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Serial blasts shock Bangalore
IT firms beef up security measures; normal working at most places. Bangalore, July 25 A series of low-intensity blasts rocked southern and central parts of Bangalore, momentarily stopping the city on its tracks on Friday afternoon. The eight ...
Sensex trips 500 points
Sharper decline after the blasts. Mumbai, July 25 The stock market which opened weak on Friday was driven to a steeper decline on news of the Bangalore bomb ...
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Cost management, price hikes take Hind Unilever net up 13%
Mumbai July 25 Despite inflationary pressure, FMCG major Hindustan Unilever Ltd (HUL) registered a 13-per cent growth in its net profit for the quarter ended June 30, 2008, mostly driven by higher volumes in personal care products and ...
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Hindustan Unilever: Strong traction in topline continues
Pricing power offsets input cost pressures. June quarter numbers of FMCG giant - Hindustan Unilever (HUL) have substantially exceeded street expectations and reaffirm that FMCGs - especially staples such as soaps, detergents and personal ...
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July rainfall lowest in 5 years
Prospects of ‘low’ in Bay revive hopes. New Delhi/Thiruvananthapuram, July 25 It’s not as bad as July 2002. But the current month has so far witnessed the worst monsoon rainfall in the last five ...
Grasim Q1 profit stays flat
Rising input cost seen as the reason. Mumbai, July 25 Grasim Industries, an Aditya Birla flagship company, has reported a flat growth 0.49 per cent rise in net profit at Rs 514 crore in the first quarter ended June 30, 2008 against Rs 512 ...
Inflation will continue to haunt in second-half too
Kharif production facing prospect of setback. Mumbai, July 25 Now that the political dust is beginning to slowly settle down, the Government’s priority will have to be inflation control. The Prime Minister himself asserted in no ...
DoT offers sops to operators for rural rollout
Move intended to give a boost to e-governance and reduce digital divide. New Delhi, July 25 In a bid boost rural telephony, the Government has decided to give financial incentives to operators who roll out services in rural areas. The ...
Infosys looks for new ways to increase revenue productivity
Focus on creating domain-specific solutions. Bangalore, July 25 While negative sentiments in the market keep customers from increasing IT spends, Infosys Technologies Ltd is using newer business models to enhance revenue ...
External borrowings melt down to $4 b for June quarter
Bankers offer differing views; Reliance Comm main borrower. Chennai, July 25 Borrowing abroad doesn’t seem to be that attractive now for Indian companies. Data released by the Reserve Bank of India show that there has been a steep drop ...
Markets this week
Amid hectic political activity in the Capital, the markets on Monday closed on a cautiously optimistic note ahead of Tuesday's crucial confidence vote. Given the fluid political situation, expectation was that the markets would close in the red. ...
Reliance Industries: Worrying signals
Reliance Industries’ first quarter results for 2008-09, declared on Thursday, apart from being a tepid show, throws up some worrying signs on the near-term outlook for the company. Not surprising then, that the market sent the stock down ...
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