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Business News- Times
Now<http://forums.investorline.co.in/aggregator/sources/106>- Thu,
10/30/2008 - 17:51

p align=justifyWall Street Finance today reportednbsp; over two-fold jump in
net profit at Rs 24.67 lakh for the quarter ended September 30 and has
inducted three new directors on its board. brbrThe company had a net profit
of Rs 9.73 lakhs in the same period a year ago, the foreign exchange and
money remittance services provider said in a statement.nbsp; brbrWall Street
Finance has inducted Sudip Bandyopadhyay, Director and CEO of Reliance
Money, S P Talwar, Retired Deputy Governor of the Reserve Bank of India and
Rajnikant Patel,Ex-Executive Director and CEO of Bombay Stock Exchange on
its board as directors.nbsp; brbrThe total income of the company rose to Rs
929.45 lakhs, against Rs 713.78 lakhs in the corresponding period, an
increase of 30.22 per cent.nbsp; brbrWe are very pleased with this strategic
tie-up with Reliance Money Express. We strongly believe that this tie-up
will help us build on synergies and propel our recently launched Investment
Services further, Wall Street Finance Vice-Chairman, Areef Patel said.nbsp;
brbrBandyopadhyay, the newly inducted Director of Wall Street Finance said,
I am pleased to join the Wall Street Finance Board. We are confident that
this association will capitalise on the strength of both Reliance Money
Express and Wall Street Finance, paving the way for a new chapter in the
financialnbsp;services sector in the country.nbsp; brbr(Agencies)/p

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