Online edition of India's National Newspaper
Saturday, April 17, 2004
Wipro joins billion dollar club, announces 2:1 bonus shares
BANGALORE, APRIL 16. The country's third largest exporter of IT services, Wipro, bettered its forecast for the year ended March 31, 2004 and on Friday reported a net profit of Rs. 1,032 crores, up 26 per cent over the previous year. Revenues for ...
ESCAP warns growth may fall to 6 p.c.
NEW DELHI, APRIL 16. India's growth may slow down to 6 per cent in 2004 owing to lower agricultural output after the buoyant 8 per cent gross domestic product (GDP) growth estimated for 2003. This is the assessment made by the UN's Economic and ...
Jump in profit of Reliance Energy
MUMBAI, APRIL 16.Reliance Energy today recorded a net profit of Rs. 367 crores for the financial year ended March 31, 2004 compared to Rs. 162 crores in the previous year. The board of directors approved a final dividend of Rs. 1.50 per share, ...
Benefits but mainly over the medium term
The Securitisation Law is actually a step towards broadening the financial sector reform. Its benefits will be felt over the medium term.
Inflation to be below 5 p.c.
NEW DELHI, APRIL. 16.Inflation fell marginally to 4.40 per cent for the week ended April 3, despite a whopping 20 per cent rise in vegetable prices and a substantial hike in the prices of fruits, milk and fuels for industries. The ...
LG launches new notebook PCs
NEW DELHI, APRIL 16.LG Electronics India Ltd today launched its Centrino range of notebook PCs in India with a target to sell about 7,200 units in the market this year. The Centrino series is priced between Rs. 99,000 and Rs. 1.40 lakhs,'' ...
Cars sales touch 1.03 m units
NEW DELHI, APRIL 16. Indian automobile industry joined the big league as car sales reached 1.03 million units during 2003-04, registering an impressive 32 per cent growth. Sales of passenger cars were projected at 6.96 lakh units while that of ...
Live trading at NSE
MUMBAI, APRIL 16.The National Stock Exchange will conduct a three-hour live trading session tomorrow from 11 am. The special session, in which trading will take place in both cash and derivatives segments, is being held to test and upgrade its ...
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