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Tuesday, April 21, 2009
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BUSINESS
TCS reports 7 % rise in Q4 profit at Rs. 1333 cr
Crosses $6 billion milestone in revenues

Tech Mahindra to announce open offer for Satyam today
Deposits initial subscription amount of Rs. 1,756 crore in escrow account

Less than optimistic sentiment to prevail: Reserve Bank
‘The prospects for agricultural production remain satisfactory’

Tata Teleservices offers GPS service


Shikha named Axis Bank’s MD and CEO
MUMBAI: Private sector lender Axis Bank on Monday said its board had recommended the appointment of Shikha Sharma, now chief of the ICICI group’s life insurance business, as its next Managing Director and CEO. The bank’s ...

Profit booking pares early gains
MUMBAI: The Bombay Stock Exchange 30-share Sensex fell below the 11000-level on Monday as the market shed early gains due to profit taking in afternoon trade, following weak European cues. After hitting the intra-day high of 11209.66 in ...

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Barometer


Briefly
Polaris net up; pays Rs. 1.25 final dividend
CHENNAI: Polaris Software has reported a profit after tax of Rs. 130.71 crore in the 12 months ended March 31, 2009, against Rs. 73.22 crore in the corresponding period in the previous year, a growth of 79 per cent. Income grew by 25 per cent ...

Axis Bank posts Rs. 1,815 crore net
CHENNAI: Axis Bank has posted a net profit of Rs. 1,815.36 crore for the year ended March 31, 2009, as compared to Rs. 1,071.03 crore in the same period in the previous fiscal. Total income has increased to Rs. 13,732.36 crore from Rs. ...

BEML establishes assembly unit in Brazil
BANGALORE: BEML has established an assembly unit, BEML Brasil Industrial LTDA, in Rio de Janeiro, recently. The unit will promote BEML products and offer after-sales support in Brazil and other Latin American markets. BEML expects to achieve ...

Bajaj group to float asset management co.
MUMBAI: Bajaj Finserv (BFS), the financial services arm of the Bajaj group, and Allianz Global Investors AG (AllianzGI), a leading global asset management company, on Monday signed an agreement to set up an asset management joint venture ...

Workshop on cost effective packaging
CHENNAI: The Indo-Australian Chamber of Commerce is organising a workshop on ‘cost effective packaging and forwarding in the present economic crisis’ on April 24 in Chennai. Leading companies and experts on packaging and logistics ...

Raymond appoints new President-Finance
MUMBAI: Raymond has announced the appointment of S. Raghunathan as President-Finance for the group. Mr. Raghunathan has over two decades of experience in the field of finance and has spent the last 16 years with Hindustan Unilever in the ...




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