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Tuesday, April 18, 2006

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TCS net profit up 50 p.c.
Announces 1:1 bonus issue and final dividend of Rs. 4.50 per share

Sensex zooms 302 points on encouraging corporate results
Heavy buying in blue chip stocks by domestic funds

Flextronics sells 85 p.c. in software unit
Deal valued at $900 million

ONGC enters into pact with TII
First Indian co. to make a commitment towards transparency

Rupee recovers
MUMBAI: Shrugging off high crude oil prices, the rupee on Monday rallied smartly on the back of bunched up dollar supplies from the long holiday weekend amid a retreating dollar overseas in fairly active trading at the interbank foreign exchange ...

India keen to step up tea exports to Pakistan
Talks on to work out a zero import duty structure

Other Stories


SEBI directive to Coimbatore exchange
MUMBAI: The Securities and Exchange Board of India on Monday named a three-member committee to undertake day-to-day operations of the Coimbatore Stock Exchange (CSX). The board also refrained the exchange from taking any action pursuant to the ...

Oil price hits $70
LONDON: Crude oil futures hit $70 a barrel for the first time in seven-and-a-half months on Monday, pushed higher by concerns over declining gasoline stocks in the U.S., supply disruptions in Nigeria and tension over Iran's nuclear programme. ...

Power regulators to meet
NEW DELHI: Central and State power sector regulators will meet here on April 20 and 21 to chalk out a plan of action on various measures such as encouraging renewable energy sources outlined in the National Tariff Policy. ...

Eveready hikes battery prices
MUMBAI: In order to neutralise the impact of increase in the price of zinc, Eveready Industries India has increased the prices of all types of batteries by Re 1. ...

Hutch cuts SMS tariff across all plans
NEW DELHI: Hutch-Essar on Monday announced a 33 per cent reduction in SMS rates to Re. 1 from Rs. 1.50 across all post-paid and pre-paid plans. The new rates would be applicable from ...

Seminar on maintenance
COIMBATORE: The Confederation of Indian Industry and the TPM Club will organise a seminar here on April 21 and 22 on "Zero Breakdown-Planned Maintenance". The event will focus on equipment maintenance control system, periodic maintenance work ...

SEEM invites membership
COIMBATORE: The Society for Energy Engineers and Managers (SEEM), a professional association of Bureau of Energy Efficiency, has invited membership from certified energy managers, certified energy auditors and senior energy professionals. The ...

Chandra Hyundai plans another showroom
COIMBATORE: Chandra Hyundai, Hyundai Motor India's dealer for Coimbatore and Nilgiris Districts, plans another showroom-cum-service centre on Mettupalayam Road here. According to a release, it already has a showroom here and also at Tirupur and ...

Calsoft's rights issue
CHENNAI: California Software Company Limited (Calsoft) is coming out with a rights issue to meet its capital expenditure requirements. The issue will open on April 26 and close on May 25. The price per rights share will be Rs. 66, inclusive of ...

New Super Jumper ride at Veegaland
KOCHI: Veegaland has added one more ride to its range of rides. Super Jumper ride imported from Italy was inaugurated by film star Dileep, says a ...

Fruit nectar from Indage
KOCHI: Indage group has launched fruit nectar under the brand name Leh Berry. The juice is extracted from Seabuckthorn. Food products like sauces, cheese and pickles will reach the market by the year-end, said Vinod James, regional manager of ...

Goldman Sachs invests $17 m in JK Paper
CHENNAI: Goldman Sachs has invested $17 million (about Rs. 76 crore) in JK Paper through its investment arm in Mauritius. JK Paper recently concluded a $12 million GDR issue and a U.S. $5 million unsecured foreign currency convertible bond issue. ...

Intex to strengthen presence in South
CHENNAI: Intex Technologies (India) Ltd., a player in computer peripherals, has drawn up plans to substantially increase revenue from the south by strengthening its presence in the region. Addressing a press conference here on Monday, Narendra ...

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