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ICICI Bank posts lower profit on higher taxes
Expects 5-10 per cent loan growth in retail and corporate portfolios in the current fiscal

SBT records 57 % rise in net profit
THIRUVANANTHAPURAM: State Bank of Travancore (SBT) has posted a net profit of Rs. 607.84 crore during 2008-09, the bank’s Managing Director A. K. Jagannathan announced here on Friday. At a press conference, he said the net profit ...

TaurusQuest sets up third centre
CHENNAI: TaurusQuest Services Private Limited, a company engaged in providing outsourced management of business processes with a special focus on accounting services, non-voice back-office processes and software services, is setting up one ...

Other Stories



Barometer


Briefly
State Bank of Bikaner pays Rs. 12 per share
CHENNAI: State Bank of Bikaner & Jaipur has recorded a business (deposits plus advances) growth of Rs. 9.885 crore during 2008-09 to reach a level of Rs. 69,312 crore. The operating profit recorded a growth of 35 per cent to reach Rs. ...

Wockhardt registers net loss
CHENNAI: Pharmaceutical and biotechnology major Wockhardt has reported a 35.4 per cent rise in sales revenue to Rs. 3,593 crore for the year ended December 31, 2008. The operating profit was up 26.5 per cent at Rs. 808 crore. However, the ...

Ranbaxy incurs loss in first quarter
CHENNAI: Ranbaxy Laboratories has reported a decline in net sales at Rs. 1,558.40 crore in the first quarter ended March 31, 2009, against Rs. 1,623,10 crore in the year-ago period. The net loss was Rs. 26.20 crore against a profit of Rs. ...

Repco Home records 74 % growth in profit
CHENNAI: Repco Home Finance (subsidiary of Repco Bank — a Government of India Enterprise) has achieved 57 per cent increase in home loan portfolio and around 74 per cent growth in profitability during the year 2008-09. The net profit ...

Residency Group offers ‘Day Rate’ package
CHENNAI: The Residency group has introduced ‘Day Rate package for the discerning business traveller. The offer is valid till September 30. The salient features are: the room is available for 9 hours, only anytime between 8 a.m. and 8 ...




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