The Hindu Business Line : Tuesday, July 23, 2002

HLL net falls 4 pc in Q2
HINDUSTAN Lever Ltd (HLL) today reported a 4.12 per cent decline in net profit at Rs 447.34 crore for its second quarter (Q2) ended June 30, 2002, as against the previous corresponding Rs 466.59 crore. However, when exceptional item of Rs 46.87 ... More

Stocks take an all-round battering
THE wave of negative sentiment sweeping across world equity markets in the wake of the mayhem in corporate America, battered Indian stocks too with the 30-share BSE Sensex losing 77 points on the opening day of the week. The bearish sentiment ... More

US lifts travel advisory on India
THE US today announced lifting of the nearly two-month-old travel restrictions to India and said its Government employees and their families who were asked to leave the country in the wake of heightened Indo-Pak tensions may return. "The ... More

Nordisk suspends Dr Reddy's molecule trials
IN what could be a major blow to the basic drug discovery activities of Dr Reddy's Laboratories Ltd, global pharmaceutical giant Novo Nordisk announced its decision to suspend the ongoing clinical trials on the anti-diabetic molecule of Dr ... More

Maruti rides into black with excise bonanza
AUTOMOBILE major, Maruti Udyog Ltd, has steered into the black by achieving a net profit of Rs 104.5 crore in 2001-02, on a total revenue turnover of Rs 9,410.3 crore. The company had registered a net loss of Rs 269 crore in the previous year on ... More

Bayer's offer for Aventis `delayed'
BAYER CropScience AG today said its proposed open offer to the shareholders of Aventis Crop Science India Ltd will be "delayed" due to additional information required by the Securities and Exchange Board of India (SEBI) from Ambit International, ... More

WorldCom has paid over Rs 300 cr: VSNL
VIDESH Sanchar Nigam Ltd (VSNL) today said it has so far received over Rs 300 crore from WorldCom, the US telecom carrier which has filed for bankruptcy. In a statement here today, VSNL said it was closely monitoring the situation and was in ... More

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