The profits jumped tp $1.35 billion for June-August quarter, driven by strong growth in the technology giant's software and hardware businesses.
The government will provide Rs 500 crore to drought-hit West Bengal, Bihar and Jharkhand, for extending a subsidy on diesel used by farmers.
Flights to and fro Kashmir resumed after being suspended for three days, since renovation was on at the international airport.
The Bombay Stock Exchange benchmark Sensex today surged by 177 points to touch a fresh 32-month high as investors shrugged off the impact of Thursday's rate hike by the Reserve Bank of India (RBI) amid a firming global trend.
Prices rose 0.11 per cent to hit new high of Rs 19,372 per 10 grams in futures trading, as speculators engaged in expanding their positions.
BlackBerry-maker Research in Motion says it is hopeful that its dispute with India and the UAE over the issue of data security will be resolved successfully.
Telecom major Bharti Airtel says it has selected global technology giant IBM to manage computing technology and services for its African business.
Elder Pharmaceuticals on Friday rallied nearly five per cent to hit one year high on BSE, a day after it made an offer to acquire UK-based NeutraHealth Plc for nearly 9.80 million pounds.
Steady capital infusion by foreign funds, coupled with rise in key rates by the Reserve Bank if India, helped the Indian currency gain against the US dollar.
Bankers said interest rates may be raised next month in response to the Reserve Bank of India raising short-term lending and borrowing rates.