Business Daily from THE HINDU group of publications
Saturday, May 10, 2008
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Markets (May 9)
BSE Sensex16737.07 (-343.58)
S&P CNX Nifty4982.60 (-99.10)
US Dollar41.61 (-0.17)


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CORPORATE RESULTS

CEMENT
Birla Corp to pay 40%
More

PHARMACEUTICALS
Novartis Q4 net down 10%
Mumbai, May 9 Novartis saw a 10 per cent drop in its net profit for the quarter ended March 31, 2008, at Rs 21.5 crore against Rs 23.87 crore in the same period of the previous year. The company’s sales for the quarter under review stood ... More

TYRES
Higher product prices drive up Apollo Tyres net
New Delhi, May 9 Apollo Tyres has posted a net profit of Rs 59.2 crore (Rs 42.7 crore) for the fourth quarter ended March 31, 2008, an increase of 38 per cent. Net sales at Rs 1,001.3 crore (Rs 910.2 crore) were up 10 per cent. For the ... More

CARS
Hind Motors net up at Rs 30.84 cr
More

NBFCS
Manappuram General Finance net up 98% at Rs 2,099 lakh
Kochi, May 9 Manappuram General Finance and Leasing Ltd (MAGFIL), the flagship company of the Kerala-based Manappuram Group, has reported a 98 per cent increase in net profit for the year ended March 31 at Rs 2,099 lakh, compared to Rs 1,061 ... More

PAINTS
Growth across divisions boosts Asian Paints sales, profit
Mumbai, May 9 Growth across its decorative, industrial coatings and international business units powered the sales and profits of Asian Paints for the year ended March 31, 2008. The decorative business, largest in its portfolio, did ... More

PRIVATE BANKS
Kotak Mahindra Bank Q4 net rises 86%
Provides Rs 86 cr for forex derivatives ‘stressed cases’ 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
Max New York rules out sectoral funds as investment option for now


Grammage adjustment: FICCI defends FMCG product makers

Agni V, next goal of DRDO

Textile exports to US may grow 10% as demand picks up

GSM user base growth dips in April as BSNL turns laggard

FIPB likely to advise I-Sec to exercise ‘automatic route’

Looking back
Apr. 27-May. 3
IDBI Bank Q4 net surges 15% on higher interest income

Recoveries offset dip in treasury gain for IOB

Hindalco Q4 net up 49% on tax write-back

Bank of India net rises 69% on all-round growth

KEC International net zooms


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