Financial Daily from THE HINDU group of publications
Friday, July 26, 2002
Markets (July 25)
BL 2501093.63 (-1.55)
BSE Sensex3094.96 (-12.52)
S&P CNX Nifty1001.55 (-2.50)
Dollar (Buy/Sell)48.64/48.76
Gold Std (10 gm)5160 (-40)

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Tata Engg in top gear — Product mix, cost cutting pay dividends in Q1
TATA Engineering has continued to remain in the profitability mode for the second quarter in a row, reporting a net profit of Rs 28.03 crore for the first quarter of 2002-2003. It made a net loss of Rs 98.9 crore in the year-ago period. "This ... More

Satyam Q1 net declines — Uncertainty seen in major markets
SATYAM Computer Services Ltd has recorded total income of Rs 471.48 crore and a net profit of Rs 108.45 crore for the first quarter ended June 30, 2002. This reflects an increase of 11.98 per cent in income and a decrease of 10.72 per cent in net ... More

Kalam takes over as 11th President
THE elevation of Bharat Ratna Avul Pakir Jainulabdeen Abdul Kalam as the 11th President of India today marked a new phase in the life of a distinguished scientist who has made it to the highest office in the land from humble beginnings. Dr ... More

HDFC net rises 20 pc on higher income
HDFC Ltd. has reported a 20 per cent increase in net profit at Rs 137.3 crore for the first quarter ended June 30, 2002 against Rs 114.06 crore during the corresponding quarter of the previous financial year. Income from operations rose 11 per ... More

IA apex fare offer finds many takers
INDIAN Airlines (IA) is literally setting the domestic skies on fire with its apex fare scheme, which has seen the airline sell more than 16,000 tickets, during the first two weeks of it being launched. Official sources told Business ... More

MNC brands losing shirt to the homing pigeons
AFTER FMCG, another industry where the battle of the brand seems to be getting increasingly skewed in favour of small players is branded apparel. The Rs 9,000-crore domestic branded apparel market is facing a curious predicament, with ... More

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