HLL posts 8.22 pc rise in first-quarter net
Mumbai: FMCG major Hindustan Lever Ltd (HLL) has reported an 8.22 per cent rise in its profit after tax for the first quarter ended March 31, 2003, to Rs 382.92 crore as against Rs 353.82 crore in the previous corresponding period
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Britannia gains most from World Cup promos'
Mumbai: Biscuit major Britannia India's Britannia khao, World Cup jao promotion has emerged as the most recalled sales promotion among all World Cup-related cricket sales promotion activity, according to topline findings of market research agency NFO MBL.
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AirTel cuts rates
New Delhi: AirTel, the cellular service provided by Bharti Tele-Ventures, on Wednesday announced ``significant'' benefits for both its pre-paid and post-paid category subscribers making mobile-to-mobile, national (STD) and international long distance (ISD) calls.
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MTNL may match Reliance WLL rates
New Delhi: MTNL is set to give Reliance Infocomm a run for its money. The company will offer WLL services in Delhi and Mumbai at the same rates or less than that offered by Reliance. The services are expected to be launched by the end of April.
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Hero Honda unveils `CD-Dawn'
New Delhi: Hero Honda, India's largest two-wheeler maker, on Wednesday introduced a new entry-level motorcycle, the `CD-Dawn', to take on similar low-end bikes from rivals, Bajaj Auto and TVS Motor Company.
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Bharat Electronics eyes set top boxes
New Delhi: Bharat Electronics Ltd (BEL) plans to manufacture set top boxes and also integrated receiver recorders for digital terrestrial transmission, thus improving its civilian presence.
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Altek wins safeguard `case' against Chinese
Chennai: Altek Lammertz Ltd, a Chennai-based industrial sewing machine needles manufacturer, has won a favourable ruling from the Director General (Specific Safeguards), against the Chinese.
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Arbitration clause in machinery lease accord — Madras HC upholds invoking Section 9 (2) (e)
Chennai: The Madras High Court has held that Section 9 of the Arbitration and Conciliation Act could be invoked even without referring the dispute to the arbitrators.
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GAIL, Haldia Petro in marketing pact
New Delhi: Ahead of a Rs 200-crore equity investment by the Government-owned gas distribution firm GAIL (India) Ltd in the Kolkata-based Haldia Petrochemicals Ltd, the two companies on Wednesday announced a product exchange tie-up to bolster each other's marketing efforts.
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Domestic car sales climb 15 per cent in March
New Delhi: Domestic car sales rose by 15.2 per cent in March as Maruti Udyog, Hyundai Motor India and Tata Engineering increased sales, while the industry ended the year with a jump of 6.4 per cent at 5,41,738 units.
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MUL rolls out Grand Vitara
New Delhi: Maruti Udyog launched the popular sports-utility-vehicle Grand Vitara XL-7 at Rs 15.96 lakh here on Wednesday, and said its passenger vehicle sales might increase by at least 10 per cent this fiscal.
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Auto sector may see better growth: Siam
New Delhi: The Society of Indian Automobile Manufacturers said the industry was likely to further improve its growth rate during this fiscal as industrial growth was expected to grow around eight per cent in 2003-04.
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Bharat Electronics to buy civilian radar system from Anglo-Italian firm
New Delhi: State-run Bharat Electronic Ltd has awarded a contract worth over 60 million euro to Alenia Marconi Systems to supply civilian radar system to modernise the surveillance network across the airports managed by the Indian Air Force.
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Reuters revenues slump 10 per cent in Q1
New Delhi: Troubled financial information giant Reuters announced on Wednesday a slump in core revenues for the first three months of the year and warned that worse was to come.
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