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Wipro
net up 19 per cent at Rs 274 cr in Q3
Bangalore: Wipro Ltd posted its highest-ever quarterly
profit of Rs 274 crore for the third quarter ended December
31, 2003 - a 19 per cent rise over the corresponding period's
Rs 231 crore in the previous year.
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Ranbaxy
enters the field of herbal medicine
New Delhi: Ranbaxy Laboratories Ltd on Wednesday
unveiled three new herbal medicine brands under the `New
Age Herbals' brand.
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iGATE
net loss at Rs 2.65 crore
Bangalore: iGATE Global Solutions on Monday reported
a net loss of Rs 2.65 crore for the third quarter ended
December 2003 as against a net profit of Rs 3.56 crore
in the corresponding period last year.
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Hahnemann
Herbal to set up Rs 30-cr project in Bengal
Kolkata: Hahneman Herbal Ltd, an ayurvedic medicine
manufacturer, is planning to take up Rs 30-crore project
for herbal cosmetics and toiletries in West Bengal.
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Philips
automotive lighting division expects 30 per cent growth
New Delhi: The automotive lighting division of
Philips India is eyeing 30 per cent increase in sales
in the current calendar year.
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Pricol
to launch 2-wheeler security systems for OE sector
New Delhi: Automobile components manufacturer and
electronic instrument clusters maker, Pricol, is set to
launch two-wheeler security systems for the original equipment
sector.
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BHEL
bags power plant order
Madurai: Bharat Heavy Electricals Ltd at Tiruchi,
near here, has bagged a contract for setting up a 250-MW
power plant at New Parli thermal power station extension
project in Beed district in Maharashtra amidst international
competitive bidding.
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OVL
to acquire up 11 per cent stake in Sudan oil field
New Delhi: ONGC Videsh Ltd , the overseas arm of
Oil and Natural Gas Corporation, is set to acquire 11
per cent equity in two oil exploration blocks in Sudan
for a consideration of $125.4 million.
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Hutch
launches e-TopUp pay facility in Gujarat
Ahmedabad: Hutch, the leading cellular service
provider in Gujarat with over 8.2 lakh subscribers, on
Tuesday announced a voucherless prepaid refill service
called `eTopUp' to its customers in the State.
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VSNL
net jumps 121 per cent in Q3
Mumbai: A one time profit of Rs 94.1 crore from
the sale of investment in Inmarsat Ventures Plc, a nearly
halved provision for taxation as well as considerably
lower current tax has enabled VSNL to report a 121 per
cent increase in net profit, year-on-year, for the quarter
ended December 31, 2003.
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