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Saturday, May 28, 2005

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ITC net doubles in Q4; bonus planned — Board to consider stock-split on June 17
ITC has posted a profit after tax (before exceptional items) of Rs 1,837 crore (Rs 1,592.8 crore) for the year-ended March 31, 2005, registering an increase of 15.3 per cent. A company release issued here today said that gross turnover for ... More

Oil cos, ISMA to ink pact on ethanol-blended petrol — Supplies to 10 States, 4 UTs from July
OIL marketing companies and the Indian Sugar Mills' Association (ISMA) will sign an agreement next month for supply of ethanol blended petrol in 10 States including Tamil Nadu, Andhra Pradesh, Gujarat, Uttar Pradesh, Maharashtra and four Union ... More

Airports revamp: More time for bidders to name partners
THE Government has extended till June 3 the last date for the nine successful bidders participating in the restructuring of Delhi and Mumbai airports to firm up their consortium partners. Official sources told Business Line that the ... More

SABMiller buys out Shaw Wallace in joint venture for Rs 158 cr
SABMILLER Plc has bought out Shaw Wallace group's 50 per cent stake in India's second biggest brewer, Shaw Wallace Breweries, reportedly for Rs 158 crore ($36 million). The purchase has increased SABMiller's holding in Shaw Wallace Breweries ... More

Kingfisher Airlines plans to hike fares from July
KINGFISHER Airlines plans to hike fares from July though the special trial fare between Bangalore and Mumbai will continue for sometime. Its President and Chief Operating Officer, Mr Alex Wilcox, told Business Line that the ... More

Inflation drops on cheaper textile products
THE growth in the annual wholesale price index-based inflation dropped marginally to 5.55 per cent during the week ended May 14, from 5.61 per cent in the previous week. The year-on-year inflation fell despite food and fuel products turning ... More

Longest winning streak in 8 months for Sensex
RALLY in global markets, strong performance of ADS on Nasdaq and sustained buying interest in the frontline stocks helped the Indian markets end the week with smart gains. With a gain of 36.9 points, Sensex witnessed its longest winning streak ... More

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"Of course I'm in the race, too! Don't think I'll let you run away and greet her first!"

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