Financial Daily from THE HINDU group of publications
Thursday, July 17, 2003
Markets (July 16)
BL 2501325.84 (+15.81)
BSE Sensex3721.65 (+35.31)
S&P CNX Nifty1168.75 (+8.90)
US Dollar (Buy/Sell)46.15 (46.28)
Gold Std (10 gm)5260 (-70)

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PHARMACEUTICALS


Bal Pharma hikes dividend to 12 pc
THE board of Bal Pharma has approved 12 per cent dividend for the year ended March 31, 2003, up 2 per cent from the previous year. The Bangalore-based pharma company listed on the Bangalore and Bombay Stock Exchanges has posted 30 per cent ... More

SOFTWARE


Hughes Soft Q1 net rises 245 pc
THE communication software developer, Hughes Software Systems (HSS), on Wednesday announced a 245 per cent jump in its first quarter net profit, and scaled up sales and profit growth expectations for the current fiscal on the back of better than ... More

PRIVATE BANKS


Federal Bank Q1 net rises 115 per cent
THE net profit of the Aluva-based Federal Bank grew by 115 per cent to touch Rs 37.43 crore for the quarter ending June 30, 2003, as against the Rs 17.47 crore recorded during the corresponding quarter of the previous year. While the total ... More
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