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Friday, June 12, 2009
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CORPORATE RESULTS

PRIVATE BANKS: CUB net dips in Q4 on higher tax provisions
Chennai, June 11 Despite higher operating profits, City Union Bank has posted a lower net profit for the fourth quarter of the last financial year because of higher incidence of taxes. The bank’s net profit for January-March quarter ...

TEA: Tata Tea’s Q4 numbers give little reason to cheer
Reported profits fall to less than 10% of last year’s numbers. A substantial boost from exceptional gains last year has resulted in a sharp dip in the reported profits for Tata Tea for the latest quarter and the year ended ...
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Markets (June 11)
Nifty (at close)4,625.75(-29.50)
US Dollar (Buy/Sell)47.60/61
Brent crude (a bbl) Rs3,344
Gold (a gram) Rs1,363
Silver (a kg) Rs24,810

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Mandate 2009

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