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Saturday, October 29
PNB Q2 net up 2%, to pay 30% interim dividend
by
zaheen
on Sat 29 Oct 2005 05:23 PM IST
Punjab National Bank (PNB) today reported a 2.3% increase in net profit at Rs 422.04 crore for the second quarter ended September 30, 2005 as against Rs 412.55 crore in the quarter ended September 30, 2004. Click the following link http://ww4.6URL.com/03LV to read the complete article.
India to beat China in 2 yrs: Mukesh Ambani
by
zaheen
on Sat 29 Oct 2005 05:14 PM IST
Reliance Industries Chairman and Managing Director Mukesh Ambani today said India will overtake China in GDP growth rate within the next two years. Click the following link http://ww4.6URL.com/03LT to read the complete article.
India's forex reserves dip $339 million
by
zaheen
on Sat 29 Oct 2005 05:07 PM IST
India's foreign exchange reserves dipped to $143.09 billion in the week ended Oct 21 as overseas fund inflows into the domestic market slowed down, the Reserve Bank of India (RBI) said Saturday. Click the following link http://ww4.6URL.com/03LR to read the complete article. 
Jet Airways Q2 net drops 11%
by
zaheen
on Sat 29 Oct 2005 04:46 PM IST
Jet Airways India today reported a 11.4% decline in net profit at Rs 68.59 crore for the second quarter September 30, 2005 as against Rs 77.42 crore in the quarter ended September 30, 2004. Click the following link http://ww4.6URL.com/03LQ to read the complete article.
ATMs churn out Rs 240 cr a day
by
zaheen
on Sat 29 Oct 2005 02:38 PM IST
Mumbaikars are sucking out a staggering Rs 240 crore every day from ATMs alone, with withdrawals spiking 25 to 100 per cent over normal levels at several ATMs. Click the following link http://ww4.6URL.com/03LD to read the complete article.
Maruti posts 16% Q2 income growth
by
zaheen
on Sat 29 Oct 2005 02:17 PM IST
Announcing a 15.9 percent rise in income for the second quarter of this fiscal, India's largest carmaker Maruti Udyog Ltd Friday said it will set up 15 world-class driving schools in the country. Click the following link http://ww4.6URL.com/03L7 to read the complete article.
PM to launch mega power plant in Tripura
by
zaheen
on Sat 29 Oct 2005 02:01 PM IST
Hundreds of police and paramilitary personnel were put on duty Saturday as Prime Minister Manmohan Singh arrives here on a daylong visit to lay the foundation stones for two landmark projects in the region. Click the following link http://ww4.6URL.com/03L5 to read the complete article.
BPOs may not be held liable for data theft
by
zaheen
on Sat 29 Oct 2005 01:45 PM IST
If the government has its way, the Indian business process outsourcing (BPO) industry will not be held liable for any leakage of confidential client data. Click the following link http://ww4.6URL.com/03L2 to read the complete article.
Air Sahara stake sale hits valuation roadblock
by
zaheen
on Sat 29 Oct 2005 01:02 PM IST
Air Sahara has reportedly kept the valuation between $750 million and $1 billion. In contrast, prospective buyers are quoting anything between $400 million and $550 million. Click the following link http://ww4.6URL.com/03KX to read the complete article.
RPG, Godrej to build new mall
by
zaheen
on Sat 29 Oct 2005 12:16 PM IST
Sanjiv Goenka, vice-chairman of the RPG Group at a city function, announced a combined investment package including an international management institute and a lifestyle complex. Click the following link http://ww4.6URL.com/03KT to read the complete article.
Mobiles offer Vodafone a sure passage to India
by
zaheen
on Sat 29 Oct 2005 11:42 AM IST
If Vodafone's Arun Sarin wanted to illustrate why mobile telephony and India are meant to be, he could not have hoped for a better press conference yesterday. Half way through, the power cut out in Delhi and the lines went down. Sarin was forced to call back on his mobile. "As was evident, mobiles are better than the wire service here," Sarin said. Click the following link http://ww4.6URL.com/03KN to read the complete article.
MTNL Q2 net down 15.4 pc to Rs 167.89 crore
by
zaheen
on Sat 29 Oct 2005 11:26 AM IST
The state-owned Mahanagar Telephone Nigam Ltd (MTNL) has suffered a loss of 15.4 per cent to Rs 167.89 crore for the quarter ended September 30 this year as compared to Rs 198.47 crore for the similar period a year ago. Click the following link http://ww4.6URL.com/03KL to read the complete article.
Jharkhand, West Bengal fight it out over iron ore
by
zaheen
on Sat 29 Oct 2005 11:22 AM IST
A spat over Jharkhand's refusal to provide iron ore for a major steel plant coming up in West Bengal has led the latter to seek Prime Minister Manmohan Singh's intervention to ensure regular mineral supplies. Click the following link http://ww4.6URL.com/03KK to read the complete article.
RIL to give Rs 750-cr discount to oil retailers
by
zaheen
on Sat 29 Oct 2005 11:06 AM IST
Reliance Industries Ltd (RIL), the private refiner with a 33 million tonne capacity, will give a Rs 750 crore-discount on LPG and kerosene to public sector retailers in 2005-06. It will also give a 40 per cent discount on petrol and diesel on quantities sold by it to PSU marketeers. Click the following link http://ww4.6URL.com/03KH to read the complete article.
Price hike helps oil PSUs in Q2
by
zaheen
on Sat 29 Oct 2005 10:58 AM IST
The revision in diesel and petrol prices has helped Indian Oil Corporation get back into the black in the second quarter of 2005-06, though its subsidiary, IBP Ltd, and Bharat Petroleum Corporation Ltd, continued to be in the red during the period. Click the following link http://ww4.6URL.com/03KF to read the complete article.
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