The Hindu Business Line : Friday, October 19, 2007

TCS bags $1.2-b Nielsen contract for outsourcing, operation service
Tata Consultancy Services (TCS) said on Thursday that it has signed a contract worth $1.2 billion (Rs 4,751 crore) with Nielsen Company, an international information and media company, for outsourcing part of its IT and operation service ... More

ACC net profit in Q3 rises 30% on better realisations
Mumbai, Oct 18 Cement major ACC has reported a 30 per cent jump in net profit to Rs 292 crore in third quarter of the financial year 2008 against Rs 225 crore logged in the same period last year.Sales turnover of the company, an ... More

HPCL teams up with Mittals for Vizag project; Total, Oil India, GAIL also in
New Delhi, Oct 18 State-owned Hindustan Petroleum Corporation Ltd (HPCL), after forging a successful partnership with steel major L.N. Mittal Group for its Bhatinda refinery project, has once gain teamed up with the Mittals to explore the ... More

Ranbaxy Q3 net profit up 48% on forex gains
Emerging markets drive global sales More

Biocon net grows 22% on branded formulations
Eyeing acquisitions in US, Europe More

Hero Honda Q2 net down 5% on high input costs
New Delhi, Oct 18 Increased pressures on margins mainly due to high input costs has led to Hero Honda Motor Company on Thursday posting a five per cent decline in its net profit for the second quarter ended September 2007 as against the ... More

Higher sales drive Petronet Q2 profit after tax up 75%
Co starts supplying LNG to Ratnagiri Gas More

Direct tax collections till Oct 15 rise 40%
New Delhi, Oct. 18 The Centre’s direct tax revenues continue to remain buoyant, with collections up to October 15 this fiscal recording over 40 per cent growth to Rs 1,21,950 crore (Rs 86,751 crore).While corporate tax ... More

Rupee appreciation works to neighbours’ advantage
Pakistani rupee, taka remain stable against dollar More

Non-life insurers book sizeable trading profits
Improved capital beefs up solvency ratios More

RCom applies for using mixed technologies
In what can be seen as a first step to using dual technologies, Reliance Communication has applied to convert its existing GSM licences in seven circles to unified access service licences. The move indicates that the Department of ... More

Today's Pick: Petronet LNG (Rs 73.65)
We recommend a buy in Petronet LNG at current level. It is evident from the weekly chart that it had consolidated sideways in a broad range of Rs 40-70 for almost two years (October 2005 and September 2007). Last month, the stock broke out of ... More

Day trading guide
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Sugar stocks withstand market mayhem
Interest stirred by rising crude prices, ethanol demand More

Bank stocks are biggest losers, Bankex dwindles 573 points
Rising interest rates and upcoming RBI policy cited as reasons More

Talk of PE funds picking up stake lifts Lok Housing
The market tremor in the last two days could hardly affect Lok Housing & Constructions. According to market sources, a few private equity funds are in the process of picking up 10 per cent stake at a substantial premium to the current ... More

IMPACT
Biocon: Outlook remains positive
Expects oral insulin programme to do well More