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Wednesday, April 7, 2010 as of 11:14 AM ET

Bombay Stock Exchange

The Bombay Stock Exchange (BSE) ( ') (formerly, The Stock Exchange, Bombay) is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia.

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Get updates on Bombay Stock Exchange
Bharat Petroleum 4Q Net Profit Surges More Than Fourfold

India's Bharat Petroleum Corp.

(500547.BY) Friday reported a more than fourfold jump in its fourth-quarter net profit, helped by government subsidies for selling diesel and cooking fuels at discounted prices.Net profit for the January-March quarter soared to INR39.63 billion from INR9.35 billion a year earlier, the oil refiner and retailer said in a filing with the Bombay Stock Exchange.Sales grew 43% to INR646.42 billion from INR452.52 billion.Net profit topped the INR36.15 billion average of estimates in a Dow Jones Newswires poll of 12 analysts.Finance Director S. Varadarajan said higher compensation from the government and upstream oil companies such as Oil & Natural Gas Corp. and GAIL (India) lifted the quarterly earnings.India's state-owned fuel retailers -- including Bharat Petroleum -- sell diesel, kerosene oil and cooking gas at government-mandated discounted prices to help control inflation.They are partly compensated by the government through a cash subsidy and partly by oil...

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  1. ICICI, Axis Bank Upbeat On Outlook After Strong Results

    (Includes Axis Bank's results, executive comments.)MUMBAI -(Dow Jones)- India's top two private-sector lenders, ICICI Bank Ltd. (532174.BY) and smaller peer Axis Ban...

  2. ICICI Bank Beats Expectations With 31% Jump In Jan-March Net

    ICICI Bank Ltd. (532174.BY) Friday thumped market expectations with a 31% surge in its January-March net profit, helped by strong demand for loans from companies and...

  3. Rabobank Sells 3.6% Stake In Yes Bank; Raises $86.3 Million

    Rabobank Thursday sold most of its remaining stake in Yes Bank Ltd. (532648.BY) for INR4.53 billion ($86.3 million), stock-exchange data showed, in another recent in...

  4. Gujarat Gas Jan-March Consolidated Net Profit Declines 10% On Gas Prices

    Gujarat Gas Co. (523477.BY), a unit of BG Group PLC (BG.LN), Thursday posted a 10% decline in first-quarter consolidated net profit because of an increase in prices ...

  5. Rabobank Sells Yes Bank Stake Via Block Deals

    Rabobank Thursday sold most of its remaining stake in Yes Bank Ltd. (532648.BY) for a likely INR3.8 billion ($72 million), in another recent instance of a foreign co...

  6. MRPL Restarts South India Refinery; Water Supply Restored

    Mangalore Refinery & Petrochemicals Ltd. (500109.BY) said Thursday that it has begun the process of restarting units at its 300,000-barrel-a-day refinery in the sout...

  7. FactSet: About 10.6 Million Yes Bank Shares Sold In Block Deals At Average INR357 Apiece

    About 10.6 million shares of Yes Bank Ltd. (532648.BY) were sold in block deals Thursday at an average price of INR357.00 apiece on the Bombay Stock Exchange, accord...

  8. India's Infosys Under U.S. Visa Probe

    Infosys Ltd., India's second largest technology outsourcer, saw its shares tumble on Monday after the firm said it is being probed by the U.S. State Department over ...

  9. Bombay Stock Exchange Replaces DLF With Dr Reddy's Labs In 30-Share Sensex

    The Bombay Stock Exchange has replaced real-estate developer DLF Ltd. (532868.BY) with Dr. Reddy's Laboratories Ltd. (500124.BY) in its 30-share benchmark Sensitive ...

  10. Reliance Industries 4Q Net Drops On Weak Margins, Lower Output

    Reliance Industries Ltd. (500325.BY), India's most valuable company, Friday posted a second consecutive drop in quarterly profit due to weak refining and petrochemic...

  11. HDFC Bank January-March Net Profit Rises 30%

    HDFC Bank Ltd. (500180.BY) Wednesday reported a more than 30% jump in its fiscal fourth-quarter net profit, broadly in line with expectations, as demand for retail l...

  12. India Inflation Slows Less Than Expected In March

    Inflation in India slowed less than expected in March, as food and energy prices kept climbing, but a cooling in manufacturing prices kept intact market hopes for a ...

  1. Bharat Petroleum 4Q Net Profit INR39.63 Billion, Tops Estimates

    State-run Bharat Petroleum Corp. (500547.BY) Friday reported a more than fourfold jump in net profit for the fourth quarter, helped by government subsidy to compensa...

  2. State Bank Of India's 4Q Net Profit Tops Forecast

    State Bank of India (500112.BY), the nation's largest lender by assets, Friday exceeded market expectations for its fourth-quarter net profit, driven by strong loan ...

  3. Indraprastha Gas 4Q Net Profit Up 17% On Higher Volume, Tariffs

    Indraprastha Gas Ltd. (532514.BY) Monday reported a 17% rise in fourth-quarter net profit, helped by higher tariffs and sales volume.Net profit for the quarter ended...

  4. Dr Reddy's Jan-March Net Grows 2.7%; Misses View On One-Time Charge

    Dr. Reddy's Laboratories Ltd. (500124.BY) Friday disappointed investors with a slim 2.7% rise in its fourth-quarter net profit, but this was due mainly to a one-time...

  5. Lupin Fourth-Quarter Net Profit Falls 31%, Misses View

    Indian generic-drug maker Lupin Ltd. (500257.BY) Thursday missed market expectations with a 31% drop in net profit for the fourth quarter as a higher tax outgo offse...

  6. NTPC Jan-March Profit Falls 6.8%; Higher Tax Payout Hurts

    NTPC Ltd. (532555.BY) Thursday posted a second straight drop in quarterly net profit, as higher taxes and a delay in starting new power generating stations hurt Indi...

  7. Housing Development Finance Jan-March Net Profit Grows 16%

    India's Housing Development Finance Corp. (500010.BY) Monday reported a 16% rise in fourth-quarter net profit, aided by a strong demand for mortgage loans.January-Ma...

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