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NATIONAL
Mphasis BFL Q1 net profit at Rs 19.49 crore
Bangalore: Software major Mphasis BFL Ltd on July 9 reported a net profit of Rs 19.49 crore during April to June 2003, an increase of 40.3 per cent over Rs 13.89 crore recorded during first quarter of last fiscal.

Maruti to focus on used car segment for growth
Mumbai: Maruti Udyog Ltd (MUL), whose scrip was listed on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) on July 9, will continue to focus on small cars and grow its used car business even as its stock witnessed heavy buying interest with latest combined traded volume crossing the Rs 550 crore-mark.

SENSEX meets resistance, hectic activity on MUL
Mumbai: The SENSEX opened on a promising note but later turned weak during morning trading, even as hectic activity was seen in shares of Maruti Udyog Ltd (MUL) on the first day of its listing on the Bombay Stock Exchange (BSE) on July 9 on fairly heavy buying support.

Maruti Udyog scrip lists at Rs 158.40 on BSE
Mumbai: The Maruti Udyog Ltd's (MUL) scrip was on July 9 listed at Rs 158.40 on the Bombay Stock Exchange (BSE).

INTERNATIONAL
Indian telecom cos seek alliances with Israeli firms
Tel Aviv: With an eye on the global telecom market, captains of India's telecommunication industry have sought joint collaboration with Israeli firms and urged them to invest in the growing sector.

20 Indian cos figure on Forbes list of top companies
New York: Twenty Indian companies, including State Bank, Reliance Industries, Indian Oil and Oil and Natural Gas make to the Forbes list of top 2,000 companies worldwide for 2003.

11 Indian cos among top 200 Emerging Market cos' list
London: Eleven Indian companies led by Oil and Natural Gas Company (ONGC) and Reliance have found a place in the top 200 Emerging Market Companies in a list published by a leading business weekly.