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ICICI Bank registered 25% growth in net profit to Rs 7,750.80 million for the first quarter ended June 2007 as against Rs 6,200.1 million in the same quarter of the last year (2006).

The operating income of the India’s biggest private sector lender ascended 50.16% to Rs 75,661.30 million for the quarter from Rs 50,386.30 million in the corresponding quarter, last year.

In comparison, total income for the same period also climbed 46.94% to Rs 92,814.20 million from Rs 63,161.9 million. The earnings per share (EPS) for the same period arose 23.7% to Rs 8.61.

Mumbai: Drug manufacturer Cipla posted a 29.73 percent enhancement in its net earnings at Rs 119.76 crore for the quarter ended June 30 as against Rs 170.43 crore for the same period of the last year.

The company’s total income (net of excise) augmented 4.34 per cent to Rs 920.37 crore for the June quarter against Rs 882.05 crore for the quarter ended June 30, 2006.

At the board meeting, the company’s directors also recommended a dividend of Rs 2 per equity share for the year 2006-2007 amounting to Rs 155.46 crore.

Shares of Cipla last traded at Rs 200.90, down 2.21 per cent on the BSE.

New Delhi: Now Indian-American astronaut Sunita Williams has set her eyes on the Red Planet ‘Mars.’

Sunita, who came back to earth on June 22 after spending 195 days at the International Space Station told that she would love to fly to Mars, if not the moon.

“I would love to go to Mars ... just because it is a different planet,” she told through a videoconference from Houston.

Moscow: India is desperate to get into the profitable construction business, chiefly to build up world-class hotels, in Russia’s Black Sea resort city of Sochi that will host 2014 Winter Olympics.

Indian ambassador Kanwal Sibal allged, “Ahead of the winter Olympics in Sochi we are keen to build world class hotels here and would like to pick local contacts for this.”

Mr. Sibal was speaking at a business gathering during his visit to the Krasnodar Territory in south Russia, which is also called the country’s breadbasket and seaside resort land.

New Delhi: Apparently setting schedule for the forthcoming elective politics

New Delhi: It’s going to be history in the making as UPA-Left candidate Ms.