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Tuesday, October 31, 2006
Sensex scales 13000
Excellent corporate results, FII inflows aided the bull-run
Tata Motors' net up 31 p.c.
Scans the globe to source components and raw materials
SAIL net up 28 p.c. in Q2 at Rs. 1,443 cr.
Achieves highest-ever net profit during the first half
ITC posts higher profit
Non-cigarette business drives growth
Tata Steel maintains profit
`Working with Corus, there will be major R&D improvement'
Indian Bank H1 net profit up 38 p.c.
Total business moves up 21 p.c.
RBI releases mid-term report
MUMBAI: The Reserve Bank of India on Monday released the document `Macroeconomic and Monetary Developments: Mid-Term Review 2006-07' to serve as a backdrop to the Mid-Term Review of the Annual Policy Statement for 2006-07, being announced on ...
Booklet on medicines
NEW DELHI: The Department of Chemicals and Petrochemicals has brought out a booklet of medicines whose prices have been voluntarily reduced by the pharma companies. The booklet will be released by the Minister of Chemicals and Fertilizers and ...
Rajiv buys majority stake in Asianet
THIRUVANANTHAPURAM: Former CEO of BPL Mobile, Rajiv Chandrasekhar, has acquired 51 per cent stake in Asianet Communications to become the Chairman of the leading Malayalam television channel, an Asianet release said here. ...
Mittal elects new directors
ROTTERDAM: Shareholders of Mittal Steel elected a new board of directors of nine members, including a top French entrepreneur in the luxury products sector, during a special general assembly here on Monday. The nine new board members from Mittal ...
Madras Cements' profit zooms
CHENNAI: Madras Cements has posted a net turnover, including other income, of Rs. 408.94 crore for the quarter ended September 30, 2006, against Rs. 247.11 crore in the corresponding period of the previous year, an increase of 65 per cent. The ...
L&T inaugurates switchgear factory in China
MUMBAI: Larsen & Toubro (L&T) has, on October 30, inaugurated a state of-the-art factory for low voltage switchgear at Wuxi in the Jiangsu province of China. Set up as a wholly owned subsidiary, Larsen & Toubro (Wuxi) Electric Company Lt
HCL's facility in Uttaranchal
CHENNAI: HCL Infosystems on Monday launched its manufacturing facility in Uttaranchal. Spread over 10 acres of land in the SIDCUL industrial estate at Pantnagar in Rudrapur, this facility would enhance the overall capacity of HCL to two million ...
Henkel bets on industrial adhesives business
CHENNAI: The 12 billion-euro Germany-based Henkel sees India a growing and potential market for its consumer products and industrial adhesives businesses, according to Ulrich Lehner, Chairman of the management board of the company. Mr. Lehner, ...
CUB fixes cap on foreign investors
CHENNAI: City Union Bank, at its board meeting held on October 30, fixed a maximum investment limit of 26 per cent of the paid up capital of the bank for foreign investors. The present shareholding of the foreign Investors stands at 5.81 per cent ...
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