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Dena Bank announced a rise of 20.67 per cent in its net profit for the first quarter ended on June, 30, 2010. Net profit of the public sector lender stood at Rs. 138.79 crore for the quarter.

The bank had reported a net profit of Rs. 115.02 crore during the corresponding quarter in the previous fiscal.

Total income of the bank surged 8.72 per cent to Rs. 1,221.78 crore from Rs. 1,123.82 crore in the year-ago period, the bank said in a filing to the Bombay Stock Exchange.

Union Bank of India announced a rise of 36.01 per cent in its net profit for the first quarter ended on June, 30, 2010. Reported net profit of the public sector lender remained at Rs. 601.42 crore for the quarter.

The bank had reported a net profit of Rs. 442.19 crore for the same quarter in the previous financial year. Total income of the bank too surged 11.25 per cent to Rs. 4,120.66 crore from Rs. 3704 crore in the year-ago period.

Indian Bank announced a rise of 11 per cent in its net profit for the first quarter ended on June, 30, 2010. Net profit of the public sector lender stood at Rs. 368.15 crore for the quarter.

A whopping 185 per cent increase in provisions and contingencies checked the bank's net profit growth despite a 33 per cent growth in its profit from operations. The bank's operating profit stood at Rs. 837.82 crore for the quarter.

Net interest income of the bank jumped 26 per cent to Rs. 926.65 crore during the quarter, the bank said in a filing to the Bombay Stock Exchange.

As the Jagdish Khattar promoted, Carnation Auto has opened close to 20 auto solutions hubs spread across 13 cities in just 20 months and with plans to continue expanding across the country, the leading multi-brand car solution company has announced the installing of the SAP software.

It is believed that SAP will be able to create a centralized IT system to consolidate data and provide accurate and real-time views of information across the company and its hubs and will help a lot in the better functioning of the company.

According to Union Minister for Civil Aviation Praful Patel, the state-owned airline carrier, Air India that has been in troubles for the past couple of years now is now on a path to recovery.

In fact, the minister also pointed out the fact that the figures for the first quarter of the current year show that there has been a strong rebound by the country's national carrier.

While the minister as addressing a press conference after Air India chairman & managing director Arvind Jadhav and his team made a presentation to the board of directors.

Chunky and Salman have been friends since eternity.