Compact cars drive Maruti Q2 net higher
New Delhi: Maruti Udyog Ltd yesterday announced that its net profit during the second quarter of this fiscal surged to Rs 124 crore on a turnover of Rs 2,277 crore as sales of its compact cars continued to grow.
Back to News Review index page  

VSNL net profit down by 73per cent
Mumbai: Videsh Sanchar Nigam Ltd has reported a 73 per cent drop in net profit, at Rs 48.7 crore, for the quarter ended September 30, 2003, from the restated net profit of Rs 185.8 crore reported for the corresponding quarter of the previous year.
Back to News Review index page  

MRPL net loss trimmed
New Delhi: Mangalore Refinery and Petrochemicals Ltd has recorded a net loss of Rs 45 crore on a gross turnover of Rs 2,788 crore for the second quarter ended September 30. For the corresponding period last year, the company recorded a net loss of Rs 84 crore on a turnover of Rs 1,976 crore. This translates into a 41 per cent rise in net profits and decrease in losses to the tune of 46 per cent for the period under review.
Back to News Review index page  

Anchor restrained from using Colgate pack colours
New Delhi: The Delhi High Court has restrained Anchor Health & Beauty Care Pvt Ltd from using Colgate's colour combination of red and white on the packaging of its toothpowder, according to a release issued by Colgate-Palmolive (India) here on Friday
Back to News Review index page  

Sami Labs initiates research in plant-based drugs
The Bangalore-based Sami Labs has initiated research into four potential plant-based drugs that are now into pre-clinical trials.
Back to News Review index page  

Goodyear tyres for Skoda, Optra
Goodyear India has announced that the company has been chosen as the original-equipment supplier for two domestic passenger cars, the Skoda and GM Chevrolet Optra, and two export cars, the Telco City Rover and Telcoline 4X2.
Back to News Review index page  

Welspun Q2 net up at Rs 28.46 crore
Ahmedabad: Welspun Gujarat Stahl Rohren Ltd has reported a net profit of Rs 28.46 crore for the second quarter ended September 30, 2003 against a net loss of Rs 4.1 crore in the corresponding period last year.
Back to News Review index page  

Bright Star acquires VST Industries shares
Hyderabad: Bright Star Investments Pvt Ltd has informed the bourses that it had acquired 3,10,442 shares amounting to 2.01 per cent of VST Industries Ltd.
Back to News Review index page  

CDOT partners with Audiocodes
New Delhi: Audiocodes Ltd, a provider of voice over packet technologies and systems, and CDOT, telecom technology centre of Government of India, have announced that they are partnering to develop and market voice-over-IP gateway solutions for the domestic telecom carrier market, as well as similar markets outside India.
Back to News Review index page  

Lowe launches relationship solutions
Mumbai: Lowe Personal, a division of the Integrated Marketing Action Group of Lintas India, has launched strategic relationship solutions to provide end-to-end customer relationship management solutions for consumers and for the trade, including distributors, stockists and retailers
Back to News Review index page  

Essecom offers `pay by use' BPO services
Bangalore: ESSECOM, based in Bangalore, has launched its operations to offer a new concept in BPO by providing `pay by use' facility to BPO vendors and banks.
Back to News Review index page  

Caritor to invest $10 million
Bangalore: Caritor, formerly `IT Solutions', plans to invest $10 million in expanding its operations and expects to hire over 1,000 people in a year's time. The decade-old `IT Solutions' also formally announced its new name Caritor, even as it plans to go on a major branding exercise.
Back to News Review index page  

24/7 Customer plans to recruit
Bangalore: 24/7 Customer, a provider of outsourced contact centre and BPO services, plans to add 300 seats and recruit an equal number of people to its operations in Bangalore over the next few months. The company currently has 2,200 people operating from its two contact centres in Bangalore and close to 300 people in Hyderabad.
Back to News Review index page  

PSI Data in pact with Steria Groupe
Mumbai: The pan-European Steria Groupe has teamed with the Bangalore-based PSI Data Systems for pursuing software business opportunities across Europe and for providing offshore services from India.
Back to News Review index page