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Friday, January 14, 2005
TCS reports Rs. 644-crore net profit in Q3
MUMBAI, JAN. 13.Tata Consultancy Services (TCS), aided by a gradual shift to offshore business and improved margins, has reported an improved performance for the third quarter of 2004-05. The company reported a net profit of Rs. 643.81 crores on ...
Patil to head UTI-AMC
NEW DELHI, JAN. 13.R. H. Patil, the first Managing Director and Chief Executive Officer of the National Stock Exchange of India Limited (NSEIL), has been appointed as the Chairman of the Unit Trust of India (UTI) Asset Management Company. He ...
Anil Ambani fires fresh salvo at Mukesh
NEW DELHI, JAN. 13.The Vice-Chairman of Reliance Industries Ltd. (RIL), Anil Ambani, today fired another salvo at his elder brother, Mukesh Ambani, accusing a key director of one of the group companies of sullying the group's image. Anand ...
BSNL, MTNL to launch broadband services
NEW DELHI, JAN. 13. The Communications and Information Technology Minister, Dayanidhi Maran, will launch broadband services by the two public sector phone companies Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited ...
CMIE's GDP forecast
MUMBAI, JAN. 13. Backed by investment activity and healthy performance of services sector, the economy is expected to grow at 6.2 per cent in 2004-05, according to the Centre for Monitoring Indian Economy. The country is likely to register a ...
To sell stake in Swaraj Mazda
NEW DELHI, JAN. 13. Punjab Tractors today said its board has agreed to sell 48 per cent stake in light commercial vehicle venture Swaraj Mazda to its joint venture partner Sumitomo Corporation of Japan. The company's board, which met yesterday, ...
SM Dyechem unit in RIL fold
MUMBAI, JAN. 13. Reliance Industries has acquired the assets of glycol division of SM Dyechem from Industrial Development Bank of India for a consideration of about Rs. 100 crores.
MUMBAI, JAN. 13.Standard Chartered today announced the formation of a new South Asia region, which comprises India, Nepal, Sri Lanka, Bangladesh and Afghanistan effective March 1. Jaspal Bindra, now Global Head of client relationships in ...
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