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CORPORATE RESULTS
TELECOMMUNICATIONS
Tata Tele (Maharashtra) loss widens
TATA Teleservices (Maharashtra), earlier Hughes Telecom, has reported a net loss of Rs 124.74 crore for the quarter ended March 31, 2003, despite a 45 per cent increase in income from operations. The net loss during the fourth quarter of the ...
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PRIVATE BANKS
J&K Bank net up 30 pc; to pay 60%
JAMMU and Kashmir Bank (J&K Bank) has recorded a net profit of Rs 337.75 crore for the fiscal 2002-03, a 30-per cent growth over Rs 259.80 crore for the previous year. The board of directors of the bank which met in Srinagar to adopt the ...
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PUBLIC SECTOR BANKS
Union Bank net up 79 pc on treasury gains
UNION Bank of India has recorded a 79-per cent growth in net profit for the quarter ended March 31, 2003, at Rs 201.84 crore, primarily led by a 157-per cent jump in other income and treasury profits. In the corresponding period of the ...
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