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PFC Posts 32.22% Increase In Q4 Net Profit; Stock Surges 7%

PFC Posts 32.22% Increase In Q4 Net Profit; Stock Surges 7% State run Power Finance Corporation has declared the results for the three-month period ended March 31, 2009.

For the period under review, the New Delhi-based firm said that it has posted a growth of 32.22% in its net profit after higher loan disbursals.

The company’s net profit in the fourth quarter stood at Rs 390.58 crore, as compared to net profit of Rs 295.40 crore during the corresponding period of the last year.

Filing of nominations gathers momentum across India

Filing of nominations gathers momentum across IndiaRampur/New Delhi, Apr 19 : Senior Bharatiya Janata Party (BJP) leader Mukhtar Abbas Naqvi filed his nomination papers as a candidate from the Rampur constituency of Uttar Pradesh.

"I am incapable of facing them (his opponents on the seat). I am contesting on the faith and strength of the people," he said.

Meanwhile, nominees of the Congress party have entered the fray from two of the seven seats in New Delhi.

Mahabal Mishra asks voters to make Manmohan next PM

Mahabal Mishra asks voters to make Manmohan next PMNew Delhi, April 18:  Congress candidate from West Delhi Mahabal Mishra today assured world-class urban infrastructure in his constituency and sought public support for re-electing Dr Manmohan Singh as Prime Minister in the coming election.

Addressing corner meetings in Baprola village, Jai Vihar, Bakarwala JJ Colony, Kotla Vihar, K S Nagar, Risal Garden, Shiv Vihar JJ Colony, the three-time MLA said provisional certificates issued to unauthorized colonies in West Delhi by the UPA government were aimed at bringing relief to them by providing basic facilities.

Varun Gandhi’s speech worse than what was aired: N. Gopalaswami

 Varun Gandhi’s speech worse than what was aired: N. GopalaswamiNew Delhi, Apr 18 : Two days before demitting the Election Commission office, Chief Election Commissioner N. Gopalaswami on Saturday said that the BJP leader Varun Gandhi's controversial speech was worse than what was aired.

"There is no reason to believe that the tape containing Varun's speech was doctored. His speech was worse than what was aired," Gopalaswami said in an interview with NDTV.

Congress hurt by Lalu’s remarks on Babri demolition: Sibal

Congress hurt by Lalu’s remarks on Babri demolition: SibalNew Delhi/Patna, Apr 18 : Senior Congress leader and Union Minister Kapil Sibal on Saturday reacted sharply and with dismay to Rashtriya Janata Dal (RJD) chief Lalu Prasad's remarks that the Congress was equally responsible for the demolition of the Babri mosque. He said his party was hurt by Yadav's remarks.

Sibal also warned Lalu not to enter into an alliance with former Uttar Pradesh Chief Minister Kalyan Singh, a prime accused in Babri mosque demolition.

109 witnesses to be examined in Mumbai terrorism trial

109 witnesses to be examined in Mumbai terrorism trial New Delhi - A total of 109 witnesses including those from the Federal Bureau of Investigation and foreign experts will be examined to establish the complicity of the Pakistani gunman captured during the Mumbai terrorist attacks, the Indian prosecution said Saturday.

A total of 1,820 witnesses have been cited in the case but only 109 potential witnesses will be examined, public prosecutor Ujwal Nikam informed the special court in Mumbai, the PTI news agency reported.

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