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  • New US, China tariffs set to take effect, no compromise in sight
  • Opposition leader Solih says he has won Maldives election
  • Cuba's new president makes first trip to old Cold War foe United States
  • Opp Presidential candidate Solih wins Maldives polls: Reports
  • Maldives opposition candidate says he has won presidential election
  • Asia Cup : Rohit, Dhawan guide India to victory
Business Economy Share

Bank of India Q2 net profit up by 41 per cent

Mumbai, Nov 10 (UNI) Public lender Bank of India on Friday said its
net profit for the second quarter ended September 30 this year was
at Rs 179.07 crore, up by 41 per cent over against the net profit of
Rs 126.84 crore during the corresponding quarter a year ago.
Net interest income (NII) or the core income a bank earns by giving
loans increased 7 per cent to Rs 2,908.24 crore, as against Rs
2,719.74 crore last year.
Other income declined 15.1 per cent to Rs 1,706.38 crore from Rs
2,010.63 crore during the same period last year.
Provisions and contingencies fell 15 per cent to Rs 1,953.30 crore
from Rs 2,296.22 crore a year ago.
UNI JM SS SM SHK 2329
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Walmart-Flipkart deal will adversely affect small traders: CAIT

23 Sep 2018 | 6:29 PM

New Delhi, Sep 23 (UNI) Small businesses across the country will participate in Bharat Trade Bandh on September 28 against Walmart Flipkart Deal & FDI in retail trade under the umbrella of the Confederation of All India Traders (CAIT).

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City industrialist Purnachandra Rao elected as National VP for IACC

23 Sep 2018 | 5:00 PM

Hyderabad, Sept 23 (UNI) Hyderabad-based industrialist, Purnachandra Rao Surapaneni has been elected unanimously as National Vice President of the Indo-American Chamber of Commerce (IACC).

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Punjab Infotech launches three weeks 'certificate course in business first portal'

23 Sep 2018 | 4:41 PM

Chandigarh, Sept 23 (UNI) In a bid to familiarise the entrepreneurs and investors keen in making investments besides assisting new and existing industries in availing various regulatory and fiscal incentives online, the Punjab Infotech in sync with Industries and Commerce Department has launched a three weeks 'Certificate Course in Business First Portal'.

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Fuel prices on rise; petrol inches closer to Rs 90 p/l in Mumbai

Fuel prices on rise; petrol inches closer to Rs 90 p/l in Mumbai

23 Sep 2018 | 3:33 PM

New Delhi, Sept 23 (UNI) Fuel prices witnessed another hike on Sunday when petrol prices in Delhi, increased by 17 paise per litre and diesel by 10 paise per litre.

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Rajiva Kumar Sinha appointed head of NTPC Kudgi Super Thermal Power Project

23 Sep 2018 | 3:17 PM

Bengaluru, Sep 23 (UNI) Mr Rajiva Kumar Sinha has assumed charge as Group General Manager (Head of Project) Kudgi Super thermal Power Project in Bijapur district of Karnataka.

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