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SKorea to grow faster among advanced nations in 2014: IMF
South Korea"s economy is expected to grow at a faster clip than most other advanced nations in 2014, a report showed today, suggesting that the Asian country will stage a swift recovery from the worst downturn in more than a decade.

Govt to impose hefty penalty on extra tobacco cultivation
The government will impose a hefty penalty of 15 per cent of sale proceeds if farmers produce more export quality tobacco than the quota allotted to them by the Tobacco Board for the current year.

News of the day

Banks fail to expand in Haryana
The state of Haryana, that claims to be numero uno on various economic parameters like per capita income, per capita investment and export of basmati rice among other things, is conspicuously lagging in expanding banking facilities in some pockets.
Management

Bajaj Auto Q3 net jumps threefold to Rs 475 cr

Two-wheeler giant Bajaj Auto reported a smashing 189.24 per cent increase in its net profit at Rs 475.14 crore for the third quarter ended December 31, 2009. - Bajaj Auto Finance Q3 net jumps over two-fold to Rs 27 cr - Infosys: Green shoots grow roots - India Inc to post double digit growth in profit in Q3 - M&M to launch motorcycle this year - Bajaj Auto Dec sales soar 85% - Bajaj Auto Dec sales soar 85% The company had a net profit of Rs 164.27 crore in the correponding quarter a year ago. Total income rose to Rs 3,330.68 crore for the third quarter ended December, as against Rs 2,140.98 crore in the same period previous fiscal, Bajaj Auto said in a filing to the Bombay Stock Exchange (BSE). For the nine month ended December 31, the company has posted a net profit of Rs 1,171.46 crore, a jump of over 123 per cent from Rs 524.29 crore in the same period previous year. Shares of Bajaj Auto closed at Rs 1,698.10 on the BSE, up 1.77 per cent from the previous close.


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