Business Daily from THE HINDU group of publications
Wednesday, May 21, 2008
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Markets (May 20)
BSE Sensex17230.18 (-204.76)
S&P CNX Nifty5104.95 (-52.75)
US Dollar42.60 (+0.11)


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CORPORATE RESULTS

NON-CONVENTIONAL ENERGY
Suzlon Energy reports 10% rise in Q4 net
To sell part of stake in REpower which it acquired last year More

TELECOMMUNICATIONS
Tata Teleservices (Maha) trims net loss
Tata Teleservices Maharashtra has trimmed net loss for the quarter ended March 31 to Rs 20.59 crore from Rs 45.9 crore reported a year ago. Total income has increased by 25.6 per cent to Rs 491.1crore (Rs 390.7 crore). For the year ended March ... More

Gemini Comm Q4 net down; revenues up
Chennai, May 20 Gemini Communication Ltd has reported a drop in consolidated net profit despite higher revenues during the fourth quarter ended March 31, 2008. A 57-per cent increase in the cost of materials and project expenses have ... More

PHARMACEUTICALS
Betapharm losses drag Dr Reddy’s Q4 net down 68%
Co plans foray into dermatology segment in US More

POWER
Uranium shortage hits Nuclear Power
Net profit dips 31% More

ELECTRICAL GOODS
V-Guard net up at Rs 37 cr
Kochi, May 20 The net profit of V-Guard Industries has increased by 97.87 per cent to Rs 37.42 crore (Rs 18.23 crore) during 2007-08. The profit before tax grew to Rs 52.43 crore (Rs 26.49 crore). The company has earned a non-recurring ... More

PAINTS
ICI to pay dividend of Rs 8/share
New Delhi, May 20 Paint manufacturer ICI Ltd today announced a dividend of Rs 8 per share for 2007-08 (against Rs 27 last year including a one-off special dividend of Rs 20 per share), according to a company release.For the ... More

PUBLIC SECTOR BANKS
Improved NPA recovery helps Bank of Baroda
Q4 net up 12% despite challenging conditions More

BEARINGS, CASTINGS & FORGINGS
Sale of German subsidiary boosts Bharat Forge net
Rupee appreciation hits topline, bottomline 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
Mercator Lines plans to acquire more oil rigs


Sale of German subsidiary boosts Bharat Forge net

Process completed for exit of 24,884 defunct companies

Food crisis: The blame game

High prices hit gold sales in Q1, says WGC

Base metals weighed down by supply, production concerns

With ‘max’ ad rates, Sony looks to IPL’s next season

Improved NPA recovery helps Bank of Baroda

Ban on futures trading: Anti-farmer, not anti-inflation

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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