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Saturday, April 23, 2005
Wipro net zooms 58 p.c.
Announces 1:1 bonus; cash dividend of Rs. 5 per share
Murugappa group to foray into steel making
Project to come up in Orissa; aiming at 3 million-tonne plant
U.K. firms sign biotech pacts
`Indian biotech firms should look at U.K. as business destination'
Sensex ends higher
MUMBAI: Led by Wipro, technology shares rallied smartly on the Bombay Stock Exchange on Friday pushing the Sensex further up by 47.37 points to close at 6346.57 on sharp buying activity. Positive global advices also aided the buoyant sentiment to ...
Aarti Drugs issues FCCBs
MUMBAI: Aarti Drugs, the Mumbai based pharma company, has issued and allotted foreign currency convertible bonds (FCCBs) for $12.75 million. The issue was fully subscribed. The said bonds were issued at Rs.170 which is at 32 per cent premium ...
CyberMedia IPO on May 4
NEW DELHI: Cyber Media (India), speciality media house, on Friday said that it would be tapping the equity market on May 4 with its public issue of 28.22 lakh equity shares. It would offer shares of Rs. 10 each at a premium of Rs. 50 per ...
UTI Bank's gesture for women
BANGALORE: UTI Bank has launched `Smart Privilege', a savings bank account designed specially for the discerning woman of today. The new account is positioned to enable her to manage her financial affairs efficiently and enjoy a host of ...
bmi to launch service from May 14
MUMBAI: The second-largest full service airline in the U.K., bmi, will launch its service from London Heathrow to Mumbai four times a week from May 14. This will signal the entry of bmi's long haul flights and competitive fares between London ...
Landmark Infotech opens office
COIMBATORE: Landmark Infotech Systems and Solutions, a group company of the retail major Landmark group, has opened an office in Coimbatore. It provided comprehensive IT solutions for the retail and service industries with special focus on point ...
Course in productive maintenance
COIMBATORE: The Coimbatore Productivity Council will conduct here a part-time advanced diploma course on `total productive maintenance' next month. It is designed for graduates and diploma holders employed in industries and professionals. The ...
NIIT's IT engagement with Holcim
CHENNAI: NIIT Technologies is scaling up its ongoing IT engagement with the global cement major, Holcim group to consolidate its data centre operations for the entire Asia Pacific region with the company. Till recently, the company was operating ...
Bharat Overseas Bank net down
CHENNAI: Bharat Overseas Bank today reported a lower net profit of Rs. 20.05 crores for 2004-05, down from Rs.35.08 crores. The Chairman of the bank, G. Krishna Murthy, attributed the lower net profit to higher provisions and contingences, which ...
Surana Telecom bags MTNL order
HYDERABAD: Surana Telecom has bagged an order worth Rs. 26 crores from MTNL, for supply of 75,000 handheld CDMA phones. Narender Surana, Managing Director, said in a release here on Friday that this was Surana's first order for handheld phones. ...
Coromandel Fertisers net profit up
HYDERABAD: Coromandel Fertilisers (Murugappa Group) has reported a 27 per cent growth in turnover to Rs.1,554 crores and 60 per cent in net profit to Rs. 69 crores for the year ended March 31, 2005. For the previous year, turnover was Rs.1,222 ...
NFCL gets re-certification
HYDERAABD: Nagarjuna Fertilizers and Chemicals Ltd. (NFCL) has been re-certified for ISO 9001:2000 by Bureau Veritas Quality International (BVQI) for its quality management systems. The company has been an ISO 9001:2000 organisation since 1995. ...
ONGC profits rise by 47 p.c.
NEW DELHI: The net profit of Oil and Natural Gas Corporation (ONGC) rose by 47 per cent to reach Rs. 12,725 crores during 2004-05 from Rs. 8,664 crores in the previous fiscal. Turnover also shot up by 43 per cent to Rs. 47,025 crores from Rs. ...
Godavari Fertilizers resumes dividend
CHENNAI: Godavari Fertilizers has announced a dividend of 10 per cent for the year ended March 31, 2005. The company has been paying dividend after a gap of four years. The company has achieved a turnover of Rs. 1,200.05 crores (unaudited) for ...
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