The Hindu Business Line : Tuesday, June 26, 2007

PHARMACEUTICALS
Correction
In Zenotech Labs results (Business Line issue dated June 22), the total income from sales and operations and licence fee for the fourth quarter should read Rs 1,178.67 lakh. For the year ended March 31, 2007, the figures are Rs 2,264.64 ... More

HARDWARE
TVS-E revenues rise 19%
TVS Electronics (TVSE) has announced revenues of Rs 77.5 crore for the quarter ended March 2007, a 19 per cent increase compared with the same quarter of the previous year. The recently launched `Pro Series' range of products had contributed ... More

FOREIGN BANKS
HSBC posts 64% rise in net profit
The Hongkong and Shanghai Banking Corporation Ltd India has reported a 64 per cent rise in net profit at Rs 846 crore for the year ended March 31, 2007 against Rs 515 crore in the previous year. The bank's total income during the year increased ... More

Bank of America net up 35%
Bank of America has reported a net profit of Rs 195.5 crore for the year ended March 31, 2007, 35 per cent higher than the previous year. "The substantial improvement in net profit was a consequence of higher revenues, while ... More

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