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ICI Q2 net down 65%
Mumbai: ICI India has reported a net profit of Rs 6.8 crore for the quarter ended September 30, 2003 as against Rs 19.75 crore in SQ02. Total income increased 1% from Rs 177.9 crore in SQ-02 to Rs 180 crore in the quarter ended September 30, 2003, a release issued to the BSE stated.
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Aurbindo Pharma Q2 net up 56.8%
Mumbai: Aurobindo Pharma has reported a 56.8% increase in net profit at Rs 32.15 crore for the quarter ended September 30, 2003 as against Rs 20.5 crore in SQ02.

According to the release issued to the BSE today, the total income increased 14.7% from Rs 308.3 crore in SQ-02 to Rs 353.7 crore in the quarter ended September 30, 2003.
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Idea achieves financial closure
Mumbai: Idea Cellular, the equal three-way venture between the A V Birla group, the Tata group and AT&T Wireless, has achieved financial closure of Rs 5,000 crore. It is understood to be the largest ever in Indian telecom history.
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Tata Motors plans major overseas foray
Mumbai: Tata Motors is planning a major international business strategy which entails acquisitions and joint ventures with other auto companies.

After studying opportunities in 60-odd countries, the company has zeroed in on a dozen countries and select segments where it perceives potential.
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Tata Steel Q2 net profit doubles
Mumbai: Tata Steel has ended the second quarter of 2003-04 with a 101 per cent increase in net profit at Rs 403.10 crore against Rs 200.66 crore in the year-ago period.
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Hind Lever posts higher Q3 net
Mumbai: Hindustan Lever Ltd has ended the third quarter with a 2.9 per cent decline in its net profit (before exceptional items) at Rs 408.15 crore (Rs 420.13 crore) mainly on account of an interest outgo of Rs 29.96 crore on bonus debentures allotted to shareholders this year.
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Saint-Gobain to invest additional Rs 500 crore in TN
Chennai: Saint Gobain Glass, the French multinational, will invest another Rs 500 crore in Tamil Nadu. The company on Thursday signed an expression of commitment with the State Government for this investment.
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WelcomHeritage announces entry into S. India
New Delhi: WelcomHeritage on Thursday announced its entry into South India. The chain has signed a franchise and management agreement with the Maharaja of Mysore, Mr Srikanta Wadiyar, for three properties, two in Mysore and one in Ooty.
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TV Today files Red Herring IPO prospectus
New Delhi: TV Today Network, the owner of the news channels, Aaj Tak and Headlines Today has filed a Draft Red Herring prospectus with the Securities and Exchange Board of India for its proposed initial public offer of equity shares to be sold through the 100 per cent book-building route, a press release stated.
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Fischer Chemical gets German quality certification
Chennai: Fischer Chemical has had the quality of its manufacturing process certified by a German company to boost its recently started export of speciality chemicals.
Specialty chemicals are exported to companies
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3Com aggressive on India; targets enterprise segment
Bangalore: NETWORKING solutions provider 3Com, as part of its renewed focus on the Indian market, is aggressively targeting the enterprise customers.
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Satyam inks deal with AIG Tech
Hyderabad: Satyam Computer Services Ltd has announced that it has signed a multi-year agreement with American International Technology Enterprises Inc, which does business as AIG Technologies, and is a member company of American International Group Inc
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Sail Q2 nets Rs 505 crore
Kolkata: Steel Authority of India posted a net profit of Rs 505.2 crore for July-September '03 against a net loss of Rs 158.4 crore in the corresponding quarter of the previous year
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domain-B : Indian business : News Review : 31 October 2003 : companies