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BUSINESS
Focus should now be on reforms: industry
Corporates hail UPA’s confidence vote win

Sensex climbs over 250 points
MUMBAI: Hours before the verdict on the vote of confidence, investors gave a thumbs-up for survival of the government with BSE Sensex climbing over 250 points on Tuesday to regain the 14000 level, shrugging off political uncertainty. ...

Infosys to provide solutions to the power sector


Billing losses affect Tata Elxsi Q1 income
Recession in the U.S. has a lesser impact on the company

Other Stories



Barometer


Briefly
NIIT Technologies Q1 revenue up 7 p.c.
CHENNAI: NIIT Technologies has reported a consolidated revenue of Rs. 245.80 crore in the first quarter ended June 30, 2008, against Rs. 229.40 crore, a growth of 7 per cent. The operating profit grew 7 per cent to Rs. 45.60 crore from Rs. ...

Elnet Technologies proposes 20 % dividend
CHENNAI: Elnet Technologies (ETL), a listed entity, has reported a net profit of Rs. 3.66 crore for the year ended March 31, 2008, up from Rs. 3.63 crore in the previous year. The gross income is placed at Rs. 16.09 crore (Rs. 13.92 crore). ...

Redington to distribute Philips LCD monitors
NEW DELHI: Philips has appointed Redington India as its direct shipment distributor for its LCD monitors in India. Philips Electronics Singapore Pte Ltd said in a statement that the newly-appointed distributor will sell its entire range of LCD ...

Bartronics posts higher net profit in Q1
HYDERABAD: Bartronics India posted a net profit of Rs. 23.52 crore during the first quarter in 2008-09 against Rs. 4.76 crore in the corresponding period in the previous year, according to a release. Net sales shot up to Rs. 119.85 crore from ...

Invensys Rail opens engineering design centre
BANGALORE: U.K.-based Invensys Rail Group (IRG) has opened a business development and engineering design office at Bangalore. IRG already has a research and development centre in Hyderabad. President and CEO of IRG, James Drummond, said the ...

Indian Railways partners Max New York Life
CHENNAI: Indian Railway and Max New York Life Insurance have joined hands to provide passengers a new travel experience. Max New York Life will provide passengers on three routes of the premier Rajdhani Express trains — Delhi – ...

AAAI reappoints Madhukar as President
NEW DELHI: Advertising Agencies Association of India (AAAI), the apex body of the ad agencies in the country, on Tuesday announced the re-appointment of Madhukar Kamath as its President. Mr. Kamath, who is the Managing Director and Chief ...

M. L. Soneji joins BSE as COO
CHENNAI: Mahesh L. Soneji on Tuesday joined the Bombay Stock Exchange as the Chief Operating Officer. He is a Fellow member of ICSI, and an accomplished professional with over two decades of experience in the securities market , says a ...




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