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Reserve Bank leaves rates unchanged
Indian banks do not have direct financial exposure to U.S. sub-prime assets, says Subbarao

Credit policy on expected lines: FM
Markets give ‘thumbs down’

Tata Steel net profit rises by 50 %
Higher proportion of value-added products and net realisation on blended items

HUL profit up 32% to Rs. 547 crore
MUMBAI: While input cost inflation, especially crude-based, peaked during the quarter, Hindustan Unilever’s (HUL) aggressive cost savings programme and pricing actions helped offset the impact. The company announced a net profit of Rs. ...

Linde group bets big on India
Zeroes in on electronic, solar photovoltaic cell units to sell gas

Maruti Suzuki puts up prices
NEW DELHI: Maruti Suzuki, which reported a 36.52-per cent dip in its net profit for the second quarter ended September, on Friday increased the prices of all its models, except for Swift Desire and Swift’s diesel version. The price ...

Barometer



Briefly
Sterlite Industries net profit up 18 %
MUMBAI: Sterlite Industries (India) has reported a net profit of Rs. 1,721 crore for the quarter ended September 30, 2008 against Rs. 1,574 crore in the same period in the previous year. Net sales were Rs. 6,594 crore against Rs. 6,567 crore ...

ITC net at Rs. 803 crore
KOLKATA: ITC posted a net post-tax profit of Rs. 802.7 crore in the second quarter of the current fiscal compared to Rs. 770.80 crore in the corresponding quarter in the previous year. Net income (including net sales and other operating ...

ABB India maintains revenue growth
MUMBAI: ABB India has reported a revenue of Rs. 1,559 crore for the third quarter ended September 30, 2008, against Rs. 1,393.30 crore in the same period in the previous year, a growth of 12 per cent. The profit after tax is lower at Rs. ...

TNPL profit rises 21 %
CHENNAI: Tamil Nadu Newsprint and Papers has earned a net profit of Rs. 40.27 crore for the quarter ended September 30, 2008 against Rs. 33.24 crore in the same period in the previous year. The turnover was higher at Rs. 288.82 crore against ...

AP Paper Mills second quarter net up
HYDERABAD: Andhra Pradesh Paper Mills has recorded a 32 per cent increase in its revenue for the second quarter of 2008-09 at Rs. 165.27 crore against Rs. 125.46 crore in the corresponding quarter last year. The net profit was Rs. 6.65 crore ...

German delegation visiting India
NEW DELHI: A 25-member business delegation from the German State of Rheinland-Pfalz will be visiting India from October 29 to November 4 during which they will visit Delhi, Chennai and Pune and hold talks with trade delegations on various ...

Timex Group gets new President
NEW DELHI: Timex Group India Ltd. (TGIL) on Friday announced the appointment of Gopalratnam Kannan as President of the group. He would be reporting to Kapil Kapoor, Managing Director, TGIL. Mr. Kannan has worked for Swatch Group India and ...




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