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Tuesday, August 04, 2009
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Exports decline by 28 % in June
Continued economic slowdown and recession in the U.S. and EU impact
Range of modular switches from Philips
Companies Bill reintroduced
Assocham seeks sops for textile sector
OIL looking for blocks in India, abroad
Sensex nearing 16000
Firm global cues help the surge
FTP: Sharma to meet industrialists
NEW DELHI: The Board of Trade, headed by the Union Commerce and Industry Minister, Anand Sharma, and noted industrialists like Anand Mahindra, Azim Premji and Y. C. Deveshwar will meet on August 10 to discuss the forthcoming Foreign Trade ...
Tata’s unique approach to innovation
CHENNAI: Innovation as a business model would be the key focus of the Tatas in the coming decade, asserted R. Gopalakrishnan, Executive Director of Tata Sons, the holding company of the Tata Group companies. Presenting the Tata ...
L&T bags Rs. 5,300 cr ONGC order
MUMBAI: Larsen & Toubro (L&T) has won two major offshore platform contracts from the Oil and Natural Gas Corporation (ONGC), aggregating over Rs. 5,300 crore ($1.18 billion). The company secured a turnkey order for the Mumbai ...
Daiichi wins patent battle
TOKYO: Japanese drug major Daiichi Sankyo said on Monday a U.S. Court has ruled in its favour in a patent litigation related to the anti-hypertensive drug, Benicar, against Mylan Inc and its Indian subsidiary, Matrix ...
Allahabad Bank raises Rs. 450 crore
KOLKATA: Allahabad Bank has raised Rs. 450 crore of subordinated debt at a coupon rate of 8.45 per cent per annum, payable annually. The bond issue opened for subscription on July 28. As the issue was fully subscribed, it was closed on July ...
Amaraja Raja Batteries net jumps
CHENNAI: The net profit of Amara Raja Batteries has jumped to Rs. 42.57 crore in the quarter ended June 30, 2009, from Rs. 14.91 crore in the same period in 2008-09. Gross sales were higher at Rs. 352.56 crore against Rs. 383.57 crore. ...
Reliance Communications Q1 profit up
CHENNAI: Reliance Communications has reported 8.3 per cent rise in its net profit at Rs. 1,637 crore for the first three months ended June 30, 2009 against Rs. 1,512 crore in the year-ago period. Total revenue has risen by 15.5 per cent to Rs. ...
TVS Srichakra posts higher income
CHENNAI: TVS Srichakra has reported a higher total income of Rs. 158.48 crore for the quarter ended June 30, 2009 against Rs. 137.93 crore in the quarter ended June 30, 2008. The net profit after tax has risen to Rs. 6.85 crore from Rs. 2.30 ...
IRB Infrastructure income up
CHENNAI: IRB Infrastructure Developers, one of the largest toll road operating companies, has reported an 85 per cent rise in its total income (consolidated) of Rs. 436 crores in the first quarter ended June 30, 2009, against Rs. 236 crore in ...
Sun TV net profit rises
CHENNAI: Sun TV Network reported a 29 per cent rise in its revenues at Rs. 287.65 crore in the first quarter ended June 30, 2009, against Rs. 223.57 crore in the corresponding quarter in the previous year. The net profit too has risen by 17 ...
Take Solutions’ profit dips
CHENNAI: Take Solutions, a leading international business technology company, has posted a revenue of Rs. 81.27 crore for the quarter ended June 30, 2009, against Rs. 92.15 crore in the corresponding period in the previous year. The profit ...
Elgi Equipments first quarter net up
CHENNAI: Elgi Equipments has registered a higher net profit of Rs. 11.10 crore for the first quarter ended June 30, 2009, against Rs. 9.60 crore in the year ago period. The turnover was marginally lower at Rs. 130.70 crore against Rs. 131.50 ...
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