Business Daily from THE HINDU group of publications
Thursday, October 18, 2007
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Markets (Oct. 17)
BSE Sensex18715.82 (-336.04)
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US Dollar39.58 (+0.21)


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CORPORATE RESULTS

PETROLEUM
GAIL joining hands with RCF for gas project
Q2 net profit up 28% on better petrochem realisation More

PHARMACEUTICALS
Shasun Chem posts 21% growth in revenues
Contract research revenues double More

POWER
Reliance Energy net profit up 34% at Rs 250 cr
Change in accounting policy More

SOFTWARE
Strong biz drives Infotech revenue, net
Hyderabad, Oct. 17 Infotech Enterprises Ltd has recorded a total income of Rs 171.99 crore and a profit of Rs 23 crore for the second quarter ended September 30, 2007 against a total income of Rs 131.8 crore and a profit of Rs 17.26 crore for ... More

Polaris net falls on Re rise
Chennai, Oct. 17 Due to a Rs 20-crore hit on account of rupee appreciation, Polaris Software Lab Ltd has reported a 33 per cent drop in consolidated net profit on a 7 per cent increase in turnover for the second quarter ended September 2007 ... More

Aztecsoft Q2 net at Rs 6.9 cr
Bangalore, Oct. 17 Aztecsoft has reported a net profit of Rs 6.93 crore on revenues of Rs 62.01 crore for the quarter-ended September 2007 compared with a net of Rs 11.46 crore on revenues of Rs 67.92 crore in the corresponding quarter last ... More

PACKAGING
Essel Propack Q3 net flat at Rs 10.5 cr
Mumbai, Oct 17: Essel Propack Ltd announced a marginal increase of 3.96 per cent in its net profit for the quarter ended September 30 at Rs 10.5 crore compared to Rs 10.1 crore of the corresponding quarter last year. The net sales of ... More

PRIVATE BANKS
YES Bank Q2 net doubles
To raise Rs 600-cr capital More

PUBLIC SECTOR BANKS
Allahabad Bank Q2 net rises 14%
Kolkata, Oct. 17 Allahabad Bank has recorded a net profit of Rs 239.78 crore for the quarter ended September 30, as compared to Rs 210.03 crore for the corresponding quarter last year, registering an increase of 14 per cent.The ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
GAIL joining hands with RCF for gas project


IOC may drop plans to set up refinery in Nigeria

If ODI is not one-day international, what’s it?

DLF did not define carpet area: MRTPC

‘Entry-level mobiles not up to customers’ mark’

LIC makes stock buying of Rs 175-180 cr

Rupee volatility: Metal cos take to Indian exchanges for hedging

‘HNIs in India on the rise’

Indian crude basket crosses $80 mark

Iron ore traffic in major ports up 9%

Regulating advisors

Import of palm group of oils thru Kochi banned

Looking back
Oct. 7-Oct. 13
HDFC Bank’s customer assets rise 33%


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