Financial Daily from THE HINDU group of publications
Wednesday, May 29, 2002
Markets (May 28)
BL 2501090.75 (-24.71)
BSE Sensex3146.83 (-96.58)
S&P CNX Nifty1038.20 (-24.55)
Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5330

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Hughes Tele posts operating profit at Rs 13.5 cr
HUGHES Tele.com, basic telephony operator in the circles of Maharashtra and Goa, has reported a net loss of Rs 44.2 crore for the quarter ended March 31, 2002. The company had reported a net loss of Rs 136.8 crore during the corresponding quarter ... More

VSNL net dips over 29 pc in Q4
VIDESH Sanchar Nigam Ltd has reported a 29.3 per cent dip in net profit at Rs 316 crore for the fourth quarter ended March 31, 2002, from its net profit Rs 447.3 crore of the corresponding quarter of the previous year. Net profit for the full ... More

LEATHER


Mirza Tanners sales up 35 pc
Mirza Tanners Ltd has achieved growth in sales of about 35 per cent to Rs 189.95 crore during the year ended March 31, 2002 as against Rs 140.33 crore during the same period last year. The profit recorded is about Rs 14.92 crore as against Rs ... More

PAPER, BOARD & NEWSPRINT


J.K. Ind posts Rs 4.41-cr Q4 net
J.K. Industries Ltd has reported a net profit of Rs 4.41 crore for the fourth quarter ended March 31, 2002 as compared to a net loss of Rs 4 crore recorded in the same period during the previous year. The company has informed the Bombay Stock ... More

PUBLIC SECTOR BANKS


SBH net up 50.77 pc
STATE Bank of Hyderabad (SBH), the largest associate of State Bank of India, has posted a net profit of Rs 226.49 crore during 2001-02 registering a growth of 50.77 per cent over the previous year's profit of Rs 150.22 crore. The board has ... More

IOB net rises to Rs 231 crore
INDIAN Overseas Bank has reported a net profit of Rs 231 crore for 2001-02, twice as much as for the previous year. The board of directors has recommended a dividend of Rs 1.2 per share (12 per cent). The operating profit increased to Rs 617.19 ... More


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