Financial Daily from THE HINDU group of publications
Sunday, October 30, 2005



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Iraq Oil-for-Food programme — Over 130 Indian cos figure in Volcker report
INDIAN companies numbering over 130 paid or are estimated to have paid a little over $22 million in connection with contracts worth approximately $425 million they executed in Iraq under the United Nation's Oil-for-Food programme. This is ... More

50 killed as bomb blasts rock Delhi — Police suspect Lashkar-e-Toiba
A SERIES of bomb blasts rocked market places in Delhi on Saturday killing 50 people and injuring more than 100 people. According to the police, the initial suspicion points to the militant group Lashkar-e-Toiba, though no organisation has yet ... More

Mallya to put in `indicative offer' for Air Sahara stake
KINGFISHER Airline will put in an `indicative offer' for picking up a stake in Air Sahara before the October 31 deadline set by the consultants expires, the airline's Chairman and Managing Director, Mr Vijay Mallya, said on Saturday. "We will ... More

HPCL Q2 net loss at Rs 22.14 cr
THE impact of high crude and product prices that could not be fully passed on to the consumers proved to be the undoing of Hindustan Petroleum Corporation Ltd (HPCL) as it posted a net loss of Rs 22.14 crore for the quarter ended September 30. ... More

Copper is a drag on Hindalco performance — Second-quarter net down 7%
HINDALCO Industries Ltd has reported a 7 per cent drop in its second quarter net profit at Rs 276.5 crore on account of losses in its copper business. The company's net sales and operating revenues during the quarter grew 8 per cent to Rs ... More

Forex reserves down $339 m
THE country's forex reserves fell by $339 million during the week ended October 21 due to a fall in foreign currency assets. According to RBI's Weekly Statistical Supplement, the foreign exchange reserves have fallen to touch $143.096 billion. ... More

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