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Wednesday, July 30, 2008
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‘Rate hikes can impact growth and investment’
Professional Management opens BPO facility
CHENNAI: Professional Management Consultants (PMC), part of Sundaram Business Services Ltd., (SBSL), the BPO arm of Sundaram Finance, has opened a new BPO facility in Chennai. This is the fifth delivery centre of Sundaram BPO in the city, ...
SPEL Semiconductor posts higher net
CHENNAI: SPEL Semiconductor has reported sales of Rs. 21.83 crore in the three months ended June 30, 2008, against Rs. 14.93 crore in the corresponding period in the previous year. The profit after taxation was Rs. 2.05 crore against Rs. 61 ...
Corporation Bank Q1 net at Rs. 184 crore
CHENNAI: Corporation Bank has reported a net profit of Rs. 184.30 crore in the three months ended June 30, 2008, against Rs. 177.11 crore in the corresponding period in the previous year. Total income has increased to Rs. 1,446.28 crore from ...
Elgi Equipments sales up 22 %
CHENNAI: Elgi Equipments, a leading manufacturer of air compressors and automotive equipment, has reported a profit after taxation of Rs. 9.60 crore in the quarter ended June 30, 2008, against Rs. 7.80 crore in the corresponding period in the ...
Wartsila acquires Vik-Sandvik
CHENNAI: Wartsila has acquired the global ship design group, Vik-Sandvik, an independent group providing design and engineering services to ship owners and the ship building industry worldwide. According to a release, the value of the ...
16 % rise in Hindalco first quarter net
MUMBAI: Hindalco Industries’ net sales and operating revenues remained flat at Rs. 4,647.50 crore during the quarter ended June 30, 2008. The profit after tax at Rs. 696.80 crore was up 16 per cent against Rs. 598.60 crore, according to ...
Havells profit after tax rises by 28 %
NEW DELHI: Electricals and power equipment maker Havells India has posted a 17 per cent increase in net revenue at Rs. 553.39 crore in the April-June quarter of the current fiscal, while its profit increased by 28 per cent to Rs. 40.73 crore. ...
Megasoft net profit up 28 % in Q2
HYDERABAD: Megasoft, an IT services and telecom company, posted a net profit of Rs. 12.10 crore in the second quarter of the current fiscal (the company follows calendar year as its financial year), 28 per cent more than Rs. 9.45 crore ...
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