NATIONAL ABB India Q1 net up 63 per cent at Rs 27.5 crore Power equipment major ABB India today (Apr 14, 2005) posted a 63 per cent jump in first quarter net profits at Rs 27.5 crore over Rs 16.9 crore reported between January and March 2004.
Large participation from buyers for Fashion Week Fashion Design Council of India (FDCI), the apex body of the Indian Fashion Industry today (Apr 14, 2005) announced that over 60 International buyers from 12 countries, along with 90 domestic buyers will participate at Lakme India Fashion Week (LIFW) 2005 from April 20 - 26, 2005 at The Grand, New Delhi. The mega event is awaiting confirmation during the next one week from many more serious buyers.
More call centre jobs likely for the disabled Armed with the knowledge of computer and other modern technologies, the disabled are knocking at the doors of IT-enabled services and business process outsourcing industry but jobs are coming in a trickle.
Infosys posts Q4 net below market expectations Software major Infosys today (Apr 14, 2005) posted net below market expectations at Rs 558.64 crore in the fourth quarter and Rs 1891.67 crore in 2004-05 and projected a flat growth in the first quarter ending June.
Volvo plans foray in city buses segment in India After making a splash in the luxury coach segment, Swedish automobile major Volvo now plans to foray into city buses segment in India, as it sets out to play a bigger role in the country's transportation sector, a top company executive said today (Apr 14, 2005).
Reliance Energy FY-05 net rises by 39.07 percent Anil Ambani-controlled Reliance Energy Ltd today (Apr 14, 2005) reported a 39.07 per cent rise in net profit at Rs 520.29 crore for the fiscal ended March 31, 2005, as against Rs 374.12 crore in the previous fiscal.
IGATE posts net profits of Rs 21.2 crore for FY 05 IT services firm iGATE Global Solutions Limited has posted net profits of Rs 21.2 crores for the year 2004-05, a jump of over Rs 8 lakhs reported in the previous fiscal.
Infosys reports 52.11 per cent jump in net profit Software major Infosys Technologies today (Apr 14, 2005) reported a net profit of Rs 1891.67 crore during 2004-05, a jump of 52.11 per cent over Rs.1243.63 crore posted in the previous fiscal and announced that it would cross the $ 2 billion mark in the current fiscal.
INTERNATIONAL IMF advises India to reduce its budgetary deficit The International Monetary Fund (IMF) yesterday (Apr 13, 2005) advised India to reduce the ten per cent budgetary deficit of the Central and State Governments, saying this is needed to find funds for necessary infrastructure.
