The Hindu : Friday, April 02, 2004

Online edition of India's National Newspaper
Friday, April 02, 2004

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Current account surplus doubles in Q3
MUMBAI, APRIL 1. Buoyed by the performance of the software services and tourism sectors, India's current account surplus doubled to $1.8 billion for the third quarter ending December 31, 2003 over the same period previous fiscal.For the nine ...

High GDP growth propels Sensex
MUMBAI, APRIL 1. In response to the unexpected high economic growth rate, the Sensex soared by 150 points to end at three-week high in line with a sharp stocks rally at the beginning session of the new fiscal on the Bombay Stock Exchange here on ...

SAIL output at 11 m tonnes
NEW DELHIMUMBAI, APRIL 1.APRIL 1. The Steel Authority of India today said its steel production touched an all time high of 11 million tonnes in 2003-04 and it sold 10.8 million tonnes in the domestic and overseas markets. SAIL exported 1.16 ...

Maruti's record sales
NEW DELHI, APRIL 1. Maruti Udyog Limited (MUL) has achieved new heights recording the highest ever sales since its inception. India's largest carmaker posted a robust 30.3 per cent rise at 4.72 lakh units during 2003-04. Sales in March alone ...

Other Stories

Forex reserves up $26.4 b in April-December

PFC net at Rs. 1601 cr.

Alcatel sets up lab at SlashSupport facility

Abolition of MAT sought

HAL, BEL, BEML announce higher profits

Barometer

Bullion rates

Stock Market Index

Briefly
Infosys results on April 12
BANGALORE, APRIL. 1.Consulting and IT services major, Infosys Technologies, will announce the results for the fourth quarter and year ended March 31, 2004 on April 12, says a company release. ...

RIL's new gas discoveries
NEW DELHI, APRIL 1. Reliance Industries has made two new gas discoveries at its D-6 block, the site of the world's largest gas find of 2002, in Bay of Bengal. The K-1 and K-2 wells, the ninth and tenth consecutive successful wells drilled early ...

Aigner forays into India
NEW DELHI, APRIL. 1.Aigner, the German lifestyle brand, on Thursday announced its foray into the domestic market with a range of leather accessories and readymade garments. Beginning with the capital, couple of exclusive Aigner showrooms would be ...

SBI MD and Group Executive
MUMBAI, APRIL 1.Ashok Kini on Thursday assumed charge as Managing Director and Group Executive (National Banking) of State Bank of India. He was until recently Deputy Managing Director (IT) and was responsible for drawing up the blueprint of the ...

Google to offer free e-mail
MOUNTAIN VIEW (U.S.), APRIL 1. Search engine Google Inc. announced that it would launch a free, web-based e-mail service to compete against popular services from rivals Yahoo! Inc. and Microsoft Corp. Google's service, called Gmail, will ...

Sony sues Kodak
SAN DIEGO, APRIL 1. Sony Corp. sued Eastman-Kodak Co., alleging patent infringement on digital camera technology. The salvo comes three weeks after Kodak filed a similar suit against Sony. Sony's suit, filed yesterday in the U.S. District ...

Garment exporters seek relief
COIMBATORE: Garment exporters have sought immediate steps to help them out as they are hit by the appreciation of Indian rupee against dollar. In a memorandum to the Union Finance Minister, the Chairman of the Apparel Export Promotion Council ...

Coimbatore Zone excise revenue up
COIMBATORE: The Chief Commissionerate of Central Excise, Coimbatore Zone, has registered a 13.06 per cent growth in excise revenue during 2003-2004 when compared to 2002-2003. A release from the Chief Commissioner, J. M. K. Sekhar, said that the ...

Orchid JV's achievement
CHENNAI: Orchid Chemicals and Pharmaceuticals Ltd. (Orchid) on Thursday announced that its U.S. discovery joint venture, Bexel Pharmaceuticals Inc., that has been working on a novel anti-diabetic molecule (BLX-1002), has successfully completed ...

Chola Growth Fund pays 10 p.c.
CHENNAI: Chola Mutual Fund has declared 10 per cent dividend (Rs. 1 per unit of Rs. 10) under Cholamandalam Growth Fund with the record date being March 29, according to a release. The fund has made a total payout of 90 per cent in the current ...

Future holds for cash crops
CHENNAI: An interface programme between farmers and agri experts was organised by SPIC's farm journal at Kumbakonam recently. Participants agreed that commercial crops were the future of Indian agriculture. More than 500 farmers participated in ...

Idea's Delhi subscriber base up
NEW DELHI: Idea Cellular on Thursday announced that its Delhi subscriber base has crossed half a million mark in March. ``We have seen rapid growth for Idea in Delhi and NCR circle aiding us to cross the five lakh subscriber base. We are growing ...

Agilent's chip design centre at Gurgaon
NEW DELHI: Agilent Technologies on Thursday announced setting up of integrated chip design centre at Gurgaon in Haryana. The system-on-chip design centre, which will house 50 engineers by the end of 2004, is the first integrated chip design ...

Crompton pact with FreeMarkets
NEW DELHI: Crompton Greaves on Thursday signed a long term agreement with FreeMarkets Inc. under which it will source up to 50 per cent of its spend over the next one year through the use of FreeMarkets's solutions. Crompton would source high ...

Zydus Cadila files 12 ANDAs
CHENNAI: Gearing up for its foray into the U.S. formulations generic market, Zydus Cadila ended the financial year 2003-04 with 12 ANDA filings. The group, which had started the process in November with 2 ANDA filings, has rounded off the year ...

SECL's achievement
HYDERABAD: The South Eastern Coalfields Ltd. (SECL), a subsidiary of Coal India Ltd., has achieved its targeted coal production of 69 tonnes. According to a press release issued here, the target was achieved well in advance by March 23. In the ...

Idea Cellular offers unique service
HYDERABAD: Idea Cellular has come out with a unique service called `GaneshaSpeaks' which will enable subscribers to interact with an astrologer on a `real time' basis, unlike the mechanised version of pre-recorded predictions. According to a ...

Matrix Biosciences plant on stream
HYDERABAD: The Hyderabad-based Matrix Biosciences (earlier known as Matrix Vet Pharma) announced that its shrimp feed plant at Rajanagaram (near Rajahmundry) has gone on stream recently. Originally started as a formulations and medicaments ...

Other Stories

All time record for Malabar Cements

Tata Tea launches new variety

Cadbury hopes to retain market share

Canara Bank launches loan scheme

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