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Call for boosting trade with Hungary

Wipro logs 12 p.c. rise in net
Global IT services revenue fetches $910 m in third quarter

Supreme Court asks TVS Motor not to accept fresh orders for ‘Flame’
The Bench directs parties to complete the pleadings in five days

ITC benefits from growth in FMCG business
Records 16 p.c. rise in net profit to Rs. 831 crore

REL, RNRL report good performance
NEW DELHI: Anil Dhirubhai Ambani owned Reliance Energy Ltd. (REL) has posted a 50.02 per cent increase in profit after tax at Rs. 301.60 crore for the quarter ended December 31, 2007, as compared to Rs. 201.03 crore for the same quarter in ...

Other Stories


Government issues oil bonds
NEW DELHI: The Union Government on Friday issued bonds worth Rs. 11,256.92 crore to three PSU oil marketing companies to compensate them for under-recoveries due to rising global crude oil prices. ...

Navaratna status for NMDC soon
NEW DELHI: The Steel Ministry has cleared the decks for granting the ‘Navaratna’ status to NMDC and the Government is likely to issue a notification to this effect in the next few days, Steel Minister Ram Vilas Paswan said while ...

Inflation rate inches up to 3.79 p.c.
NEW DELHI: The rate of inflation based on the Wholesale Price Index inched up by 3.79 per cent during week ended January 5 from 3.5 per cent recorded in the previous week and 6.37 per cent in the same period a year ago. ...

Belgian firm buys stake in Indian cos.
NEW DELHI: Belgium’s Cockerill Maintenance and Ingnierie (CMI) has bought controlling shares in two Indian steel plant makers — Mumbai-based Flat Products Equipments (FPE) and its sister firm NT Strips & Automation — for ...

NIIT Technologies net profit at Rs. 35 crore
NEW DELHI: NIIT Technologies has reported a flat profit after tax at Rs. 34.70 crore for the quarter ended December 31, 2007, against Rs. 34.60 crore in the same quarter in the previous year. Its consolidated revenues improved to Rs. 233.80 ...

SPEL Semiconductor’s improved results
CHENNAI: SPEL Semiconductor has achieved better performance in the quarter ended December 31, 2007. Sales have grown by 29 per cent to Rs. 17.91 crore and the profit after tax by 66 per cent to Rs. 1.91 crore as compared to the same quarter in ...

Kavveri Telecom acquires Spotwave Wireless
CHENNAI: Kavveri Telecom Products has acquired Spotwave Wireless of the U.S and Canada for$7 million. This acquisition entitles Kavveri to the intellectual property, patents, trademarks, domain names and copyrights, technology, design and ...

Quintegra Soltuions enters the KPO segment
CHENNAI: Quintegra Solutions, a multi-skilled software service provider with a global presence, has announced the launch of its knowledge process outsourcing (KPO) services with an initial investment of Rs. 27 crore to start with. It plans to ...

Dragonair to launch new service to Bangalore
CHENNAI: Dragonair, an affiliate member of oneworld and a Hong Kong-based airline, has announced that it will fly passengers to and from India in May when it launches a new service to Bangalore. The service to Bangalore will commence on May 1. ...

Refex to issue shares to TV18
CHENNAI: Refex Refrigerants at its extraordinary general meeting held recently, has approved the issue or 2.75 lakh equity shares of Rs. 10 each at a premium of Rs. 190 per share to Television Eighteen India and its associates. The company ...

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