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Sunday, July 28, 2002

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Bajaj Auto Q1 net at Rs 122 cr
BAJAJ Auto Ltd has reported a net profit of Rs 121.8 crore for the first quarter of 2002-2003 as compared to Rs 120.7 crore in the year-ago period. Sales and income from operations moved up to Rs 1,202.6 crore from Rs 914.9 crore. Wind power ... More

IDBI net drops 80 pc in Q1
THE country's largest term lending institution, Industrial Development Bank of India (IDBI), has ended the first quarter of the current fiscal with a near 80 per cent drop in net profit at Rs 38 crore. For the corresponding period of the ... More

Cos choose to outsource those routine chores
WITH more and more corporates opting to outsource basic administrative functions such as manpower management, general upkeep of their office premises, house-keeping, catering and so on, asset services in the form of facility and property ... More

Forex reserves up $817 m to touch $59.6 b
THE country's forex reserves are racing towards the $60-billion mark, having risen by $817 million to touch $59.606 billion for the week ended July 19, 2002, as compared to $58.789 billion in the previous week, according to the Weekly Statistical ... More

IPCL slips into red
INDIAN Petrochemicals Corporation Ltd (IPCL) has posted a net loss of Rs 6 crore for the quarter ended June 30, 2002 as against a net profit of Rs 13 crore in the corresponding previous quarter. The company was declaring its results for the ... More

No change in monsoon outlook, says Met Dept
THE India Meterological Department (IMD) has warned that there will be `no large change' in the southwest monsoon's activity during the coming week. In other words, there appears to be no immediate end to the prolonged dry spell that has affected ... More


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