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Home -> Finance -> News

NATIONAL
MRO-TEK posts 18% jump; profits at Rs 4.15 crore
MRO-TEK Ltd, a major provider of product-based solutions to access every network, today (May 30, 2005) announced that the revenues stood at Rs 119.63 crores with PAT at Rs 4.15 crores for the year ended 31 March 2005, compared to the revenues for the year ended March 2004 which stood at Rs 101.04 crores with PAT at Rs 3.52 crores, recording a growth of 18.39 % in revenues and increase of 17.89 % in profit after tax.

Market snaps 7 session gain string; dips by 44 pts
The stock market snapped seven-day long gaining string and today (May 30, 2005) ended 44 points down in listless activity due to profit booking by operators amid slow down in purchases by domestic funds and negative Foreign Institutional Investors (FII) activity.

BSE: Sensex opens weak and fluctuates erratically
The Sensex today (May 30, 2005) opened weak and later fluctuated irregularly in an otherwise lacklustre trade during morning trading on the Bombay Stock Exchange (BSE) on alternate bouts of buying and selling.

INTERNATIONAL
B'desh among top 20 outsourcing destinations of EU
Bangladesh is one of 20 outsourcing destinations designated by the European Union (EU) from where the EU will take software and IT services.