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Nava Bharat Ventures Limited has declared its first quarter financial results for the fiscal year 2010-11. According to the reports the net profit has gone down in the quarter under review. The company has posted a net profit of Rs 105.53 crore during the April-June period of fiscal year 2010.

The net profit of the firm was reported to be Rs 136.37 crore for the same quarter last year. Hence there has been a decline of 22.61% in the net profit figure this time against last year’s record.

On Friday, the futures in the spices went down by 2 per cent. This happened because the traders continued to book profit after there was a rally in the prices.

Last week due to rising demand the prices had gone up but this week it is down since both the domestic as well as international markets have seen a decline.

At 2:18 PM, price of pepper for most active August was at Rs. 20,091 for 100 kgs which means a decline of 1.90 per cent. For the last eight session, the same had seen an increase of around 10 per cent.

Price of spot pepper exports was down by 5 per cent to 4,650 tonnes in April-June 2010 as compared to the last year.

Bajaj Auto Finance has declared its three fold jump in the net profit in the first quarter of the fiscal year 2010. As per the report increased loan disbursal has propelled the net profit of the firm up for the quarter.

Bajaj Auto Finance has posted a net profit of Rs 46.8 crore for the quarter that ended in 30th June, 2010. This net profit figure has grown up by three fold in this quarter as compared to the same quarter in the last fiscal. Bajaj Auto Finance has informed this in a filing at the Bombay Stock Exchange.

Leading private sector lender Kotak Mahindra Bank has announced its first quarter financial results for the fiscal year 2010. The company has posted a net profit of Rs 328 crore during the April-June quarter of fiscal year 2010-11.

This net profit figure has grown up by 27% in this quarter as compared to the same quarter in the last fiscal. This has been informed by Kotak Mahindra Bank in a filing at the Bombay Stock Exchange.

The BSE Sensex might regain once again at its 18,000 stage since the two and a half years, however many of its gears have whichever have been left back whilst few have been missing out in general.

On Thursday, the yardstick clogged at 18,113, its biggest close up since February 15, 2008, when it was swinging at a 18,115 level.

Starting from February 15, 2008 and July 22, 2010, there have been five new entries in to the club of thirty, starting with the list of biggies like Hero Honda, Tata Power, Sterlite Industries, JP Associates and Jindal Steel.

Bharti Airtel shall craft unbolt propose to procure the balance 22 per cent chance in Zambia's important telecom entity, Zain Zambia.

Bharti Airtel flagged by Sunil Mittal grabbed by the African ventures of Kuwait-based Zain in a $10.7 billion-transaction that had concluded in the month of June. As part of the transaction, the firm bought Zain's operations in 15 countries, including Zambia.

Bharti Airtel has by now grabbed a 78 per cent stake in Zain Zambia.