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Cybernet rejigs business focus
Eyes customers’ operating expenditure budget

Cognizant’s Q2 revenue up 33%
CHENNAI: Cognizant Technology Solutions Corporation has announced that its revenue for the quarter ended June 2008 has increased to $685.4 million, up 33 per cent from $516.5 million in the second quarter of 2007. GAAP net income was $103.9 ...

More SEZs cleared
NEW DELHI: The Centre on Friday cleared 23 new special economic zones (SEZs), including 17 projects for setting up information technology and IT-enabled services (ITeS) zones, besides giving in-principal approval to six proposals. The ...

Exports up 22 % in Q1
NEW DELHI: India’s exports during the first quarter of the current fiscal (April-June 2008-09) touched $42.84 billion (Rs. 1.78-lakh crore) against $35 billion (Rs. 1.44-lakh crore) over the same period last year, a growth of 22.3 per ...

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Barometer


Briefly
SNAPSHOTS
Essar Oil posts Rs. 30 crore net
MUMBAI: Essar Oil posted a net profit of Rs. 29.93 crore for the quarter ended June 30, 2008, as against a net loss of Rs. 5.67 crore in the corresponding quarter in the previous year. Total income was Rs. 9,016.03 crore against Rs. ...

RCoM Q1 net jumps 24%
MUMBAI: Anil Ambani group’s telecom arm Reliance Communications (RCoM) has reported a 23.9 per cent jump in its first quarter net profit at Rs. 1,512 crore. Revenue rose 23.7 per cent to Rs. 5,322 crore from Rs. 4,303.7 crore. ...

Syntel Q2 revenue up
CHENNAI: Syntel Inc., a global IT and KPO firm, has reported a 29 per cent increase in total revenue for the second quarter ended June 30, 2008, to Rs. 444.60 crore from Rs. 345.70 crore in the prior-year period. The gross margin was 41.1 per ...

NCC Q1 turnover at Rs. 972 crore
HYDERABAD: Nagarjuna Construction Company (NCCL) has reported a turnover of Rs. 972 crore (standalone) for the first quarter ended June 30, 2008 against Rs. 763 crore in the corresponding quarter of the previous year, a growth of 27 per cent. ...

Drop in Hexaware Q2 net profit
CHENNAI: Hexaware has reported a gross revenue of Rs. 284.49 crore for the second quarter ended June 30, 2008 against Rs. 266.95 crore in the first quarter ended March 31, 2008. The net profit after tax has declined to Rs. 9.52 crore from Rs. ...

Dabur Pharma Q1 profit at Rs. 18 crore
NEW DELHI: Dabur Pharma has reported a profit before tax of Rs. 17.73 crore for the first quarter ended June 30, 2008, an increase of 49.6 per cent against Rs. 11.82 crore in the corresponding period last year. It, however, did not give the ...

Gayatri Projects posts Rs. 11 crore net
HYDERABAD: Gayatri Projects has reported a net profit of Rs. 11.25 crore in the first quarter ended June 30, 2008 against Rs. 6.44 crore in the corresponding period a year ago. The company has reported a growth of 55.93 per cent in ...

Valued Epistemics launches GREedge.com
CHENNAI: Valued Epistemics Pvt. Ltd. has launched GREedge.com, an online training for GRE aspirants across the country. The product has seen 15,000 plus successful candidates passing through its portals in the beta stage on ...

AIEMA opens new CNC training centre
CHENNAI: AIEMA (Ambattur Industrial Estate Manufacturers Association) Technology Centre has opened a new block for CNC training at Ambattur Industrial Estate. Coimbatore-based Gedee Weiler Private Limited will be the technological sponsor for ...

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