iPhone 4 will hit the Indian market by Oct

airtel-iphone4After Vodafone Essar declared its plans of rolling out iPhone 4 in India in June this year, this time its Sunil Bharti led telecom service provider company- Bharti Airtel raking the news.

At a recent industry conference of CII, Bharti Airtel, CEO, Sanjay Kapoor announced about the company's plans to launch iPhone 4 in the country by October this year. He also mentioned that the company is closely working with Apple on the same.

Apple iPhone4 is the latest product from the Apple Computers's stable, and is overtaking its other products like its Macintosh computer and iPod.

BMW works on X3 lifestyle vehicle

BMW-X3-VehicleBMW's second-generation X3 lifestyle vehicle that is expected to hit the roads of New Zealand by early next year is claimed to be one of the most sophisticated machine until now.

The car that has a capability of delivering around fuel economy of 5.6 litres/100km (50mpg), the X3 bets high on its improved environmental performance due to a number of features infused in it.

The car comes loaded with features like adjustable Electric Power Steering, Dynamic Stability Control, brake energy generation, Variable Damper Control and a 6.5-inch colour monitor with the latest generation of iDrive.

Jindal Saw Q1 net profit up

Jindal-Saw-LtdLeading Steel pipemaker Jindal Saw Ltd. has announced its first quarter financial results for the fiscal year 2010.

According to the company officials, the net profit of the company has gone up while the margin has declined in this period under review. The company has managed to register an impressive net profit rise of 11%.

The company has posted a net profit of Rs 1.49 billion for the quarter that ended in 30th June, 2010. This has been informed by Jindal Saw in a filing at the Bombay Stock Exchange.  

State Bank of Mysore Q1 net up by 35% to Rs 111 crore

State Bank of Mysore Q1 net up by 35% to Rs 111 croreLeading public sector lender of the country, State Bank of Mysore has announced its first quarter financial results for the fiscal year 2010-11. According to the initial reports it has registered an impressive net profit rise.

The Bank has posted a net profit of Rs 111.39 crore for the quarter that ended in 30th June, 2010. For the first quarter last year the bank has posted a net profit of Rs 82.19 crore.

Aventis Q2 net profit dips 10% to Rs 42 crore

Aventis-PharmaLeading pharmaceutical company Aventis Pharma has announced its second quarter financial results for the fiscal year 2010-11. The company has posted a net profit of Rs 42.4 crore for this quarter.  

As per the company officials there has been a decline of 9.97% in the net profit figure in this quarter under review as compared to the same quarter last year.

So far as the net sales of the firm are concerned, it has gone up to Rs 271.5 crore during the April-June period of fiscal year 2010. It has reported to be Rs 249.9 crore for the same quarter in the previous year.

Rupee striking 6-week low, may tumble further

Rupee striking 6-week low, may tumble furtherOn Tuesday the rupee, stroked a six-week low of 47.385 viz a viz the dollar, which is being considered as its limpest level since June 7 ,2010, and is anticipated to stay under stress until there are sturdy recovery signs at the Western shores.

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