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Banks may `lose interest' in cos
WOULD you believe it if you were told that four in every 10 companies in India are unable to make enough money to pay the interest on their borrowings? Are you incredulous? Some bankers too were surprised, when asked to comment on the results of ...
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Maruti second stage sell-off deferred
THE second stage of the Government's plan to divest its holding in the joint venture car-maker Maruti Udyog Ltd (MUL) has been deferred to the next fiscal, a senior official with the Ministry of Disinvestment has said. The Union Government had ...
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Differences over Budget proposals
WITH less than a month and a half to go before the Budget, sharp differences have emerged within the Government on three crucial Budget proposals pertaining to the restructuring of income-tax slabs, reduction in corporate tax rate and a change in ...
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Bajaj net up at Rs 108 cr in Q3
BAJAJ Auto Ltd (BAL) today reported a 279.81 per cent rise in profit after tax for the quarter ended December 31, 2001, to Rs 108.17 crore from the previous corresponding Rs 28.48 crore. When contacted, Mr Sanjiv Bajaj, Vice President ...
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It's a real slowdown at campuses
THE slowdown in the IT industry is casting long shadows on engineering and management campuses this year. There are fewer IT companies on campuses than last year. The few who do come make less number of offers than they used to. Anna ...
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54 pc drop in Sify Q3 loss
SATYAM Infoway Ltd (Sify) has reported a 54 per cent drop in net loss for the third quarter ended December 31, 2001 (as per US GAAP), as against the same period last year. Net loss for the period amounted to $8.2 million ($17.8 million). Total ...
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Tata Engg unveils Indica sedan
TATA Engineering and Locomotive Company Ltd (Tata Engineering) today unveiled the sedan version of the Indica at the ongoing 6th Auto Expo 2002. The car was unveiled by Mr. Ratan Tata, Chairman, Tata Engineering, at a function specially ...
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