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Tuesday, January 25, 2005
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Maruti third quarter net jumps to Rs. 240 crores NEW DELHI, JAN. 24. Maruti Udyog today said that it recorded a 70.3 per cent growth in net profit at Rs. 239.66 crores for the third quarter ended December 31, 2004 in comparison to the same period in the previous fiscal. Even as the total ... Provisioning prunes Canara Bank's net profit BANGALORE, JAN. 24.Canara Bank has reported a lower net profit of Rs. 273.98 crores in the third quarter ended December 31, 2004 against Rs. 372 crores in the same quarter in the previous year. The total income has increased from Rs. 2,201.80 ... Montek for Rail Tariff Regulatory Authority NEW DELHI, JAN. 24. The Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, today called for transforming the Indian Railways in the Eleventh Five Year Plan by benchmarking its all round improvement in terms of expansion, ... Sensex drops 77 points on selling pressure MUMBAI, JAN. 24. Led by the banking sector, the Sensex continued the downdrift after a promising start and ended 77 points down on fresh selling pressure from operators and institutional investors. The market failed to sustain the uptrend ... 
Mobile phone with harmless radiation launchedMUMBAI, JAN. 24. Cricket celebrity Sachin Tendulkar today launched "the world's first state-of-the-art cell phone with harmless radiation." The cell phone has been manufactured by G-Hanz of Germany. After India, this phone would be launched in ... Other Stories
Barometer Briefly Norms for UCBs relaxed MUMBAI, JAN. 24.The Reserve Bank of India today decided to allow scheduled primary (urban) co-operative banks having a minimum net worth of Rs. 50 crores instead of Rs. 100 crores as at present, to undertake insurance agency business without risk ... Payment to depositors MUMBAI, JAN. 24.The Reserve Bank of India today informed that the depositors of Aurangabad Peoples' Cooperative Bank Ltd., Aurangabad, Maharashtra, would get up to Rs.1 lakh, as the central bank cancelled its licence. A requisition has been ... Glenmark study on asthma drug MUMBAI, JAN. 24. Glenmark Pharmaceuticals SA of Switzerland, a subsidiary of Glenmark Pharmaceuticals Ltd., has completed the first phase of dosing studies on its oral PDE4 inhibitor `GRC 3886,' for treatment of asthma. In pre-clinical trials, ... Third MD for LIC MUMBAI, JAN. 24.T. S. Vijayan has taken over as the Managing Director of Life Insurance Corporation, taking the total number of MDs in the public sector insurance giant to three. The other two MDs of LIC are: A. K. Shukla and K. Sridhar. ... TVS Star launched in Vellore VELLORE: TVS Star, the new 100 cc four-stroke motorcycle manufactured by the TVS Motor Company was launched in Vellore by C. Gnanasekharan, MLA, on Saturday. The new bike whose ex-showroom price is Rs. 30,990 will offer its customers fuel ... Seminar on cargo transportation COIMBATORE: The Confederation of Indian Industry (CII), Coimbatore, will conduct here a seminar on "risk management in cargo transportation" on January 29. Credit insurance, insurance claims management and international and domestic trends in ... SAIL Employees' Association office-bearers COIMBATORE: The following have been elected office bearers of the Steel Authority of India Employees' Association for 2005 at the general body meeting of the association held here on Wednesday: President: P. P. Balan, Vice-President: C. Thomas, ... Sundaram Brake pays 50 p.c. interim CHENNAI: Sundaram Brake Linings has reported higher turnover and profits in the quarter ended December 31, 2004. Domestic sales were higher at Rs. 19.54 crores against Rs. 18.99 crores in the same period in 2003-04. Exports were up at Rs. 13.66 ... Shasun Chemicals Q3 profit up CHENNAI: Shasun Chemicals and Drugs has achieved a net profit of Rs. 9.01 crores for the quarter ended December 31, 2004 against Rs. 5.50 crores in the corresponding period in 2003-04. The turnover has increased to Rs. 78.24 crores from Rs. 70.83 ... Other Stories
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