Business Daily from THE HINDU group of publications
Wednesday, May 28, 2008
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CORPORATE RESULTS

TELECOMMUNICATIONS
Vodafone India turnover up 50%
Chennai, May 27 Vodafone’s India operations have recorded a 50 per cent growth in turnover at Rs 15,288 crore in fiscal 2007-08, its consolidated figures reveal. In contrast, its global operations have grown by only 14 per cent during ... More

CHEMICALS
Premier Explosives plans Rs 50-cr backward integration, expansion
Hyderabad, May 27 Premier Explosives Ltd (PEL) of Hyderabad will invest Rs 50 crore in the next two years for backward integration and capacity expansion. The company is into manufacturing explosives and accessories for civilian and defence ... More

POWER
Neyveli Lignite posts higher Q4 net
Chennai, May 27 Neyveli Lignite Corporation’s net profit for the fourth quarter of last year was nearly 15 times as much as in the corresponding quarter of the previous year, but that was more due to a quirk of accounting rather than ... More

Commodity price rise hits Kalpataru Power
Mumbai, May 27 Increase in interest cost and financial commitment for warranties and guarantees for the projects has hit the net profit of Kalpataru Power Transmission Ltd for the fourth quarter. The profit has dipped by 21 per cent to Rs 50 ... More

STEEL
JSPL net rises on higher capacity, rising prices
New Delhi, May 27 Jindal Steel and Power Ltd (JSPL) today declared a total dividend of 400 per cent (Rs 4 per share having a face value Re 1) for 2007-08, which includes a 150 per cent interim paid earlier.The company has posted a net ... More

SOFTWARE
HTMT full year net up at Rs 87.41 cr
Price revision to offset reduced IT spend this fiscal More

NBFCS
Sundaram Fin bucks weak trend in car, CV segments
Net profit rises 35%; announces 1:1 bonus, to pay 50% final More

PRIVATE BANKS
TMB full year net rises 20%
Madurai, May 27 The Tuticorin-based Tamilnad Mercantile Bank (TMB) posted a net profit of Rs 126.74 crore, registering a growth rate of 19.81 per cent for the year ended March 31, 2008. Both deposits and advances of the bank recorded a ... 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

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Looking back
May. 18-May. 24
Sale of German subsidiary boosts Bharat Forge net

Improved NPA recovery helps Bank of Baroda


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