Financial Daily from THE HINDU group of publications
Thursday, October 17, 2002
Markets (Oct. 16)
BL 2501040.26 (-1.25)
BSE Sensex2994.99 (-8.40)
S&P CNX Nifty973.60 (+1.15)
Dollar (Buy/Sell)48.35/48.48
Gold Std (10 gm)5175 (-45)

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Hughes Tele reports lower net loss in Q2
HUGHES Tele.com, basic telephony operator in the circles of Maharashtra and Goa, has reported lower net loss and higher operating profit for the quarter ended September 30, 2002, as compared to its performance during the corresponding quarter of ... More

SOFTWARE


Sonata to pay 20%, Q2 net up
SONATA Software, a software services company based here, has reported a sequential growth of 21.64 per cent in net profits and 8.14 per cent in revenues for the second quarter ending September 30, 2002 over the pervious quarter. Net profits ... More

PAINTS


Asian Paints net up 39% on cost-efficiency moves
COST efficiency initiatives and better overhead management have helped Asian Paints (India) Ltd to report a 39 per cent increase in net profit at Rs 41.31 crore for the second quarter ended September 2002 compared to Rs 29.62 crore earned in the ... More
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