Karur vysha bank

The results of karur vysha bank will be out in a few days.

Indian overseas bank probationary officer 2009results out

plese check the indian overseas bank site.

Medical college scam chennai

Two well known medical colleges in tamilnadu has come under the scanner for demanding donations . This is a very well known fact that even a layman knows these days , but the state government and central government are reacting as if they never knew this . One of the college belongs to the DMK minister .Revenues are being shared by the Party as such which involves the big fish MR.karunanidhi the CM of tamilnadu.

This is a practice that goes on in every state . The first one to be caught is Jeppiar,even a engineering seat costs 6 lakhs here . The two medical colleges that were caught under the scanner are ramachandra medical college and balaji medical college….40 lakhs and 20 lakhs respectively for a medical seat .

Now the best thing is the state government has asked a explanation(money) from these colleges and has instituted a five meber panel to inspect (collect money) the colleges across the state .I bet you , you walk in a medical seat in ramachandra or a engineering seat in jeppiar…nothing would have changed and nothing will..because the CM , PM all are part of share holders.Some good coverage for Times now , so they are also benefited…Jai hind

Prabhakaran deadbody photo

Prabhakaran has been killed by srilankan forces yesterday.His body has been found today.prabhakaran deadUncertanity prevails whether he commited suicide or was killed by srilankan forces .

Srilanka is giving false information on the death . First the srilankan prime minister said that he has been killed while trying to flee. But . How come a guy trying to flee be in LTTE uniform carrying his ID cards .When these questions were arrised they backtrack saying he never tried to flee but was killed during fight . DNA tests have also been done it seems, how come so fast . Many thing it is a suicide by the LTTE leader . He gave his life for tamils in srilankan , let his soul rest in peace.

Bloodbath in srilanka says BBC

UN spokesman in Colombo Gordon Weiss has said the situation in Sri Lanka is critical and changing hour by hour.

He warned of a bloodbath and said it had become a truly terrible situation for civilians caught up in the conflict zone.

He was speaking as senior United Nations official, Vijay Nambiar, headed to Sri Lanka to press for an end to the fighting to try to resolve the growing humanitarian crisis

HCL Technologies result drops

HCL Technologies Ltd., among India’s top five software exporters by sales, said Wednesday its consolidated third-quarter net profit fell 36% from a year earlier, dragged by foreign exchange and accounting losses.

Net profit in the three months ended March 31 fell to 2.18 billion rupees ($43.3 million) from 3.43 billion rupees a year earlier. The company’s financial year runs from July through June.

Profit fell despite a 49% rise in revenue to 28.62 billion rupees from 19.15 billion rupees a year earlier, the company, which reports its results based on U.S. accounting standards, said.

The company reported a cash flow accounting loss of 1.26 billion rupees and a forex loss of 761 million rupees. The Indian rupee lost about 4% against the U.S. dollar in the just-ended quarter.

Provisions for taxation rose 32% to 485 million rupees from 368 million rupees a year earlier, further hurting profits.

The results were below expectations. Fifteen analysts on average expected net profit of 2.48 billion rupees on revenue of 28.36 billion rupees, according to a Dow Jones Newswires poll.

Its quarterly earnings before interest, tax, depreciation & amortization margin fell marginally to 21.3% from 21.8% in the second quarter ended Dec. 31, and rose from 21.1% a year earlier, the company said.

HCL Technologies’ results follow those of India’s largest software exporters by revenue – Tata Consultancy Services Ltd. and Infosys Technologies Ltd. – both of whom gave a cautious outlook for the April-March financial year.

India’s software exporters earn most of their revenue from clients in the U.S. and Europe, and have been hurt by global customers cutting back spending on technology.

In dollar terms, HCL Technologies’ quarterly net profit was $43 million compared with $85.4 million a year earlier. Revenue rose 18% on the year to $564.4 million.

HCL, headquartered in the northern city of Noida, counts U.S.-based Cisco Systems, Deutsche Bank AG and U.K.-based DSG International PLC as customers and about 59% of its revenue comes from the U.S.

It said during the quarter, it signed 11 new contracts with customers including UTi, NASDAQ OMX, Shoprite, Moduslink and Xerox.

Nano a great success

In India, customers are lining up to buy the world’s least expensive car, the Nano, which went on sale this week. The impact the Nano is expected to have a positive effect on the auto industry, which is facing a worldwide slump in sales.

Forty-year-old bus driver Ram Nath in New Delhi never dreamed of owning a car on his $300 a month salary. But he was among the first in line at a dealership when orders for the Nano opened.  

After taxes, the base model of the car will cost about $2,200 – making it the least expensive automobile in the world.  

Ram Nath says he is happy that a car he can afford is now on the market. He says he too, like richer people, can take his family out in a car on holidays.