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Banks credit offtake rises 13.34%
Credit growth of banks remained at 13 per cent for the fortnight ended January 1 compared to 24 per cent in same period a year ago.

India committed to promoting ties with China: PM
Prime Minister Manmohan Singh today said India was fully committed to further promoting relations with China in an "all-round manner".

News of the day

Telangana Cong MPs seek action against Jagan
Regional differences in Andhra Pradesh Congress burst out in the open today when late YSR"s son Jaganmohan Reddy joined TDP protesters in Lok Sabha only to face demands for disciplinary action from party MPs from Telangana.
Online Business

UTV Software Communications June qtr net loss at Rs 23 cr

Media company UTV Software Communications today reported a consolidated net loss of Rs 23.33 crore for the quarter ended June 30, 2009, against a net profit of Rs 19.88 crore in the same period last year. - UTV Software net profit declines 40% - UTV Software Comm Q4 net down 40% at Rs 11 cr - Oracle Financial Q1 net profit up 76% - Federal-Mogul Goetze June qtr net jumps two-folds at Rs 16 cr - M&M Q1 net surges 150% at Rs 400 cr on merger - Bajaj Electricals Q1 net up 64% at Rs 16 cr Total revenues declined to Rs 115.36 crore in the latest quarter, against Rs 137.07 crore in the same period last fiscal. Shares of UTV Software Communications were trading at Rs 424.50 on the BSE, down 0.61 per cent from the previous close.


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