Highlights

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COMPANIES

• ONGC net spurts 84 per cent, to pay 170 per cent interim dividend
• Birla Copper, Sterlite Inds accorded LME registration
• Aptech resorts to job cuts prior to merger with SSI
• Colgate-Palmolive net up 33 per cent
• Raymond net rises 5.5 per cent
• P&G clocks 5 per cent rise in net at Rs 32.04 crore
• Balaji Tele’s Q3 net zooms 105 per cent
• TVS-Electronics net dips
• HPCL Q3 profit zooms
• Bharat Electronics Q3 net up 106 per cent
• SSI net plunges to Rs 16 lakh
• Aurobindo sales, net up in Q3
• Hind Sanitaryware board defers demerger
• Titan staff give strike notice
• Rolls-Royce India to tie up with HAL

INTERNATIONAL BUSINESS

• Puma's profit doubles in '02
• Fuji Film Q3 net up just 2 per cent
• Disney earnings boosted by parks rebound

GENERAL

• GDP posts 5.6 per cent growth In 2001-02
• Fiscal deficit climbs up to 64 per cent at Rs 86,269 crore at Dec-end
• Petrol, Diesel prices up again

BANKING AND FINANCE

• Bank conversion expenses trim Kotak MFL net
• UTI runs up negative reserves of Rs 7,360 cr
• ICICI Bank Q3 net at Rs 330 crore
• Prudential ICICI to tap SIB network for southern foray
• IOB December quarter net up 157 per cent at 117 crore
• Dollar depreciation accounts for 17 pc of forex build-up
• Vijaya Bank starts V-remit
• ICICI PruLife hikes capital
• SBI hints at selective rate cuts

CAPITAL MARKET

• Cipla turns weak as Italy co beats it to inhaler nod
• Rupee stable; gilts recover
• Govt targets Rs 800 cr from Maruti IPO

PEOPLE

• ICI recasts top deck, chairman Ganguli to step down
• Gogoi gets a six-month extension as MD
• Change of guard at Wipro HealthScience