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ICSA net up in Q2
Hyderabad: The Board of Directors of ICSA (India) Ltd has decided to convene a meeting of the company next month to consider and issue 400,000 equity shares on preferential allotment to the promoters of the company as per SEBI guidelines.

ICSA in a statement has said that it recorded total income of Rs.4.31 crore and a net profit of Rs85 lakh for the quarter ended September 30, as against total income of Rs1.24 crore and a net profit of Rs14 lakh for the corresponding quarter last year.

The company had recorded total income of Rs6.05 crore and a net profit of Rs53 lakh for 2003-04.
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ADRs - Indian companies as on October 21
US Index Report
Date Oct 21 2004
DJIA Dow Jones Industrial Average 9865.76 - 21.17
NASDAQ Nasdaq Composite 1953.62 + 20.65

Indian ADRs on Nasdaq and NYSE
Date Oct 21 2004

IBN ICICI Bank Ltd $ 14.80 + 0.21
INFY Infosys Technologies Ltd $ 63.57 + 1.15
REDF Rediff.com India Ltd $ 7.69 - 0.131
SIFY Sify Ltd $ 5.71 + 0.05
VSL Videsh Sanchar Nigam Ltd $ 7.24 + 0.06
WIT Wipro Ltd $ 21.24 + 0.08
RDY Dr.Reddys Laboratories Ltd $ 16.59 + 0.05
SAY Satyam Computer Services Ltd $ 25.64 + 0.20
HDB HDFC Bank $ 32.33 + 0.57
MTE Mahanagar Telephone Nigam Ltd $ 7.42 + 0.27

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domain-B : Indian business : News Review : 25 October 2004 : markets