TOP CORPORATE NEWS

·        Union Bank zooms on strong quarterly results

Union Bank of India surged 7% after the company posted 19% rise in the net profit at Rs 664 crore for the quarter ended June 30, 2014 as against Rs 560 crore for the same period last year.

·        DLF Q1 net profit at Rs1277.70 mn

DLF Ltd has posted a net profit/(loss) after taxes, minority interest and share in profit/(loss) of associates of Rs. 1277.70 mn for the quarter ended June 30, 2014 as compared to Rs. 1811.90 mn for the quarter ended June 30, 2013.

·        HDIL Q1 net profit at Rs56.7 crores

HDIL has announced its results for Q1 ended 30th June 2014. Consolidated Total Income stands at Rs. 256.13 crores and PAT available for appropriation is Rs. 56.7 crores.

·        JSW Steel Q1 net profit at Rs. 8bn

JSW Steel Ltd has announced the result for the quarter ended June 30, 2014. Total Income has increased from Rs. 94304.10 million for the quarter ended June 30, 2013 to Rs. 116443.40 million for the quarter ended June 30, 2014