Kotak Mahindra splits stock 1:2

Kotak Mahindra splits stock 1:2India's leading bank, Kotak Mahindra Bank has declared its financial results for the fourth quarter of the fiscal year 2009-10 and has managed to register an impressive net profit and revenue for the quarter. The Bank has managed to almost double its net profit this quarter.

The net profit of the firm has been reported to be Rs 203 crore for the quarter ended 31st March, 2010. It was recorded Rs 103 crore in the corresponding period of the preceding fiscal year. As per the sources the bank has managed to produce such a good show as it was being driven by low cost of funds this year.

Bajaj Finserv net profit up by Rs 555 crore

Bajaj Finserv net profit up by Rs 555 croreBajaj Finserv has declared its annual financial results for the year 2010. Its consolidated net profit was found out to be Rs 554.53 crore for the year that ended on 31st March, 2010. It was Rs 71.31 crore for the preceding year. The total income of the company has gone up to Rs 985.41 crore this years.

Bajaj Hindusthan net profit declines by 61%

Bajaj Hindusthan net profit declines by 61%The leading sugar producer of the country, Bajaj Hindusthan has declared its fourth quarter financial results for the fiscal year 2009-10. As per the reports its net profit has declined by 61% in the quarter that ended on 31st March,
2010. The net profit of the company was found out to be Rs 31.79 crore for the quarter as compared the same quarter last year.

Kemrock Industries net profit dips 7.82 per cent

Kemrock IndustriesThe leading exporter of the country Kemrock Industries and Exports has declared its fourth quarter financial results for the fiscal year 2009-10. As per the reports its net profit has declined by 7.82% in the quarter that ended on 31st March, 2010. The net profit of the company was found out to be Rs 11.76 crore for the quarter against the same quarter last year.

Daily Indian Stock Market Outlook: FairWealth Securities

Daily Indian Stock Market Outlook: FairWealth Securities

ZTE To Launch IEC Centre In Capital

ZTE To Launch IEC Centre In CapitalZTE, Telecom equipment maker, announced that its Indian arm has decided to strengthen the facility to set up a new Indian Engineering Centre (IEC) office in the national capital to meet the growing demand for engineering services in India.

According to a statement, the new IEC office act as the main centre for ZTE India's after-sale engineering team comprising managed-services, network establishment, and maintenance of the network for operators.

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