Sensex up 35 points on strong inflation data
Mumbai: The BSE Sensex erased early losses and ended 35 points up at 5-week high of 16,189.36 on Monday,up 34.74 points,as a sharp fall in inflation boosted investor confidence. The Nifty gained 7.90 points at 4,873.90.
South Indian Bank Q3 net up 32,eyes R1K cr QIP
Mumbai: South Indian Bank has registered 32 per cent jump in net profit at Rs 280 crore for the third quarter ended December 31 and plans to raise Rs 1,000 crore through qualified institutional placement QIP.
Hyundai introduces new Eon variants
New Delhi: Hyundai Motor India on Monday said it has introduced three new variants with additional features of its latest small car Eon,which will be costlier by up to Rs 7,000 from the existing versions.
Tata Motors Dec global wholesales up 33
Mumbai: Tata Motors Group global wholesales,including Jaguar Land Rover,was 99,853 units in December 2011,higher by 33 per cent over December 2010. Cumulative sales for the fiscal are 809,872 higher by 27 per cent compared to the same period in 2010-11.
ING Vysya Q3 net up 43.3 to Rs 119 crore
Mumbai: ING Vysya Bank has posted a 43.3 per cent rise in its net profit to Rs 119.52 crore for the third quarter of current financial year on the back of higher core income. Net profit of the bank stood at Rs 83 crore in the same period last year.
IDBI Bank to raise 200 million through bonds
Mumbai: State-run IDBI Bank has tied up with Asian Development Bank ADB to partly guarantee a 200 million fund raising through bonds.