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Interest rates unlikely to rise in FY10: Bankers
When Reserve Bank of India Governor D Subbarao meets top bankers in the customary pre-policy meeting on October 12, he can draw comfort from the fact that a majority of the bankers think interest rates may not be hiked till the end of the financial year.

RBI tightens online card use
E-commerce players fear 30% drop in business

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Govt promises to bring Dubai World out of crisis
The Dubai government today said it fully expected the fallout from its massive debt problem and promised to pump in all necessary resources to ensure long-term success of Dubai World.
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Tulip Telecom Q3 net up 38% to Rs 69 cr

IT solutions provider Tulip Telecom today said its consolidated net profit rose by 38.19 per cent to Rs 68.60 crore for the third quarter ended December 31, over the same period corresponding fiscal. - NHPC turns around, posts Rs 581 cr profit - SCI Q3 net dips 53% to Rs 87 cr - GVK Power Q3 net zooms two fold to Rs 46 cr - Ackruti City Q3 net jumps four fold to Rs 77 cr - J-K Bank Q3 net rises 19% to Rs 139 cr - Kalpataru Power Q3 net up 121% at Rs 44 cr Total revenue rose to Rs 500.86 crore for the latest quarter against Rs 441.78 crore for the same period previous fiscal, Tulip Telecom said in a filing to the Bombay Stock Exchange (BSE). For the nine-month period ended December 31, 2009, the company posted a net profit of Rs 195.20 crore against Rs 144.79 crore for the same period last fiscal.


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