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The private equity fund management company IL&FS Investment Managers has declared its first quarter financial results for the fiscal year 2010-11. The company has posted a net profit of Rs 17.68 crore for this quarter ended in the 30th of June.  

The net profit of the firm was reported to be Rs 17.70 crore for the similar quarter in the previous year. Hence there has been a marginal up in the net profit figure this time against last year's record. IL&FS Investment Managers has informed this fact in a filing to the Bombay Stock Exchange (BSE).

Vietnam is supporting India for its bid on Thursday for BP Plc's energy assets in Vietnam, which is hit by crisis.

The Prime Minister of Vietnam, Nguyen Tan Dung had a meeting with India's Oil Minister Murli Deora wherein it was decided that the British firm's stake will be split between the two countries.

The prices of gold came down by Rs. 75 and settled at Rs. 18,525 for every ten grams in New Delhi recently, as the prices of metal are declining in the international markets. Even the value of silver came down by Rs. 30 to settle currently at Rs. 28,950 per kg.

Sentiments revolving business and trade have a burdened feel as following gold the declining prices in metals may end up bringing down the U. S. economy growth in the international markets.

India's leading public sector lender Punjab National Bank (PNB) has reported that there has been a significant net profit rise in the first quarter of the current fiscal year. The bank has announced its first quarter financial results for 2010-11.

According to the company, it has registered a net profit of Rs 1,068 crore during the April-June quarter of fiscal year 2010-11.

For the same quarter in the previous year, the net profit of PNB was reported to be Rs 832 crore. Hence there has been a net profit rise of 28% in the quarter under review.

It is a very usual activity of all parents to slip in a dosage of medicine to their kids when their kids catch a cold. But the consequences are really unbearable because the medicines are abusing the children. The study found that an average 160 issues per year are coming into vision in which medicines were nastily utilized on children.

It is considered that the nasty use of drugs may be an under-documented form or a part of child mistreatment. This is according to the author and pediatrician Dr. Shan Yin.

State-run Power Finance Corporation has declared its first quarter financial results for the financial year 2010-11.The company has managed to post a net profit rise in this quarter under review.

Power Finance Corporation has said that its net profit is Rs 652.35 crore for the quarter that ended in 30th June, 2010. This has gone up by 17.55% as compared to the net profit figure of the same quarter in the last fiscal year 2009-10.