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Canara Bank Q3 profit zooms 50% to Rs 1,052.58 cr
State-run Canara Bank today reported a 50 per cent jump in net profit to Rs 1,052.58 crore for the third quarter ended December 31, 2009.

About 74% investors prefer buying gold at current About 74% investors prefer buying gold at current Press Trust of India / New Delhi June 9, 2009, 11:39 IST
Among those who were willing to buy gold at current prices, the preference for purchasing jewellery was higher as compared to any other form of gold, a survey by brokerage firm India Infoline Ltd (IIFL) said.

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Realty firms find friends in bankers in 2009
Wiser from last year"s free-fall, realty firms discovered a new mantra in "affordable housing" and found help from banks who offered low interest home loans to build their businesses in 2009.
Small Business

Chandrayaan-II to be over by 2012-13: Isro

Chandrayaan-II moon mission, which will help in analysis of mineral composition and undertake terrain mapping of the moon, will be completed by 2012-13, Project Director of Chandrayaan Dr M Annadurai said today. - Chandrayaan-II will be a technical challenge: Mission director - Kalam advises Isro, Nasa on Chandrayaan-II - Now Chandrayaan-II will have Indian rover “The Rs 425 crore project will be completed by 2012-13. As opposed to Chandrayaan-1 which was a moon orbiter, in Chandrayaan-2, the two moon rovers will actually land on the moon surface,” he said inaugurating the sixth National Student Conference at University Visveswaraya College of Engineering. “Chadrayaan-II will consist of the spacecraft and a landing platform with two moon rovers, one from India and one from Russia, which will land on the moon and move on wheels on the lunar surface, pick up samples of soil or rocks, do a chemical analysis and send the data to the spacecraft orbiting above,” Annadurai said. Annadurai, the Project Director of Chandrayaan-I and II, said the Chardrayaan-I, which was the 70th satellite to go on the moon, “created history with discovery of water there (moon)”. “The Rs 386 crore project (Chandrayaan-I) which took four and a half years to be completed has provided 6 terabits of data which will take the scientists three years to mull over,” he said.


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