The Hindu Business Line : Friday, July 02, 2004

SOFTWARE
Future Soft back in black
CHENNAI-based Future Software Ltd is back in the black after three years. It is also on a recruitment spree, and hopes to add about 200 employees in nine months. This follows a revival in the global telecom sector that helped Future Software to ... More

LEATHER
VIP net up 43% at Rs 6.62 crore
VIP Industries Ltd has reported a 43 per cent increase in net profit at Rs 6.62 crore for the year ended March 31, 2004 as against Rs 4.14 crore in the year ended March 31, 2003. Total income decreased from Rs 282.52 crore to Rs 275.09 crore in ... More

HOUSING FINANCE
GIC Housing proposes 1:2 rights issue — Net at Rs 11.11 cr; to pay 15 pc
GIC Housing Finance Ltd plans to go for a rights issue in the ratio of one share for every two shares held. The company's board has approved the proposal but the pricing of the issue and other details are yet to be decided. The board has, ... More

PRIVATE BANKS
Centurion Bank loss widens on higher provisioning
FOLLOWING higher provisioning, Centurion Bank has posted a net loss of Rs 105.14 crore for the year ended March 2004, compared to a net loss of Rs 25.36 crore in the previous year. The bank made provisions of Rs 117 crore during the year under ... More

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