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BUSINESS
Wipro net up at Rs. 3,899 crore
The performance has been 'robust', says azim Premji

Tech Mahindra open offer from June 12
To acquire 19.9 crore shares at a price of Rs. 58 a share

Goldman Sachs sees signs of U.S. recovery
HYDERABAD: As the U.S. economy continues to be hit by the financial meltdown, the Goldman Sachs Group sees some “hopeful signs” of recovery from recession. The turnaround may have already started as seen by the slowdown in ...

Crisis of confidence hits bank lending
NEW DELHI: IIFCL (India Infrastructure Finance Co. Ltd.) Chairman S.S. Kohli on Wednesday advised banking institutions to strengthen their internal credit rating systems to minimise risk weightage and halt loan defaults. Releasing a study ...

HCL Tech net drops to Rs. 153 cr in Q3
Pays Re. 1 per share interim dividend; hires 2,298 employees

Shree Cement to expand capacity
Plans to set up two greenfield plants

Sabari group’s project at Siruseri
CHENNAI: Sabari Group, which has interests in hotels, supermarkets and property development, is coming out with a residential project at Siruseri, near Chennai. Addressing presspersons here on Wednesday, K. R. V. Ramani, Chairman and ...

Cryolor to start India operations


Other Stories



Barometer


Briefly
ACC net up 23 per cent
CHENNAI: ACC reported a consolidated turnover of Rs. 2,164 crore in the first quarter ended March 31, 2009, against Rs. 1,896.48 crore in the corresponding period in the previous year, a growth of 14 per cent. The profit before tax has ...

iGATE revenue at $44 million in Q1
BANGALORE: iGATE Corporation, the integrated technology and operations (iTOPS) company, has reported revenue from continuing operations of $44.8 million for the first quarter ended March 31, 2009, as compared to $55.6 million in the same ...

Escorts half-yearly profit at Rs. 7 crore
NEW DELHI: Escorts reported a profit of Rs. 7.48 crore for the half-year ended March 31, 2009. The profit before tax stood at Rs. 16.46 crore against Rs. 6.77 crore in the corresponding period in the previous year. The total half yearly ...

State Bank of Mysore net at Rs. 337 crore
BANGALORE: State Bank of Mysore has reported a net profit of Rs. 336.91 crore in 2008-09, an increase of six per cent over the previous year. The board has recommended a dividend of 100 per cent. The bank made an operating profit of Rs. 653.52 ...

Dr. Reddy’s launches Redispar
HYDERABAD: Dr. Reddy’s Laboratories has launched Redispar (Doxercalciferol) which is used in the treatment of secondary hyper parathyroidism. It occurs due to chronic kidney disease. It is available in soft gelatin capsule form and in ...

iSOFT wins two Latin American projects
CHENNAI: iSOFT, an IBA Health Group company, won a fourth contract in Mexico and first in Honduras to provide healthcare IT solutions. The initial value of these two contracts is A$ 500,000 ($349,651), according to a company release. — ...

New CEO for Symbiotic InfoTech
CHENNAI: The Chennai-based Symbiotic InfoTech, a provider of value-added services (VAS) in the telecom space, has appointed Sunil Kumar as the Chief Executive Officer of the company. He will be a part of the senior management and will be ...




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