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Tuesday, May 01, 2007
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STC floats wheat import tender for 10 lakh tonnes
Will mark a second successive year of import by the Centre More

Poor response to FCI wheat tender
The suspense over Food Corporation of India's (FCI) wheat purchase tender ended today with the response from participants extremely poor. There were reportedly only two respondents - one from Mumbai and one from New Delhi - of which one ... More

Reliance Comm Q4 net profit jumps to Rs 686 cr
All divisions record strong revenue growth More

HLL first-quarter net declines 11.3%
Income up at Rs 3,275.12 cr More

Better growth, but not without trouble spots
After closing 2006 with a disappointing show in the final quarter, Hindustan Lever has reported improved earnings numbers in the first quarter of 2007, with strong topline growth and a higher pace of profit growth. But despite the improvement ... More

P.J. Nayak back at UTI Bank helm
It is now Axis Bank More

Worldwide IT market will expand marginally: IDC
Growth expected to be in the range of 6-7% during 2007 More

ICICI Bank stock plunges 7%
ICICI Bank's follow-on offer to raise Rs 20,000 crore from the markets will negatively impact the stock and earnings per share (EPS) in the medium to short term, say analysts. In response to the announcement made on Saturday, the stock plunged ... More

Abbott's anti-AIDS drug may become cheaper
Is a price cut in the offing on generic copies of Abbott's anti-AIDS drug, Kaletra? Patient advocacy groups seem to think so, as generic versions available in the market are selling at prices matching or higher than those offered by Abbott, the ... More

17 cos join hands to build Asia-America gateway
Bharti Airtel will participate in building Asia-America Gateway — the first submarine-cable system linking South-East Asia directly to the US. The cable project is spearheaded by 17 telecommunications companies namely, AiTi, AT&T, ... More

Over 300 ONGC ex-staff apply for re-employment
Co seeks greater autonomy in deciding remuneration More

BPOs must scale up for big global contracts, says KPMG
As Indian service providers seek to slice a larger share of global outsourcing pie, centres such as Morocco, Egypt and Vietnam for services and Latvia for R&D have emerged on the outsourcing horizon, offering talent and helping service providers More

MindTree net jumps 66.1%
To pay Re 1; sees profit of Rs 106 cr in current fiscal More

10-year-old equity funds turn in 20% returns
Most players showed double-digit returns at the end of 10 years More

SEBI may form panel for IPO-scam issue
Retired Supreme Court judge is to look at the IPO scam issue More

Bay warming up as monsoon hits South-East Asia
The upper air cyclonic circulation over the south Andaman Sea (southeast Bay of Bengal) is tipped to descend to lower levels to set up the first pre-monsoon `low' by Tuesday. This will happen as a result of the waxing-and-waning motion of the ... More

Panel set up for sustaining FCV tobacco export potential
Team includes members from Tobacco Board, ITC-ILTD More


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