TopNews

The South Indian Bank has posted its 1st Q results of FY08.

The Indian Rupee showed some resilience resuming higher against the US currency in early trade today.

The local currency resumed higher at 40.39/40 a dollar from overnight close of 40.42/43 per dollar but later fell back to 40.41/42 a dollar in late morning deals in quiet trade at the Interbank Foreign Exchange (forex) market.

HDFC Bank declined 1.15% to Rs 1154.70 in afternoon trading in spite of reporting 34.24% increase in net profit in Q1 June 2007.
The quarterly outcomes were declared during the market hours today 10 July 2007.

The scrip hit an intraday high of Rs 1185.95 and an intraday low of Rs 1145.60 during the day. On 28 May 2007, it has had its 52 week high of Rs 1274 and a 52 week low of Rs 693.10 on 19 July 2006.

The world's largest maker of healthcare products – Johnson & Johnson will begin a USD10 b

The Oswal Group flagship firm Vardhman Polytex announced that the company will raise 10 million dollars through the issue of Foreign Currency Convertible Bonds (FCCBs) in overseas market.

Vertex Spinning climbed up 5.51% to Rs 20.10 in afternoon trading after the company declared that Syndicate Bank had finished evaluation of its planned Rs 512 crore cotton spinning project in Maharashtra. The company made the declaration after the trading hours.