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CORPORATE RESULTS

SOFTWARE: Satyam beats guidance; net profit rises 42%
Volume growth, Re dip drive profits; dollar revenue guidance trimmed. Hyderabad, Oct. 17 Satyam Computer Services Ltd’s net profit increased 42 per cent at Rs 581 crore in the September quarter beating its guidance, compared with Rs 410 ...

HOUSING FINANCE: HDFC net profit up 32% on healthy loan growth
Target for loan disbursals this year is 25%. Mumbai, Oct. 17 Housing loan major HDFC Ltd saw net profit for the second quarter rise to Rs 534 crore, up 32 per cent from Rs 403 crore in the same quarter last year, on the back of strong loan ...

SOFTWARE: MphasiS net doubles in Q2
Bangalore, Oct. 17 MphasiS Ltd, an EDS company, posted a 112.8 per cent increase in net profit for the second quarter. Net profit increased to Rs 141.1 crore, compared with Rs 66.3 crore in the year-ago period, the company said in ...

OUTSOURCING: Zensar Tech revenue rises 21%
Pune, Oct. 17 Zensar Technologies, a player in the IT and BPO space, has recorded a revenue of Rs 232.82 crore for the quarter ended September 2008, as against Rs 191.84 crore for the corresponding quarter last year — a 21-per ...

FINANCIAL SERVICES: India Infoline net for Sept quarter up 12%
Mumbai, Oct. 17 India Infoline announced a 12 per cent increase in its consolidated net profit for the quarter ended September 30, ...





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Markets (Oct 17)
Nifty (at close)3074.35(-194.95)
US Dollar (Buy/Sell)48.88/90
Brent crude (a bbl) Rs3,412
Gold (a gram) Rs1,224
Silver (a kg) Rs17,660


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