In the December quarter, ITC had net sales of Rs 5,453.49 crore, up 18.56 per cent from Rs 4,599.56 crore over the corresponding quarter last fiscal.

Outgoing CEO Eric Schmidt will assume the role of Executive Chairman, focusing externally on \"deals, partnerships, customers and business relationships\".

Wipro reported a 9.60 per cent jump in consolidated net profit at Rs 1,318.8 crore for the third quarter against Rs 1,203.2 crore in the same quarter last year.

For the quarter ended December 31, 2010, the information technology major posted a jump of 10 per cent in its net profit from Rs 1,203 crore in the same period last year.

Tax-saving equity funds have given an average return of 14.15 per cent over the past five years, making them the best savings option under Section 80C.

Metal companies have done well in the past five years, with four among the top 10.

Biocon posted a growth rate of 24.55 per cent in net profit at Rs 100.75 crore for the third qaurter ended December 31, 2010.

Mobile number portability would empower mobile subscribers to change their operator while retaining their mobile number and force telecom operators to improve their services.

CEO Phaneesh Murthy said the quarter saw \"very strong earnings and cash flow\" despite reporting more than $3.2 million in acquisition-related expenses.

During the period, the company recorded a 27 per cent increase in its net sales to Rs 4,028.18 crore, compared to Rs 3,165.84 crore in the same quarter last year.

The increase in net profit during the third quarter of the current financial year was mainly due to the increase in natural gas transmission, LPG transmission and trading business.

Singh will launch MNP at Vigyan Bhavan on January 20 at 5 pm, an official statement said on Tuesday. MNP was already launched in Haryana in late November last year.

The software exporter posted a net of Rs 399.70 crore for the quarter ended December 31, against Rs 297.7 crore in the same quarter last financial year.

Private insurer SBI Life posts over two per cent growth in profit after tax for the third quarter ended December 31 at Rs 84 crore.

Civil aviation minister Praful Patel appears bent on following the lead set by his NCP boss and ministerial colleague Sharad Pawar when it comes to talking up prices.

Axis Bank advanced nearly by 6 per cent, after the private sector lender posted a 35.88 per cent jump in its third quarter net profit yesterday.

The shares of TCS moved up on Tuesday after the IT major posted 29.93 per cent jump in consolidated net profit at Rs 2,369.83 crore for the third quarter ended.

TCS recorded net profit of Rs 1,823.90 crore in the October-December 2009 quarter and the company also announced 200 per cent dividend.

Private lender Axis Bank said its net profit jumped 35.88 per cent to Rs 891.36 crore for the quarter ended December 31, 2010.

The infrastructure major had a net profit of Rs 758.82 crore in the October-December quarter last fiscal, L&T said in a filing to the Bombay Stock Exchange.