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Leading State-run lender, UCO Bank has produced a remarkable performance in the previous year and hoping to continue the same in the coming years as well.

In the shareholders meeting, Executive Director of the bank Mr. Ajai Kumar has informed that the bank is anticipating posting a net profit of 13.5 billion rupees in FY11.

Private-sector lender Development Credit Bank announced that it has posted a net loss of Rs 2.9 crore first quarter of the fiscal year 2010-11. The company has also informed that this time it has managed to reduce the loss figure to almost Rs 3 crore while last year the net loss was Rs 35.3 crore for the same period of time. 

According to a top official of the company, the ongoing business restructuring plan has done the trick for the firm and it has produced a better show this time.

Thrissur-based South Indian Bank (SIB) has declared its first quarter financial results for the fiscal year 2010-11.

The bank has registered a net profit of Rs 58.44 crore for the quarter that ended in 30th June, 2010. This net profit figure was Rs 60.11 crore in the corresponding quarter in the last fiscal. This has been informed by SIB in a filing at the Bombay Stock Exchange.  

There has been a marginal decline in the net profit figure for the bank in the quarter under review against its like period in previous fiscal.

B&Q holder Kingfisher has recorded a dip in the sales figures and swayed a caution warning attitude for consumer expenditure.

The likely sales, that which was not taken into account were the sales from new stores, dwindled by 4.4% in the last 10 weeks to 10 July in the UK and Ireland.

The plummet has mirrored lesser endorsements and limp demand for the big price tag items expressed by the company.

The overall group sales dwindled by 0.8% due to augmented earnings from global stores, especially in France.

HP supposedly has named PalmPad as its next name for the upcoming WebOS family of devices, according to a recent trademark company USPTO.

It was further added that the domain name PalmPad has been registered to a "palm pad online services" in Costa Rica, Central America since April 2001 and will not expire till April 2012.

According to a review made by the health agency NHS Health Scotland, that advises deed on economical alcohol in the off-trade.

The survey is rooted on data from Nielsen and CGA Strategy, explored the average rate of alcohol in the on-trade session in England and Wales was by £1.26 in the year 2009, contrasted to 43p in the off-trade. For Scotland the digits were £1.31 and 43p.

The data has also highlighted the glide from the on-trade to pet drinking.