrucutre, water and tourism. In all cases the focus is on leveraging budgetary resources and in supporting banks and financing institutions to participate in such projects in the power sector. For instance IIFC has enabled the debt funding in 400 MW of power projects currently being developed by a number of state governments and IL and FS by leading a consortium of banks and financial institutions to participate in this efforts through an innovative financial arrangements. (UNI) |
Urad weakens on lack of buying support NEW DELHI, Oct 28: Barring a fall in urad, prices generally ruled steady in the wholesale pulses market today in the absence of any worthwhile buying or selling. Arrivals and offtake too remained at a low ebb and volume of business poor. Traders said fresh arrivals in the face of reduced offtake by stockists mainly brought down urad prices. Urad Maharastra and Rangoon were quoted lower at Rs 3350-3550 and Rs 3425-3500 against last close of Rs 3375-3550 and Rs 3475-3500 a quintal respectively. Following were today's quotations (in quintal): Urad Maharashtra 3350-3550, Rangoon 3425-3500, Urad chilka (local) 4900-5000, best 5200-5300, dhoya local 5400-5600, best 5800-6400, Moong Maharashtra 2525-2575,Moong (old) 1800-1925, UP\Bihar 2800-3025, Rajasthan 3250-3400,dal moong chilka 4100-4400, best 4500-4900, moong dhoya local 4500-4600, best quality 4800-5100, masoor small 2200-2300, bold 1850-1875, dal masoor local 2200-2300, best quality 2400-2500, Malka local 2200-2300, best 2400-2600, Moth 2750-2775, Moth dagi 2750-2775, best 2650-2700, dal moth 3100-3250, Arhar Maharashtra 1950-2000, (Karnataka) 2025-2100, Rangoon 1800-1900, dal arhar dara 2700-2800 and patka 2900-2950. Gram 3350-3460, gram dal (local) 3600-3675, best quality 3750-3875, besin (35 kg) shakti bhog 1570, rajdhani 1570, Rajmah chitra Pune 4150-4800, China 4950-5000, red 3425-3450, kabli gram small 3350-3400, dabra 2780-2980, imported 4600-4700, lobia 3200-3500, peas white 1600-1625 and green 1600-1650. (PTI) |
Non-basmati rice prices slip in thin trade NEW DELHI, Oct 28: In limited deals, non-basmati rice weakened on the wholesale grains market today on sluggish demand against fresh arrival and closed with fresh losses. However, other commodities continued to move in a tight range on some deals. Traders said sluggish demand against fresh arrival mainly pulled down rice permal prices. In the rice section, permal wand and sela prices eased to Rs 1180-1250 and Rs 1185-1250 against last closing of Rs 1195-1265 and Rs 1200-1265 a quintal respectively. Following were today's quotations per quintal: Wheat MP (deshi) 1550-1750, wheat dara (for mills) 1075-1077, chakki atta (delivery) 1078-1080, Chakki atta Rajdhani (10 kgs) 140, shakti bhog (10 kgs) 140, roller flour mill 1035-1045, maida 1180-1190 (90 kilos) and sooji 1280-1290 (90 kgs). Rice basmati (lal quila) 4400, Shri Lal Mahal 4600, Basmati common 2800-2900, Permal raw new 1060-1085, old 900-930, permal wand 1180-1250, sela 1185-1250 and rice IR-8 975-1000, Bajra 628-630, Jowar 700-720 (yellow), Maize 710-720 Barley (UP) 790-800 and Rajasthan 645-655. (PTI) |
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Saria eases on reduced offtake NEW DELHI, Oct 28: In restricted activity, saria prices weakened on the wholesale steel and iron market today on reduced offtake amidst slow down in constructions activity and closed with losses. Elsewhere, other steel prices moved in a tight range on some deals and settled around previous levels. Marketmen said reduced offtake in the face of slow down in constructions activity helped saria prices to soften. In the saria section, Amba 8-mm,10-mm and 12-mm were quoted lower at Rs 27,400, Rs.27,000 and Rs.26,000 per tone respectively. 16-20-mm and 25-mm followed suit and traded weak at Rs.26,800 and Rs,26,900 per tone respectively. Following were today's quotations per tonne: CTD saria (kamdhenu) 8-mm, 28,850, 10-mm, 28,200, 12-mm 27,750, 16-20 mm 28,850 and 25-mm Rs 28,750. Rathi tor steel : 8-mm 28,800, 10-mm 28,200, 12-mm 27,450, 16-20 mm 27,900 and 25-32 mm 28,000. Saria Jai bharat (iso 9002) 8-mm 27,500, 10 mm 27,100 12-mm 26,500, 16 to 25 mm 26,900-27,000. Amba saria (iso-9002) 8-mm 27,400, 10-mm 27,000, 12-mm 26,000, 16-20-mm 26,800, 25-mm 26,900. Amba shakti: (TMT) 8mm 28,300, 10 mm 27,400, 12 mm 26,700, 16 to 25 mm 27,000-27,100. M S Angle: (50x5) (50x6) 25,300, (25x3) (32x3) (40x3) 26,300, (40x5) (40x60) 25,400. Angle capital (ISI) (50X5) (50X6) 25,600, (40X5) (40x6) 25,700, (35X5) (65X6) 25,600-25,700. Girder (joist) (150x75) 26,500 (175x85) 26,700 (200x100) 23,500 (125x70) 26,800. T-IRON (40X5) (40X6)(50X6) 22,400. Ingot and Scrap: Mill heavy 16,100-16,200 Turning boring 14,850-14,950, Cast Iron 16,400-16,500, Motor parts 13,300-13,400, Rail re-rolling 15,200-15,300 and ingot Bhivari 17,900. (PTI) |
Select edible down on stockists selling NEW DELHI, Oct 28: Weak conditions prevailed in the wholesale oils and oilseeds market today with select prices declining on stockists selling against sluggish demand and ended negative zone. Traders said apart from stockists selling, slow down in buying by millers led to a fall in edible oil prices. They said outside advices were also not encouraging. In edible oil section, cottonseed mill delivery oil shed Rs 10 at Rs 4060 per quintal while sesame mill delivery oil lost Rs 20 at Rs 4530 a quintal. Soyabean refined mill delivery and soybean degum (delhi) oils shed rs 20 each at Rs 4280 and Rs 4160 per quintal respectively. Following were today's quotations per quintal: Oilseeds: Mustardseed 1500-1730, sunflower 950-990, Cottonseed 750-900, groundnut 1760-1910 and sesame white 2,150-2,450. Vanaspati ghee (15 litres tin) 705-815. Edible oils: Groundnut mill delivery 5,030, Groundnut Solvent refined (per tin) 910-920, Mustard Expeller 4180, Mustard Pakki ghani (per tin) 660-690, Mustard kachi ghani (per tin) 725-850, Sunflower 4,000, Sesame mill delivery 4,550, Soyabean Refined mill delivery 4,280, Soyabean degum (Delhi) 4160, Crude Palm Oil (Ex-kandla) 3,380, Cottonseed mill delivery 4,070, palmoline (RBD) 4,400, Rice bran (phy) 3600 and coconut (per tin) 920-930. Non-edible oils: linseed 4100 Mahuwa 3850, castor 3875-3900, Neem 2720-2770, Rice bran 2700-2750 and palm fatty 3000-3100. Oil cakes: groundnut dehusk 770-820, Sesame 900-1100, Mustard 670-680 and Cottonseed 725-825. (PTI) |
Prices rule steady in thin trading NEW DELHI, Oct 28: There was not much activity in the wholesale chemical market today with prices after moving in a tight range close around previous levels. Arrivals and offtake too remained negligible and volume of business was small. Traders said negligible enquiries from consuming industries mainly kept prices unchanged. Following were today's quotations: Ammonia bicarb (25 kg) 325 Ammonium chloride (50 kg) 760-1250, acetic acid (1 kg) 42, boric acid technical (50 kg) 2,850-3,000, borex granular (50 kg) 1250-1400. Caustic soda flake (50 kg) 1,350 citric acid (50 kg) (China) 2,500-2,700 citric acid deshi (50 kg) 2,600-3,000, camphor slab (1 kg) 185-195, camphor powder (1 kg) 170, glycerine (1 kg) 57-59, hexamine (1 kg) 60, hydrogen peroxide (1 kg) 31-32, mercury (34.5 kg) 34,000, menthol bold crystal (per kg) 880, menthol flake (1 kg) 825 nd Mentha oil (1 kg) 675. Paraffin wax (50 kg)Iran 2600-2700 paraffin wax (50 kg)China 3050-3250 paraffin wax (50 kg) indian 3225 press wax (p tonne) 14,000 residue wax (p tonne) 25,000 soda ash (50 kg) (tata) 760 soda ash (50 kg) (dcw) 750 soda ash (50 kg) (gujarat) 750 soda ash (50 kg) (birla) 750 Sodium Nitrite (50 kg) 1350-1400 Sodium silicate (Qtl) 1000-1100 stable bleaching powder (shriram) (25 kg) 315 stable bleaching powder (chambal) 305 stable bleaching powder (modi) 320 tartaric acid france (1 kg) 382 thymol (1 kg) 600 titanium dioxide (ttk) (1 kg) 87 titanium dioxide (k-brand) (1 kg) 85 titanium dioxide (china) (1 kg) 80 titanium dioxide (TR-92) 130 titanium dioxide (rc-822) (1 kg) 130 oxalic acid (pcpl-red) 50 kg 2100 oxalic acid (pcpl-blue)50 kg 1725 Zinc oxide (kg) 125 (PTI) Cashew kernel prices down on sluggish demand NEW DELHI, Oct 28: In restricted activity, Cashew kernel varities weakened in the wholesale dry fruit market today due to sluggish demand coupled with subdued advices from producing centres and closed with losses. Elsewhere, other dry fruit prices remained quiet in limited deals. Marketmen said sluggish demand along with weak advices from southern region mainly helped cashew prices to move down. Cashew kernel No 180, 210 and 310 declined to Rs 480-500, Rs 360-400 and Rs 250-200 from previous level of Rs 485-525, Rs 380-420 and Rs 255-270 per kilo respectively. Its broken 2, 4 and 8 pieces also followed suit and slipped at Rs 162-195, rs 157-190 and Rs 150-170 instead of Rs 165-205, Rs 160-195 and Rs 160-175 a kilo respectively. Following were today's quotations per 40 kgs bag: Almond (California)new 10,000, Almond (gurbandi) 6,000 Almond (girdhi) 3,650, Almond kernel (california) 371-373, Almond kernel (gurbandi) (kg) 400-430 and Abjosh Afghani 6,000-12,000. Chilgoza raw (1 kg) 350 chilgoza (roasted) (1 kg) 1180-1250 cashew kernel 1 kg (no 180) 480-500 cashew kernel (no 210) 360-400 cashew kernel no.(240) 330-340 cashew kernel (no 320) 250-270 cashew kernel broken 2 pieces 162-195 cashew kernel broken 4 pieces 157-190 cashew kernel broken 8 pieces 150-170 copra (qtl) 5,500-5,700 coconut powder (25 kg) 8,50-1,650 dry dates red (qtl) 2,300-4,800 fig 5,000-10,000 kishmish kandhari local 4,800-5,000 kishmish kandhari special 10,000-12,000 kiahmiah indian yellow 2200-3500 kishmish indian green 3,200-6,000 pistachio Irani 500-515 pistachio Hairati 475-525 pistachio Peshwari 500-550 pistachio dodi (roasted) 410 walnut new 100-150 walnut kernel new (1kg) 250-350. (PTI) |
Select base metals up on fresh demand, global cue NEW DELHI, Oct 28: Select base metal prices firmed in the wholesale non-ferrous metal market today on fresh buying by consuming industries amidst higher trend at London Metal Exchange and closed in positive zone. Traders said overnight firming trend at London Metal Exchange (LME) and fresh industrial demand mainly led to rise in base metal prices. Tin ingot and solder quoted higher at Rs 540 and Rs.160 against last close of Rs 535 and Rs 157 per kilo respectively Nickel plate 4x4, 9x9 and 4x24 recovered by Rs.10 each at Rs.1910-2010, Rs.1920 and Rs.1920-1940 per kilo respectively. Zinc slab and dross followed suit and enquired higher at Rs 215 and Rs 135 per kilo respectively. Following were today's quotations per kilo: Tin ingot 540, solder (40 per cent) 160, Nickle plate (4x4) 1910-2010, Nickel (9x9) 1920 Nickel (4x24) 1920-1940, zinc slab 215.00, dross 135, cadmium plate 176, Rod 153-156, antimony (china) 260, gun metal scrap 155, Bell metal scrap 150, copper wire scrap 350, copper super d rod 383, copper wire bar 382, copper mixed scrap 333, C.C rod 373, Utensil scrap 95, Mixed scrap 325, Chadripital 145, brass sheet cutting 105.50, bullet scrap 97, bharat scrap 208, accessories scrap 209, brass boring 77-78, brass radiator scrap 82 and huny scrap 97.50. Lead ingot deshi soft 56, hard 61.00, Lead imported 65-75, ingot 105, Aluminium rod 140, sheet cutting 125, aluminium wire scrap 127 and Aluminium utensils scrap 118. (PTI) |
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