A decline by 64% in the net profit of Kotak Mahindra Bank to Rs 130.9 crore for the quarter ended December 2008 compared to the year-ago period was reported by the bank today.
Due to weak liquidity and lower advances, the quarter registered fall in the total income of the bank. Total income fell by 32.14 per cent to Rs 1,684.75 crore during the quarter under consideration, from Rs 2,482.72 crore in the same period.
It was recently informed by India's largest listed company, Reliance Industries Ltd that the company's quarterly earnings sank by 9.8%, which is its first drop in three years. However, the forecasts have been beaten by the company as refining margin eased less than expected.
It is being hoped by Reliance, which is India's largest petrochemical producer and refiner that the good times for the company will commence in the second half of February when it will start generating 30-40 million cubic metres of natural gas a day from its deep-sea fields off India's east coast.
Recently, the announcement of eScan 10, antivirus, content security and firewall software was made by MicroWorld.
GUI has been simplified in eScan 10 that will now make it easier to operate for a novice user too. Furthermore, eScan 10 also provides multi-level protection with advanced configuration control apart from featuring real time network activity monitor making use of a TCP viewer utility.
The parts of south India, on the eastern coast, northeast, Andaman and Nicobar Islands and Lakshadeep will experience a partial solar eclipse on 26th January, which would be a sight for all the skygazers.
It was reveled by the sources in the Positional Astronomy Centre on Wednesday that the southern Africa, northwestern Antarctica, Australia and Southeast Asia are the parts from where this eclipse would be visible.
As far as the duration is concerned, this annular eclipse would vary between 90 minutes to two hours.
Software firm MindTree Ltd expects improvement in its operating margin for the financial year 2009 and revised its earnings guidance forecasts. The company said, "Members of the investor community have drawn attention to this. We have taken a fresh look at our EBITDA guidance and updated our estimates."
Stock price of the Vijay Mallya-promoted United Spirits witnessed steep decline of 30 per cent in the recent trading at Bombay Stock Exchange. The development came a day after the company announced its financial results for third quarter ended December 31, 08.
The company posted 65.29% decline in its net profit that adversely hit investor's confidence in the volatile market. Experts believe that its revenue may further drop amid tough conditions of financial market.
A decline by 64% in the net profit of Kotak Mahindra Bank to Rs 130.9 crore for the quarter ended December 2008 compared to the year-ago period was reported by the bank today. 
It was recently informed by India's largest listed company, Reliance Industries Ltd that the company's quarterly earnings sank by 9.8%, which is its first drop in three years. However, the forecasts have been beaten by the company as refining margin eased less than expected. 
Recently, the announcement of eScan 10, antivirus, content security and firewall software was made by MicroWorld. 
The parts of south India, on the eastern coast, northeast, Andaman and Nicobar Islands and Lakshadeep will experience a partial solar eclipse on 26th January, which would be a sight for all the skygazers. 
Software firm MindTree Ltd expects improvement in its operating margin for the financial year 2009 and revised its earnings guidance forecasts. The company said, "Members of the investor community have drawn attention to this. We have taken a fresh look at our EBITDA guidance and updated our estimates."
Stock price of the Vijay Mallya-promoted United Spirits witnessed steep decline of 30 per cent in the recent trading at Bombay Stock Exchange. The development came a day after the company announced its financial results for third quarter ended December 31, 08. 
