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Technology giant Wipro Ltd has registered net profit worth Rs 13.19 billion for the three month period ended June 30, 2010.

This showed an increase of 31% year-on-year (YoY) in the company's net profit.

In a declaration, the IT bellwether stated that its total revenue during the quarter first quarter (Q1) increased by 16.6% YoY to Rs 72.36 billion.

Under the International Financial Reporting Standards (IFRS), Wipro's net income for the first quarter stood at $284 million and total revenue $1.56 billion.

Gold ended down but most of its losses recovered amid a weaker dollar as traders looked ahead to the r

India has introduced a Rs 1,500 (around $30) laptop computer, which is designed specifically for pupils.

After unveiling the low cost-access-cum computing device, Human Resource Development Minister Kapil Sibal said, "If more companies decide to manufacture a similar device, prices will come down automatically."

Mr. Sibal said that the low cost laptop would be made available to pupils by the coming year (2011).

New Delhi, July 23 - Bollywood stars made their presence felt at Manav Gangwani's show at the ongoing Pearls Infrastructure Delhi Couture Week(PI-DCW) here Thursday with Dia Mirza, Riteish Deshmukh, Aftab Shivdasani, Jacqueline Fernandez, Soha Ali Khan, Kunal Kemu and Zayad Khan coming in to cheer their designer friend.

This time at the PI-DCW, celebrities seem to be choosing front seats and not the ramp to make their presence felt - making sure that due attention goes to the designer.

Punjab National Bank, the nation's second-biggest public sector financial arm, on Thursday recorded a 28.4 per cent hike in its net profit to Rs 1,068 crore for the quarter ending June 2010, contrasted with Rs 832 crore in the subsequent period last year.

The growth was geared up by a hike in interest income, whilst the bank handled to put the expenditures under control.

The cash-and-carry group Bharti-Walmart is keenly is looking forward policy modifications in the multi-brand retail domain and articulated expects that it might be a large player once the FDI is permitted.  

According to Bharti-Walmart Managing Director and CEO Raj Jain if the rule of the nation modifications they can open hundreds of stores, however this might be doable only if FDI is permitted.

Bharti-Walmart is a 50:50 cash and carry joint venture between Bharti Enterprises and WalMart, handling BestPrice Modern Wholesale stores in North India.