Business Daily from THE HINDU group of publications
Sunday, April 27, 2008
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BSE Sensex17125.98 (+404.90)
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CORPORATE RESULTS

PHARMACEUTICALS
GSK Consumer Healthcare Q1 net up 34% at Rs 56 cr
New Delhi, April 26 GlaxoSmithKline Consumer Healthcare (GSKCH), the makers of Horlicks, has seen net profit grow almost 34 per cent to Rs 56.6 crore in the first quarter ended March 31, 2008. The company claimed sales had never been ... More

Suven Life net dips 33%
Suven Life Sciences Ltd’s net profit decreased 33.3 per cent to Rs 1.94 crore in the fourth quarter of financial year ended March 31, 2008 against Rs 2.91 crore in corresponding quarter of the previous fiscal. The decline in the net profit ... More

REAL ESTATE & CONSTRUCTION
Mahindra Lifespace net zooms
Mahindra Lifespace Developers Ltd, the real estate and infrastructure development arm of the Mahindra Group, has registered a 361 per cent rise in net profit at Rs 65.38 crore for the year-ended March 31, 2008, against Rs 14.18 crore logged ... More

PRIVATE BANKS
Higher interest income drives ICICI Bank Q4 net up 39%
$100 m provisioning for overseas derivatives exposure More

IDBI Bank Q4 net surges 15% on higher interest income
Clients facing Rs 173-cr loss in currency transactions More

PUBLIC SECTOR BANKS
Cash recovery propels Canara Bank net
Bangalore, April 26 Public sector Canara Bank has begun exploring foreign joint venture opportunities for its nine subsidiary companies. This follows the successful tie up with Robeco of Netherlands and HSBC for its asset management and life ... More

Treasury profits boost Corporation Bank net
New Delhi, April 26 Aided by a sharp jump in treasury profits, better NPA management and a surge in core business operations, Corporation Bank on Saturday reported a 37.09 per cent rise in net profit for the financial year ended March 31, ... More

Vijaya Bank posts 9% growth in net profit
Makes provision of Rs 272 cr for depreciation; to pay 20% More

RETAILING
Shoppers' Stop Q4 net down despite strong sales
Shoppers' Stop Ltd has recorded a 38 per cent increase in net sales at Rs 326.1 crore from Rs 235.7 crore for the fourth quarter ended in March. Net profit for the quarter stood at Rs 1.95 crore against Rs 2.27 crore recorded in the previous ... More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
‘Hike cap on foreign investment in cable TV network, news channels’


US recession to drive offshoring: Gartner

IDBI Bank Q4 net surges 15% on higher interest income

PM dedicates hydel plant in J&K to nation

MMTC, Tata Steel set to form mining joint venture

Looking back
Apr. 20-Apr. 26
Axis Bank net rises 63% on strong biz growth

Oriental Bank writes off entire losses of GTB

Ambuja Cement net falls 42% on high input cost

Robust sales drive Cipla Q4 net up 43%


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