Peres Congratulates Pratibha On Her Victory

Pratibha PatilJerusalem: Israel’s recently appointed President Shimon Peres has complimented freshly elected Indian President Pratibha Patil on her victory.

Peres also stated his country’s desire to fortify bilateral ties with New Delhi.

Peres phoned Ms. Patil last afternoon to congratulate her on becoming the first woman Indian President.

July Print Edition Preview : Fourth Edition for July

This July, as the Indian Stock Markets witness high voumes and higher
Price to Earnings Ratio, our team finds the best picks for you. BSE

India Gets First Female President

New Delhi: Pratibha PatilUPA-Left candidate Pratibha Patil won the presidential election

ICICI Bank Net Jumps 25% On Strong Investment Banking

ICICI BankICICI 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.

Cipla Q1 Profit higher by 29.73%

CiplaMumbai: 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.

Williams Eyes Travel To Red Planet

Sunita WilliamsNew 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.

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