Anil Ambani group company Reliance Communications on Monday posted a net profit after tax at Rs 8.45 crore (Rs 84.5 million) for the quarter ended June 30, 2006.
Faulting the procedure adopted by the government for divestment of the controversial Mumbai Centaur Hotel property, a Parliamentary Standing Committee has demanded a thorough probe by the Central Vigilance Commission into the deal.
With RBI's repo rate cut and strong macroeconomic fundamentals like benign inflation, strong forex reserves and stable rupee, GDP growth is expected to be higher and interest rates are poised to touch new lows, PNB Gilts has said.
The government on Tuesday cleared 34 foreign direct investment proposals worth Rs 617.28 crore, including Zee Telefilm's plans to issue Rs 480 crore foreign currency convertible bonds to two foreign companies.
Biotech major Biocon, which has projected sales turnover of Rs 700-750 crore (Rs 7-7.5 billion) this year, on Friday said it will launch recombinant human insulin in two weeks.
Honda Siel Cars India on Thursday said it was looking at scaling up its production in India up to 1,00,000 units in the next five years, while launching its new mid-sized sedan, Honda City ZX.
The central government's gross tax collections rose by 20 per cent to Rs 17,297 crore (Rs 172.97 billion) during the first two months of 2004-05.
Housing Development Finance Corporation Ltd has posted a 28.86 per cent rise in its consolidated net profit at Rs 951.17 crore for the fiscal ended March 31, 2004, compared to Rs 738.09 crore in the previous financial year.
Zee Tele has reported a 3% increase in net profit at Rs 17.07 crore (Rs 170.7 million) for the quarter ended June 30, 2003 when compared with Rs 16.60 crore (Rs 166 million) last fiscal.
Wockhardt hit a 52-week abyss at Rs 306.05 in early trades after the company reported a steep 64% fall in net profit.
India's Yuki Bhambri and Jeevan Nedunchezhiyan cleared the first hurdle in the qualifying event of the ATP Chennai Open, scoring easy wins over their compatriots in Chennai.
HDFC Bank Ltd has posted a 30.6 per cent rise in net profit at Rs 117.14 crore for the second quarter ended September 30, 2003, compared to Rs 89.69 crore in same period last fiscal.
Sabine Lisicki, the 2103 Wimbledon runner-up and former World No. 12, now on a comeback trail, found the going too tough against eighth seed Nao Hibino of Japan, losing in three sets in a first round match.
"The need of the hour in Indian education system is to create the awareness around academic integrity" said Prof Anil Sahasrabudhe, chairman, All India Council for Technical Education.
Summary of sports events and persons who made news on Tuesday
Padmini Rout's unbeaten run was halted by top seed Aleksandra Goryachkina in the eighth round of the LIC World Junior Chess Championships, at the Hotel Hyatt, in Pune, on Tuesday. After a day's rest, the girls' section was dominated by the higher-rated Russians in the fray, with Daria Pustovoitova defeating Anna Iwanow of Poland. Both the Russian girls and Anna Iwanow of Peru jointly lead the girls' section in the 77-player event with 6.5 points each.
The latest tennis rankings have been announced by the ATP and WTA
Poland's Magdalena Fularczyk-Kozlowska and Natalia Madaj edged past Britain's Katherine Grainger and Victoria Thornley in the final meters of the race to snatch the gold medal in the women's double sculls at the Olympic rowing regatta on Thursday. The nail-biter saw the two boats neck-and-neck for much of the race. Britain led Poland by just .64 seconds at the halfway mark and appeared poised to win.
Padmini Rout is well-placed along with four foreigners atop of the points' table after seven rounds in the LIC World Junior Chess Championships, being played at Hotel Hyatt, in Pune. With six rounds left in the tough 13-round Swiss league event, the players in both sections are tightly bunched, making the hunt for the title quite open.
'There are different kinds of risk.' 'It is a very powerful value. Your ability to de-risk the risk is also as important for risk taking.'
Indian Grandmaster S P Sethuraman came back into the reckoning for top honours after defeating Duda Jan-Krzysztof of Poland in the seventh round of the World Junior Chess Championship in Kocaeli.
Indian Grandmasters Vidit Gujrathi and S P Sethuraman placed themselves for a medal contention as they defeated Jorge Cori of Peru and Vladislav Kovalev of Belarus respectively in the 12th and penultimate round of World Juniors Chess Championship.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances