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Friday, October 23, 2009
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Rising food prices push up inflation
Taming prices will be the prime challenge
Deceleration in credit growth — RBI
L & T’s Q2 net profit up 26 %
Gets large contracts from the hydrocarbon and power sectors
Narayana Murthy sells Infosys shares for Rs. 174 crore
NEW DELHI: Infosys chief mentor N. R. Narayana Murthy has sold 0.13 per cent of his stake in the company for Rs. 174.30 crore, which will be utilised for setting up a venture capital fund. Mr. Murthy has sold eight lakh shares of ...
Apparel exporters want higher drawback rates
NEW DELHI: The Apparel Export Promotion Council (AEPC) has urged the Centre to immediately increase the duty drawback rates for apparel exports to offset the losses being incurred by exporters due to appreciating value of the rupee. The ...
Sensex plunges 219 points
Continued sluggish global trend casts shadow
Vasavi Housing launches green home project
CHENNAI: Vasavi Housing Infrastructure on Thursday announced a Rs. 20 crore residential project ‘Anicham.’ A complete green house concept would be adopted for the whole project which consists of 54 apartments (2 and 3 bedrooms) at ...
Toshiba JSW raises $90 m for TN project
NEW DELHI: Toshiba JSW Turbine and Generators, a joint venture between JSW group and Toshiba Corporation of Japan, has signed a land lease agreement with the Tamil Nadu Government for setting up manufacturing facilities for steam turbines and ...
Wipro, DIAL form joint venture
CHENNAI: Delhi International Airport Limited (DIAL) and Wipro have announced a 10-year total outsourcing agreement to provide IT infrastructure and services for Indira Gandhi International Airport (IGIA), New Delhi. As per the agreement, IGI ...
Coromandel International H1 sales dip
CHENNAI: Coromandel International (formerly Coromandel Fertilisers) has reported a sales turnover of Rs. 3,273.15 crore in the first half year ended September 30, 2009, against Rs. 4,791.87 crore in the year-ago period. The net profit stood ...
Jump in Everonn second quarter profit
CHENNAI: Everonn has registered a net profit of Rs. 11.78 crore for the quarter ended September 30, 2009, against Rs. 5.04 crore in the corresponding period in the previous year. The turnover has more than doubled to Rs. 73.13 crore from Rs. ...
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