European stocks rose as the region’s economy emerged from recession, Compagnie Financiere Richemont SA reported

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European Stocks Rose Better than Estimated Profit for Third Day
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Double Profit For Indian Railway Catering and Tourism Corporation (IRCTC )
Indian Railway Catering and Tourism Corporation (IRCTC) has recorded a growth of 17.3 per cent in total income during 2008-09. The total income of the company has increased to Rs 618.8 crore from Rs 527.7 crore a year earlier.
Read more »State Bank of India ( SBI) profit has been raised by the trading gains
State Bank of India, the country’s biggest bank have declared a forecast in the rise of profit on large trading gains, and it has also declared that the coming quarters will be enhanced by more loan growth and broader interest margins.
Read more »Indian Bank posts 23 % rise in net
In challenging market conditions, Indian Bank could report a net profit of Rs. 1,245.32 crore in the 12 months ended March 31, 2009, against Rs. 1,008.74 crore in the previous year, a growth of 23 per cent.Addressing a press conference here on Monday, M. S. Sundara Rajan, Chairman and Managing Director said, the bank, during the year, witnessed sustained growth.
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