Citizens' Issues
UP minister Satai Ram Yadav, two others killed in rail accident
SP leader Satai Ram Yadav who was also a minister of state in UP, was in his car, when it was hit by Jaunpur-Aurihar passenger train at Khalsaha crossing Monday morning
 
Samajwadi Party (SP) leader and Uttar Pradesh's minister of state Satai Ram Yadav and two of his staff were killed Monday when his car was hit by Jaunpur-Aurihar passenger train at Khalsaha crossing in the morning.
 
Yadav's car was hit by a train at an unmanned crossing in Linebazar area. His gunner Bhikhram Verma (27) and driver Rohit Dixit (35) were the other two victims. All three died on the spot they said.
 
As soon as the news of minister’s death spread, his supporters from nearby villages gathered on the spot and started pelting stones on the train, which had stopped after the accident.
 
Government Railway Police (GRP) and local police somehow controlled the situation after which the train could move ahead.
 
The bodies of victims have been sent to the district hospital, from where it would be handed over to their family members after post-mortem.
 
Senior officers, political leaders have reached the hospital, where a large number of people have gathered. 

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Zydus Wellness FY14 net profit flat at Rs96.45 crore
For FY14, Zydus Wellness' higher net profit stood at Rs96.45 crore as its sales fell 5% 
 
Zydus Wellness Ltd, the Gujarat based consumer product manufacturer, reported lower full year net profit mainly due to muted sales.
 
For the 12 month to end-March, the makers of 'Sugar free' brand, said its net profit declined marginally (0.68%) to Rs96.45 crore from Rs97.11 crore while  its total revenues, including sales, fell 5% to Rs203.25 crore from Rs213.01 crore, a year ago period.
 
During FY14, Zydus Wellness said its total expenditure declined 3% to Rs124.30 crore from Rs127.57 crore, while its raw material costs fell 10% to Rs51.77 crore from Rs57.29 crore a year ago period. However, during FY14 Zydus Wellness received tax refund of Rs5.85 crore.
 
In its quarter to end-March Zydus Wellness said its net profit tumbles 42% to Rs21.76 crore from Rs37.41 crore, its total revenues, including sales, fell 22% to Rs52.88 crore from Rs67.81 crore, same period last year. 
 
Zydus Wellness declared final dividend of Rs6 per share.
 
At 3.22pm Monday, Zydus Wellness was trading 1.1% up at Rs500 on the BSE, while the S&P BSE Sensex was also up at 24,388.
 
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Bajaj Auto FY14 net profit up 7% on higher exports
For FY14, Bajaj Auto reported higher net profit to Rs3,243 crore on 22% higher exports and lower raw material costs
 
Bajaj Auto Ltd, the world's third largest motorcycle maker, reported higher full year net profit on increased exports and lower raw material costs. 
 
For the 12 month to end-March, Bajaj Auto said its stand alone net profit increased 7% to Rs3,243 crore from Rs3,044 crore while its total revenues, including sales, grew marginally to Rs20,856 crore from Rs20,793 crore, a year ago period.
 
During the full year, the Bajaj group company said, its revenues from exports jumped 22% to Rs8,199 crore from Rs6,713 crore, a year ago. The company exported 1.3 million motorcycles and 2.61 lakh 3-wheelers. Its exports contributed 42% in its net sales.
 
However, its domestic sales declined during FY14. Bajaj Auto sold 38.70 lakh motorcycles during the 12 months, which is 9% lower than 42.37 lakh units of motorcycles, a year ago period. 
 
Bajaj Auto said during FY14 its total expenses decline 2% to Rs16,223 crore from Rs16,526 crore, while its raw material costs declined 4% to Rs12,936 crore from Rs13,524 crore a year ago period.
 
The world's largest 3-wheeler manufacturer, said it sold 4.48 lakh units of 3-wheelers during FY14. Bajaj Auto sold 6.49 lakh units of its iconic Pulsar brand in the domestic market and maintained leadership with 44% market share. It also launched new variants under its sports segments and sold 74,000 units of Pulsar 200 and Pulsar 200NS and exported 81,000 while it sold 11,000 units of its high-end-priced KTM duke in India and exported 24,000 during FY14.
 
In its quarter to end-March, Bajaj Auto said its stand alone net profit fell marginally to Rs764 crore from Rs766 crore, its total revenue including sales grew 3% to Rs5,177 crore from Rs4,990 crore a year ago period.
 
Bajaj Auto declared a final dividend of Rs50 per share.
 
At 3.05pm Monday, Bajaj Auto was trading 2.3% down at Rs1,890 on the BSE, while the S&P BSE Sensex was up 1.1% at 24,388.
 
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