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ITC net up 18 pc at Rs 1,190 cr -- To pay dividend of 135 pc
ITC Ltd has recorded a post-tax profit of Rs 1,190 crore, an increase of 18 per cent over last financial year's Rs 1,006.26 crore, for the 12 months ended March 31. The gross turnover has increased by 13 per cent to Rs 9,840 crore (Rs 8,827 ...
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SEBI warns Balaji Tele lead managers
THE Securities and Exchange Board of India (SEBI) has issued warning against three merchant bankers for violation of due diligence obligation in the case of Balaji Telefilms Ltd's (BTL) initial public offer (IPO). The three lead mangers are JM ...
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`Textual errors' in Patents Bill
CAN the President of India give his assent to the Patents (Second Amendment) Bill endorsed by Parliament recently? On the face of it, he cannot — because it contains textual errors and, therefore, cannot be said to represent accurately ...
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Stocks slide continues
THE slide in stock prices continued for the seventh trading session in a row today, pushing the BSE Sensex down by 11 points in volatile trading. However, forex and security markets remained more or less stable. The Prime Minister, Mr A.B. ...
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Ramadorai at HLL marks an equaliser
HINDUSTAN Lever Ltd (HLL), by inducting Mr S. Ramadorai, Chief Executive Officer of Tata Consultancy Services, as an independent non-executive director on its board, has scored an equaliser. This is because about a year ago, Mr K.B. Dadiseth, ...
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Infrastructure sector posts 5.9% growth in April
THERE is some good news for the economy, with the six `core' infrastructure industries registering an overall growth rate of 5.9 per cent growth during April 2002, as against minus 0.3 per cent in the same period the previous fiscal. According ...
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Steel prices likely to go up
DOMESTIC steel prices, which have increased in two phases since the beginning of the current fiscal, are likely to go up further. In a surprising turn of events, the Indian steel industry, which was among those who cried the loudest following ...
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