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Saturday, January 22, 2005

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Reliance Ind net leaps 52 pc in third quarter on higher margins
RELIANCE Industries Ltd (RIL) has posted a 52 per cent rise in its third quarter net profit, over the year-ago period, riding on higher petrochemicals margins and fuel sales. The country's largest private sector company had a net profit of Rs ... More

Wipro clocks 56 pc rise in Q3 net at Rs 427 cr
WIPRO Ltd posted a 56-per cent growth in net profit and a 39-per cent increase in revenue for the third quarter ending December 2004, beating expectations. Third-quarter net profit in fiscal 2005 stood at Rs 426.8 crore on revenues of Rs 2,110 ... More

Investments in Reliance Infocomm — `No violation of corporate governance norms'
INVESTMENTS in Reliance Infocomm are in line with the corporate governance norms according to legal opinion sought by Reliance, said Mr Y.P. Trivedi, Independent Director on the Reliance Industries board. "We sought opinions from the former ... More

The nation that talks a lot
WHEN it comes to talking on the phone, Indians are among the heavy users in the world. According to data compiled by the Telecom Regulatory Authority of India, Indian subscribers are the fifth heaviest phone users at 309 minutes per month per ... More

AES Corp, CLP Power are back; bid for UP project
POWER utilities AES Corporation of US and Hong Kong-based CLP Power International that had packed their bags in the wake of policy bottlenecks in the power sector are back in India. Both the entities are among the eight that have been ... More

Top-level rejig at Ranbaxy
PHARMA major Ranbaxy Laboratories Ltd on Friday announced a top-level restructuring, including internal reshuffles and appointments from outside the organisation. Pointing out that the appointments are in line with the company's targeted ... More

Brazil lifts dumping duty on Indian jute bags
AFTER fighting for seven years with the Brazilian anti-dumping authority, the Jute Manufacturers Development Council (JMDC) has finally wrested victory. Brazil has lifted the anti-dumping duty on products of five mills, while lowering the levy ... More

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