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L&T’s Q4 profit up at Rs. 1,142 crore
E&C division drives performance

SAIL records 37 % fall in fourth quarter profit
Board recommends a final dividend of Rs. 1.30 per share

PTC to raise Rs. 500 crore
NEW DELHI: PTC India (formerly Power trading Corporation of India) on Thursday said the committee of board of directors had approved to raise up to Rs. 500 crore by way of allotment of 6.67 crore shares of Rs. 75 a share through qualified ...

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Barometer


Briefly
Tata Tele partners ICICI Bank
NEW DELHI: Tata Teleservices has partnered ICICI Bank to offer mobile banking services to its Tata Indicom subscribers registered for mobile banking with the bank. “The subscribers can now manage their finances while on the move by using ...

Karur Vysya Bank Q4 net up 19 per cent
CHENNAI: Karur Vysya Bank has reported a rise of 19 per cent in its net profit at Rs. 83.82 crore in the fourth quarter ended March 31, 2009, from Rs. 70.54 crore in the year-ago period. For 2008-09, it has posted a net profit of Rs. 235.84 ...

LVB recommends Rs. 2.50 per share dividend
CHENNAI: Lakshmi Vilas Bank has registered a net profit of Rs. 50.30 crore in 2008-09 against Rs. 25.27 crore in 2007-08, says a release. Total income has risen to Rs. 764.60 crore from Rs. 588.53 crore. Interest on advances has risen to Rs. ...

Dhanalakshmi Bank in pact with Bajaj Allianz
CHENNAI: Dhanalakshmi Bank joined hands with Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. According to a release, the bank would make available the co-branded product `Dhanam Suraksha,’ a health insurance with a ...

IBM unveils infrastructure lab in Pune
CHENNAI: IBM has unveiled its dynamic infrastructure lab in Pune. According to a release, the lab aims to help organisations deliver the visibility, control and automation needed to address quality service, manage risk and compliance besides ...

TN Newsprint recommends Rs. 4.50 per share
CHENNAI: Tamil Nadu Newsprint and Papers (TNPL) has recommended a dividend of Rs. 4.50 per share for the year ended March 31, 2009, same as previously. According to a release, total income has risen to Rs. 1,096.81 crore from Rs. 968.53 crore. ...

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