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CORPORATE RESULTS

SOFTWARE: Wipro Q4 net profit rises 15%
Weak rupee, operational efficiencies help; IT services revenues up at $1,058 million. Bangalore April 22 Soap-to-software maker Wipro Ltd beat the street expectations to post a modest fourth quarter profit growth aided by a weak rupee and ...

CEMENT: ACC profit increases on higher volumes in Q1
Consolidated turnover up 14% at Rs 2,164 cr. Mumbai, April 22 Higher volume and stringent cost control initiatives have enabled cement major ACC Ltd to post increased profits for the first quarter (January-March) ...

RADIO/TV: Zee Entertainment sees dip in net profit
Mumbai, April 22 Zee Entertainment Enterprises Ltd on Wednesday posted a marginal dip in their fourth quarter net profit as advertising revenue declined due to an economic slowdown and increased competition in the ...

PUBLIC SECTOR BANKS: SBM targets 30% growth in business
Net profit for 2008-09 up 6% at Rs 337 crore. Bangalore, April 22 State Bank of Mysore has targeted a business growth of 30 per cent for the current financial year at Rs 75,000 crore, though it ruled out any additional ...

SOFTWARE: HCL Tech net down 36.3% in Q3 on forex losses
New Delhi, April 22 Indian IT major HCL Technologies on Wednesday said its net income for the third quarter ended March 2009 dropped over 36 per cent, hurt by foreign exchange losses and treasury. The net income came below street ...

PRIVATE BANKS: YES Bank Q4 net up 24% on rise in biz
Mumbai, April 22 YES Bank posted a net profit of Rs 80 crore for the quarter ended March 31, 2009, up 24 per cent from Rs 64.5 crore in the same period last year. The rise in profits is on the back of increase in business, said Mr Rajat ...

NON-CONVENTIONAL ENERGY: Praj net at Rs 129 cr in 2008-09
Pune, April 22 Praj Industries Ltd has posted a 15% drop year-on-year in its net profit which stands at Rs 129.76 crore for the 2008-09 fiscal. Income from operations during the period being compared rose by 10% to touch Rs 772 ...





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Markets (April 22)
Nifty (at close)3334.95(-30.35)
US Dollar (Buy/Sell)50.35/38
Brent crude (a bbl) Rs2,488
Gold (a gram) Rs1,344
Silver (a kg) Rs21,140


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Mandate 2009

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Looking back
Apr. 12-Apr. 18
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