The Hindu Business Line : Saturday, April 23, 2005

Wipro Q4 net up 35%; announces 1:1 bonus
SOAP-TO-SOFTWARE maker Wipro Ltd sprang a surprise on Friday by announcing a bonus share for every one held and recommended a dividend of Rs 5 a share (250 per cent on par value), despite a bottomline growth that fell short of market ... More

Dividend makes Premji richer by Rs 292 cr
A 250-per cent cash dividend on par value of Rs 2 per share would make Wipro Ltd's promoter, Mr Azim Premji, richer by some Rs 292 crore. Mr Premji has an 83.11-per cent equity stake in Wipro. This year, however, Mr Premji's dividend earnings ... More

NSE's F&O list: Inclusion criteria shocks brokers
THE National Stock Exchange's decision to introduce more securities for futures & options (F&O) trading has not found favour with many stockbrokers as they think the exchange has included many illiquid stocks and left out some liquid ... More

India makes cheap anti-AIDS drugs, but not for its patients
INDIA may have the second largest number of HIV/AIDS patients in the world, but access to anti-retroviral (ARV) drugs is still very limited. This, despite the fact that Indian generic companies such as Ranbaxy Laboratories, Cipla Ltd and Hetero ... More

Singapore Airlines to hike fuel surcharge
SINGAPORE Airlines (SIA) has announced an increase of $8 per sector on the fuel surcharge that is being charged on long-distance flights operated by it from May 6. In a statement, the airline has said that from May 6 a passenger will be charged ... More

45 cos seek RBI nod to raise money abroad
RELIANCE Industries, Indo Rama Synthetics and LML are among 45 companies that have sought permission from Reserve Bank of India to raise foreign funds in March. These companies propose to raise funds through External Commercial Borrowings (ECBs) ... More

India ranked 6 in US' list of textile, apparel exports
IN all the euphoria about the lifting of quotas, it is all too easy to forget that the US increased its textile and apparel exports by 200 per cent over the past 15 years. And it has managed to do this despite the fact that much of its capital ... More