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Saturday, May 07, 2005

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Maruti Q4 net profit zooms 65 pc
MARUTI Udyog Ltd has reported a 65 per cent increase in its fourth quarter profit helped by stringent cost cutting measures, which helped the company offset the higher cost of raw materials, and increased sales of Alto. The company's net ... More

Khattar re-appointed MD for 3 more years
THE board of directors of Maruti Udyog Ltd on Friday decided to re-appoint Mr Jagdish Khattar, 62, as Managing Director for a period of three years or till he attains the age of 65, whichever is earlier. Mr Khattar's existing term is due to ... More

`Airbus remarks not to hit IA order for 43 aircraft'
THE top brass of European aircraft manufacturer Airbus Industrie can rest easy. The recent spat over Air India's (AI) decision to purchase 50-Boeing aircraft will not affect the proposed purchase of 43-Airbus aircraft by Indian Airlines (IA) ... More

RBI plans to amend norms to widen corporate debt recast scope
THE Reserve Bank of India proposes to widen the scope of Corporate Debt Restructuring (CDR) and make it more efficient. Under the changes proposed today by the RBI to the existing guidelines, the CDR scheme will be extended to corporates on ... More

Dr Reddy's posts Rs 51.9-cr net loss in fourth quarter
DR Reddy's Laboratories Ltd has reported a net loss of Rs 51.9 crore for the quarter ended March 2005 and a steep fall of 91 per cent in net profit at Rs 21.1 crore for the fiscal ended March 2005 as against a net profit of Rs 247.4 crore posted ... More

Technology, oil stocks lead rally
FIRM trend in stock prices continued as markets put on gains for the fifth straight day. The upward momentum to stock prices during the week reverses the setback suffered in the previous week. In the week ended April 29, Sensex shed 192 points. ... More

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