WEB EXTRAS
STRATEGY
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 ...
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HOTELS
Asian Hotels board okays demerger
Trifurcation leads to creation of 2 new firms
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AUTOMOBILE COMPONENTS
Sakthi Auto buys Intermet Europe for Rs 533 crore
Auto component co has production capacity of 165,000 t
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COMMODITY MARKETS
Turnover up a tad at Coonoor tea sales
The turnover at the auctions of the Coonoor Tea Trade Association (CTTA) has posted an increase of two per cent in the first quarter of 2007 over the same period of last calendar. An analysis of the market reports reveals that between January ...
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NON-PERFORMING ASSETS
Vijaya Bank net zooms 161% to Rs 331 cr
Vijaya Bank has reported a 161 per cent increase in net profit to Rs 331.34 crore for 2006-07. Speaking to newspersons, Mr Prakash P. Mallya, Chairman and Managing Director, said: "The board has proposed a final dividend of 10 per cent though ...
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MERGERS & ACQUISITIONS
Treasury stocks sale boosts United Spirits' Q4 net
Sale of 3.8 per cent of treasury stocks, which fetched around Rs 265.7 crore, has boosted United Spirits' net profit by 1,084.5 per cent to Rs 497.49 crore during 2006-07. In a statement, United Spirits said its net sales grew 33.58 per cent to ...
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REGULATORY BODIES & RULINGS
Chennai Container Terminal's tariff hike plans: TAMP says no
The Tariff Authority of Major Ports (TAMP) has declined to give the 11-per cent increase in tariff sought by the Chennai Container Terminal (P) Ltd, which runs the private container terminal at Chennai. The existing rates would continue till ...
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MARKETING RESEARCH
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
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OUTLOOK
JSW Steel Q4 net at Rs 413 cr
Revenue posts 57 pc growth
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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 ...
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Bank of Maharashtra Q4 net at Rs 75 cr
Five-fold rise in 2006-07 profit; to pay 20%
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