Online edition of India's National Newspaper
Saturday, October 28, 2006
Suncity among 44 SEZs approved
Ansals, Wockhardt and Parsvnath in the list
Parsvnath to tap market
A part of the proceeds will be utilised for servicing debt
Dr. Reddy's posts Rs. 2,000 cr. sales in second quarter
Global business accounted for 88 p.c. of total revenue
Sensex spurts 208 points
MUMBAI: Outstanding earnings by some major corporates, including Bharti Airtel, prompted the Bombay Stock Exchange to discount weak global cues and the Sensex advanced by a huge 208 points to 12906.81 on Friday. The BSE 30-share sensitive ...
Inflation rate rises to 5.26 p.c.
NEW DELHI: The inflation rate rose to over three months high of 5.26 per cent for the week ended October 14, from 5.16 per cent in the previous week owing to increase in the prices of food and manufactured items. ...
Forex reserves up $1.20 b
MUMBAI: India's forex reserves shot up by $1.202 billion to stand at $166.153 billion during the week ended October 20 as against $164.951 billion during the week ended October 13. ...
SEBI withdraws facility
CHENNAI: The Securities and Exchange Board of India has decided to withdraw the facility of operating a Beneficiary Owner (BO) Account without PAN (Permanent Account Number) enjoyed by NRIs/PIOs in view of a new facility offered by the Income ...
RBI directive to NBFCs
MUMBAI: The Reserve Bank of India on Friday asked non-banking financial companies (NBFCs) to give 30-day public notice before effecting any change in their management or control structure. ...
Sun TV second quarter net up 43 p.c.
CHENNAI: Sun TV has achieved an increase of 43 per cent in profit after tax at Rs. 47.96 crore against Rs. 33.61 crore. The total income has increased to Rs. 105.90 crore from Rs. 83.21 crore. The operating profit has increased by 26 per cent to ...
MG Trident Tooling's facility in Chennai
CHENNAI: MG Trident Tooling India, a joint venture between MG of the U.S and Trident Tooling of Australia, is setting up its manufacturing facility near Chennai. M. K. Mohan, the Indian director, is taking up 10 per cent equity in the company. ...
Novo Nordisk's insulin for pregnant women
CHENNAI: Novo Nordisk announced that the European Commission has approved the rapid-acting insulin NovoRapid (insulin aspart) for use by pregnant women with diabetes. NovoRapid is a modern insulin that has a label stating it can be used in ...
IIFC steps to deliver infrastructure projects
CHENNAI: The newly incorporated India Infrastructure Finance Company of India Ltd. (IIFC) on Friday executed an agreement with Infrastructure Leasing & Financial Services Ltd. (IL&FS) to originate, appraise and mobilising resources for ...
BEML Q2 net at Rs. 36 crore
BANGALORE: Bharat Earth Movers Ltd. has posted a sales turnover of Rs. 1,013.56 crore with a net profit of Rs. 51.58 crore for the half year ended September 30, 2006. The value of production for the current period is Rs. 1,051.23 crore against ...
Alchemist board proposes 1:1 bonus
CHENNAI: The board of directors of Alchemist (formerly Toubro Infotech & Industries) has proposed a bonus issue of shares in the ratio of one share for every equity share held (1:1). It has also approved an interim dividend of 50 per cent, that
BHEL bags Rs. 950 cr. order
TIRUCHI: BHEL has secured an order worth Rs. 950 crore for setting up a 99 MW captive power plant on EPC (engineering, procurement and construction) basis. he power plant will be equipped with eco-friendly, state-of-the-art circulating fluidised ...
Royal Orchid Hotels posts Rs. 6.68 cr. net
BANGALORE: The Royal Orchid Hotels Ltd. (ROHL) has posted a net profit after tax of Rs. 6.68 crore during the first half compared with Rs. 3.64 crore for the corresponding period last year. "ROHL has been consistently maintaining healthy ...
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