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Friday, May 21, 2004
Tata Steel posts record profit, to consider bonus
MUMBAI, MAY 20. Tata Steel has announced its best ever financial performance with a net profit of Rs. 1,772.12 crores during the year ended March 31, 2004 against Rs. 1,022.96 crores in the previous year, on sales of Rs. 12,345.59 crores against ...
Tata Motors plans to expand capacity
MUMBAI, MAY 20.Tata Motors has chalked out a capital expenditure programme of Rs. 1,200 crores annually over the next five years. This capital expenditure will go towards new product development and capacity expansions. Addressing the media ...
Oil industry incurs huge losses on sale of products
NEW DELHI, MAY 20.The oil industry is carrying a burden of Rs. 4,337 crores as `under-recovery' on LPG and kerosene alone during 2003-04. This includes Rs. 2,600 crores for LPG and Rs. 1,600 crores for kerosene. Disclosing this here today, the ...
`New economic agenda will quicken pace of development'
NEW DELHI, MAY 20.The premier chambers of commerce generally welcomed the Prime Minister designate, Manmohan Singh's announcement of the economic agenda of the new Congress-led coalition as reassuring and observed that it would help quicken the ...
CIBIL to publish defaulters list
MUMBAI, MAY 20. The Reserve Bank of India today said the newly operationalised Credit Information Bureau (India) Ltd (CIBIL) will publish a list of defaulters of Rs. 1 crore and above. In addition, CIBIL would give the details of wilful ...
Partnership for clinical research
MUMBAI, MAY 20. As part of an overall strategy to build partnerships with clinical research organisations (CROs), Pfizer Global Research and Development (PGRD), through its affiliate in India, has entered into a partnership with SIRO ...
Shree Cement's Rajasthan unit
MUMBAI, MAY 20. Shree Cement has decided to set up a one million tonne per annum capacity greenfield cement plant at Village Ras, District Pali (Rajasthan). The project is expected to be completed within 18 months, says a Bombay Stock Exchange ...
Tata Honeywell bags orders
MUMBAI, MAY 20. Tata Honeywell has won big orders from Hindustan Zinc, Gujarat Ambuja, Indal, HEG, Balco and Tisco for automating their captive power plants. The company through its powerful and scalable automation system `Experion PKS' will help ...
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