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Friday, August 01, 2008
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WEB EXTRAS

OUTLOOK: DLF net profit rises 23% in Q1 on volume growth
New Delhi, July 31 India’s leading real estate company DLF Ltd on Thursday posted nearly 23 per cent rise in its consolidated net profit for the first quarter ended June 2008, to Rs 1,864 crore, on the back of strong volume ...

OVERSEAS INVESTMENTS: Sintex acquires 90% stake in German co Geiger Technik
Ahmedabad, July 31 Sintex Industries Ltd, a market leader in plastic and textile segments, on Wednesday announced that through its wholly-owned subsidiary Sintex Holdings B.V., The Netherlands, it has acquired 90 per cent stake in Geiger ...

INFRASTRUCTURE: Tatas drop plans to invest in Bangladesh
Pune, July 31 Projects of the Tata Group with the Bangladesh Government have been called off as it says that there are no prospects of taking discussions held earlier any further. It had lined up investments of about $ 3 billion in steel, ...

PERFORMANCE: YES Bank net rises 51%
Coimbatore, July 31 A month after increasing its PLR by 50 basis points to 16.5 per cent, YES Bank has taken the cue from the recent rate hike by the Reserve Bank of India to effect yet another hike of 50 bps from August 1. The PLR would now ...

OUTLOOK: Stage set for telecom policy initiatives
New Delhi, July 31 The Communications and IT Minister, Mr A. Raja, is expected to announce major policy initiatives for the telecom sector on Friday including guidelines for third generation mobile, pricing for excess spectrum for existing ...

OVERSEAS INVESTMENTS: Madhucon net up 61%
Hyderabad, July 31 Madhucon Projects Ltd’s net profit increased 61 per cent at Rs 14.8 crore in the first quarter ended June 30, 2008 compared with Rs 9.2 crore in the corresponding quarter of previous fiscal ...





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Markets (July 31)
Nifty (at close)4332.95 (+19.40)
BSE Sensex (at close)14,355.75(+68.54)
Gold (per gram) Rs1,167
Brent crude (per bbl) Rs5,344
US Dollar (Buy/Sell)42.51/52


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