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- Discussed VRS with PMO on July 18; no connection with transfer: S C Garg
- Kerala gets IAF bill of Rs 113 crore; Pinarayi Vijayan urges Rajnath Singh to exempt state from footing bill
- NIIF eyes $1 bn from overseas investors in fresh round
- From councillor to three time chief minister, Yediyurappa to become CM again
- Double promotion for Kargil war hero Satpal Singh who was manning traffic in Punjab town
- Will seek financial help from Centre for flood damage: Nitish
- Fagu Chauhan resigns from UP Assembly after appointment as Bihar governor
- India has received satellite data on flood-hit regions from 8 nations: MEA
- Lok Sabha passes Companies (Amendment) Bill
Bajaj Auto Q1 profit meets estimates, rises 1% to Rs 1,126 crore
Bajaj Auto on Friday said its standalone profit rose by 1 per cent to Rs 1,126 crore in the June quarter compared with Rs 1,115 crore in the same quarter last year. The profit figure came in better than ET NOW poll estimate of Rs 1,060 crore. Margins took a beating, falling to 16.1 per cent from 18.3 per cent. Turnover for the quarter rose 5 per cent to Rs 8,197 crore from Rs 7,812 crore in the year-ago period. Ebitda dropped 9 per cent to Rs 1,250 crore against Rs 1,367 crore in the corresponding quarter last year.
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