Business Daily from THE HINDU group of publications
Tuesday, May 20, 2008
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CORPORATE RESULTS

TEXTILES
S Kumar’s Q4 net up 65%
Textile manufacturer S Kumars Nationwide Ltd posted a rise of 91 per cent in its net profit for the year ended March 31, 2008 at Rs 205.5 crore (Rs 107.4 crore). The net sales of the company increased by 42 per cent for the same period at Rs ... More

REAL ESTATE & CONSTRUCTION
Kolte-Patil Developers net profit up 64% at Rs 137 cr
Pune, May 19 Builders and real estate developers Kolte-Patil Developers Ltd (KPDL) has announced a net profit of Rs 137 crore for the 2007-08 fiscal, a rise of 64 per cent, and income of Rs 441 crore (Rs 252 crore), a 75 per cent growth ... More

SOFTWARE
Tech Mahindra revenue rises 29%
Mumbai, May 19 On account of making a one-time payment of $110 million (Rs 440 crore) for a prospective outsourcing deal, telecom solutions provider Tech Mahindra posted a net loss of Rs 221.4 crore for the quarter ended March ... More

MINERALS
Price hike helps NMDC post 43% rise in Q4 net
Aided by a hike in prices, the public sector mining major NMDC Ltd has registered a 43 per cent increase in net profit to Rs 1,016 crore for the fourth quarter ended March 31, 2008 as against Rs 711.01 crore in the corresponding previous ... More

PRIVATE BANKS
Other income boosts Karnataka Bank net
Mangalore, May 19 Karnataka Bank posted a net profit of Rs 241.74 crore during 2007-08 as against Rs 177.03 crore in 2006-07, a growth of 36.55 per cent. The operating profit stood at Rs 390.50 crore (Rs 356.58 crore)The board of ... 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
Biometric card for remote rural areas


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‘Remove clamps on wheat purchases’

REC to fund debt portion of NTPC’s Chennai project

Recent growth in West Bengal

Looking back
May. 11-May. 17
GAIL’s Q4 net rises 6%

Varun Shipping makes Rs 62-cr provision for forex loss

Syndicate Bank to contain bulk deposits this year

PNB profit rises 33% for full year; Q4 net grows 129%


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