Sunday, July 18, 1999
Bajaj Auto net falls 7.5 per cent
Two-wheeler giant Bajaj Auto Ltd has posted a 7.5% drop in net profit to Rs 111.09 crore for the first quarter ended June 1999 against Rs 120.4 crore during the same period of last year.
NPA level touches Rs 60,000 cr -- NCBE
P Lakshminarayana, general secretary of the National Confederation of Bank Employees (NCBE) said a staggering amount of Rs 60,000 crore had become "non-performing asset" (NPA) in the banking industry.
Colgate profits rise 42 pc
Colgate-Palmolive (India) Ltd has announced a 42.35% spurt in net profit to Rs 12.1 crore for the quarter ended June 1999 as compared to Rs 8.5 crore in the corresponding period last year.
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