India Infoline Q2 net up 44.27 % to Rs 58 cr

Domestic brokerage firm India Infoline today said its consolidated net profit rose by 44.27 per cent to Rs 58 crore for the second quarter ended September 30, over the same period last year. Total income rose to Rs 313.6 crore in the latest quarter, against Rs 276.6 crore in the same period last fiscal, India Infoline said in a filing to the Bombay Stock Exchange.

Non-bank funds cover up for lower credit flow

The flow of resources from other entities to the corporate sector has almost made up for the shortfall in non-food bank credit.

Aurobindo gets nod to market 2 more products in S Africa

Aurobindo Pharma Limited, a Hyderabad-based manufacturer of generic pharmaceuticals and active pharmaceutical ingredients (APIs), has received approval from the Medicines Control Council (MMC) to manufacture and market two more products in South Africa.

Ticket-seeking for Jharkhand

While ticket distribution for Jharkhand elections was on, hundreds of aspirants thronged the Congress headquarters. The Congress managers, desperate to avoid this crowd, met at various undisclosed locations. But this could not save all the leaders. One day, K Kesava Rao, the general secretary in charge of Jharkhand, came to his office at 24, Akbar Road, to take some documents when an irate crowd gheraoed him. Rao was almost physically assaulted amid a heated exchange of words as the aspirants accused him of taking bribes. Congress workers in the office had to rush in to rescue Rao.

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