World Bank Lends Extra US$ 65 Mn For APRPRP

World BankNew Delhi: Today, the World Bank sanctioned an added loan of $65 million (Rs 260 crore) to Andhra Pradesh Rural Poverty Reduction Project.

The World Bank said since its beginning in 2003, this programme has thus far bettered the lives of some 5.7 million women.

This added funding will support vital investments in institution and capacity building that will permit community institutions of poor women become sustainable and self-directed.

Market Ends On A Weak Note Despite Firm Trading

Today, the Bombay Stock ExchangeBSE Sensex ended on a flat note after hitting a new high of 1

Sensex Falls Below 15k Mark

Sensex DownMumbai: Tracking feeble worldwide markets, the benchmark Sensex plunged below 15,000 mark level by receding more than 180 points in early trading on the BSE.

Yesterday, the BSE-30 share Sensex missed 35.85 points. Today, it dunked 180.33 points to drop below 15,000 level to 14,829.55 points in the first five minutes of trading.

In the same way, on the wide-based National Stock Exchange (NSE), Nifty misplaced 51.05 points at 4,355.00 points.

Infosys Q1 Profit Surges 34.5%, Beats Forecast

Infosys Technologies BangaloreBangalore: Today, Infosys Technologie

GAIL, Apollo Tyres Enters Pact To Use Eco-Friendly Technology

Apollo TyresNew Delhi: State-run gas utility GAIL (India) and Apollo Tyres has signed up a contract for making power from steam.

According to the company release, GAIL will supply steam from its Vaghodia Compressor Station (near Vadodara) to Apollo Tyres that would produce power for it.

HDFC Bank Q1 Net Up 34.3% At Rs 321 Cr

HDFC BankMumbai: HDFC Bank Ltd said its net profit for the 2007 first quarter arose 34.3 per cent, hiked up by higher credit expansion that held up ascending interest rates.

Net profit for the April-June period ascended to Rs 321 crore from Rs 239 crore a year earlier.

Total income rose 47.2 per cent to Rs 2,642 crore from Rs 1,795 crore.

HDFC Bank was incorporated in August 1994 and started processes as a Scheduled Commercial Bank in January 1995. As on March 31, 2007, it had a nationwide network of 684 branches and 1605 ATM's in 316 Indian towns and cities.

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