Business Daily from THE HINDU group of publications
Tuesday, May 22, 2007
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CORPORATE RESULTS

DIVERSIFIED
Nava Bharat's Orissa plant to have 1,050 MW capacity
Raises stake to 51%; Q4 revenues, net rise More

STEEL
SAIL rides on higher demand, price realisation
Q4 net zooms 72% to Rs 1,902 cr; full-year net rises 55% More

JSPL Q4 net rises 35%
Jindal Steel and Power Ltd (JSPL) announced on Monday a 34.58 per cent increase in net profit at Rs 202.77 crore for the fourth quarter of fiscal 2006-07, as compared to Rs 150.66 crore for the same quarter in the previous ... More

TEXTILES
Lakshmi Mills posts lower sales
Despite posting lower net sales and slipping into the red in the fourth quarter of last year, Coimbatore-based Lakshmi Mills Company has recorded higher net profit due to exceptional items in the final quarter of the year. The company's board ... More

PRIVATE BANKS
City Union Bank's net rises
City Union Bank has reported a net profit of Rs 71.81 crore for 2006-07, earning Rs 29.92 a share. Net profit was also 27.38 per cent higher than the Rs 56.37 crore achieved in the previous year. The board of directors has ... More

FOREIGN BANKS
StanChart posts 51% growth in net profit
Advances jump 25% to Rs 30,104 crore More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
London Mayor calls for opening up accounting, legal services


`India key geography in Asian pharma growth story'

Citrix solutions with SAP `reduce response time'

Forum proposes steps to address systemic risks in hedge funds biz

HLL decides to drop Sunsilk leave-on lotion

ONGC strikes gas in Mahanadi for the second time

Looking back
May. 13-May. 19
Bajaj Allianz General Insurance full-year net rises 46%

SBI Q4 results a surprise



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