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Bajaj Holdings & Investment Ltd’s Q4FY18 consolidated net profit rises 35% yoy to Rs1,080cr

Bajaj Holdings & Investment Ltd Q4FY18 Consolidated Results Q4FY18: (Rs. in cr) Q4FY18 YoY (%) Revenue 6,773.30 38.3 Net Profit (adjusted) 1,079.87 34.7   View Bajaj Holdings Buy Reco. Price 2628 Last updated on 14-May-2018 Know More   The main source of income for Bajaj Holdings and Investments Limited (BHIL) in Q4FY18 is dividends, interest and gains on investments held. BHIL holds stake in Bajaj group companies such as Bajaj Auto Limited (BJAUT, 31.54%), Bajaj Finserv Limited (BFSL, 39.29%) and Maharashtra Scooters Limited (MSL, 24%). Consolidated revenue in Q4FY18 was up 23%…

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UBI Posts Rs. 637.53 Crore Net Loss In Q3

United Bank of India’s operating profit saw a 65.76 per cent fall to Rs. 181.53 crore Kolkata: State-run United Bank of India (UBI) on Monday reported a net loss of Rs. 637.53 crore for the quarter ended December 31, 2017, as compared to a net profit of Rs. 64.10 crore for the a year-ago period. The net loss for the quarter was on the back of sharp fall in operating profit and a huge increase in provisions to cover rising bad loans.During the quarter ended December, the bank’s operating profit saw a 65.76 per cent fall to Rs. 181.53…

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Engineering admissions: NET likely to be introduced in 2019-2020

With some states opposing introduction of National Eligibility Test for admission to engineering courses, it is unlikely to be held next year but could become a reality in 2019-’20, a top AICTE official said on Monday. Though the All India Council for Technical Education (AICTE) had approved a single entrance examination (NET) for admission to all engineering colleges from this year, some states had opposed and as a result it had to be deferred, AICTE Chairman Anil D Sahasrabudhe told reporters in Coimbatore. The Council would hold discussions with state…

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Singapore blocking net get right of entry to on authorities computer systems

Singapore showed Wednesday it would reduce off internet get right of entry to for authorities paintings stations within a year for security motives, a surprise circulate in one of the global’s maximum stressed countries. The decision will now not disrupt government operations, the Infocomm development Authority (IDA) stated after neighborhood every day The Straits times reported that a few a hundred,000 computer systems would be affected. “we’ve got began to separate internet get admission to from the work stations of a particular organization of public provider officials, and will do…

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