NATIONAL Govt to sell its residual shares in five PSUs
New Delhi: The Cabinet Committee on Disinvestment on July 10 agreed to sell government's residual shares in five public sector undertakings (PSUs) including VSNL, CMC and IPCL, Union Minister for Disinvestment Arun Shourie said.
Infosys net up 28.25 pc at Rs 278.12 crore for Q1
Bangalore: Software major Infosys Technologies on July 10 reported a 28.25 per cent jump in net profit at Rs 278.12 crore for the quarter ended June 30, 2003, over the corresponding period of the last fiscal,
and revised upwards its revenue and earnings per share (EPS) guidance for the current financial year.
CCD clears transaction documents for NFL, HC
New Delhi: Cabinet Committee on Disinvestment (CCD) is understood to have cleared transaction documents for disinvestment of Hindustan Copper (HC) and National Fertilisers Ltd (NFL), and also approved a proposal for offloading majority stake in Mineral Exploration Corporation Ltd (MECL).
Infy to post 'Invitation to Offer' on ADR by July 12
Bangalore: NASDAQ-listed, Bangalore-headquartered software major Infosys Technologies on July 10 said it plans to despatch the "Invitation to Offer" with respect to the sponsored secondary ADR programme to the shareholders in India by July 12.
Infosys Q1 results boost morning trading; SENSEX up
Mumbai: Powered by announcement of excellent first quarter results by IT bellwether Infosys Technologies, IT stocks flared up aiding the SENSEX shoot up sharply during morning trading on the Bombay Stock Exchange (BSE) on July 10 on hectic buying support by operators as well as foreign funds.
Infosys net up 28.25 pc at Rs 278.12 crore for Q1
Bangalore: Software major Infosys Technologies on July 10 reported a 28.25 per cent jump in net profit at Rs 278.12 crore for the quarter ended June 30, 2003, over the corresponding period of the last fiscal,
and revised upwards its revenue and earnings per share (EPS) guidance for the current financial year.
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.
