TNM

Audi to have 40 models by 2015; to launch its Q3 SUV in 2011

Audi to have 40 models by 2015; to launch its Q3 SUV in 2011 Audi will literally on a roll over the next few years - what with more than 40 of its models to be in the markets by 2015; and the new models to be lined up for their respective launches, one following the other! By this year-end, 32 Audi models will be available, inclusive of the lately-launched A4 Allroad, A5 and S5 Cabriolet, TTRS and the R8 V10.

Bulls win again, BSE-benchmark Sensex gains 194 pts after negative start

Bombay Stock ExchangeIt was another excellent session as the market ended the wek with a good rally today. The Bombay Stock Exchange 30-share index closed on a strong note for second consecutive day, on significant buying across various sectors.

The BSE Sensex closed higher by 194.06 points at 11,329.05 while NSE Nifty ended up by 57.05 points at 3,480.75. The Sensex touched intraday high of 11,362.88 and intraday low of 11,070.33.

Corporation Bank Q4 net profit jumps 26%; declares dividend of Rs 8 each share

Corporation BankPublic sector lender Corporation Bank on Friday reported a 26.18% surge in its net profit at Rs 260.49 crore for the fourth quarter ender March 31.

The lender had a net profit of Rs 206.43 crore in the March quarter last financial year.

During the fourth quarter of FY’09, the total income of the bank grew to Rs 2,199.64 crore from Rs 1,464.74 crore in the same quarter previous year.

For the financial year ended March 31, Corporation Bank reported a net profit of Rs 892.76 crore, down 21.46 per cent over the year-ago period. The bank had a net profit of Rs 734.98 crore in FY'08.

Piramal Healthcare’s Net Profit dips 13% in Q4

Piramal HealthcarePiramal Healthcare on Friday informed that its consolidated net profit slipped 13.49% to Rs 114.90 crore in the fourth quarter ended 31 March, 2009, over the corresponding period a year ago.

The pharmaceutical firm had posted a net profit of Rs 132.82 crore in the March quarter of FY'08.

However, company’s net sales surged 9.34 per cent at Rs 850.91 crore in the March quarter, against Rs 778.20 crore in the same period last fiscal.

IDBI Bank Q4 net profit surges 28%

IDBI BankState-run IDBI Bank on Friday has reported a 28.02 per cent growth in its net profit for the fourth quarter ended March 31, 2009. The lender’s net profit rose to Rs 3.13 crore, against Rs 2.45 crore in the March quarter of FY'08.

While, lender’s total income surged 41% to Rs 37.34 crore for January-March 2008 from Rs 26.47 crore in the corresponding period a year ago.

During the quarter, IDBI's interest income jumped 45 per cent to Rs 32.62 crore, while interest expenditure stood at Rs 27.80 crore, up 38 per cent over the same period last fiscal.

Kirloskar Oil register 36% surge in its Q4 net profit

Kirloskar Oil EnginesDiesel-engine manufacturer Kirloskar Oil Engines has registered 36% jump in its net profit for the fourth quarter ended March 31, 2009.

The company posted net profit worth Rs 49.05 crore against Rs 36.17 crore in the same quarter ended March, 2008.

However, the total operating income of the company during the quarter, stood at Rs 503.81 crore against Rs 616.61 crore in the previous fiscal.

Pages