The Hindu Business Line : Tuesday, July 31, 2007

Tata Steel net up 29% on better realisation of prices
Mumbai, July 30 Tata Steel Ltd has posted a 29 per cent rise in net profit for the quarter ended June 30, thanks to a combination of better realisation in the average price of steel and currency valuation gains on foreign borrowings. Net ... More

RBI concerned over hike in lending to realty sector
Outstanding loans jump to Rs 46,295 cr More

Jet Air reports Rs 31-crore Q1 profit
Jet Airways India Ltd reported a net profit of Rs 31 crore for the first quarter ended June 30, as against a loss of Rs 45 crore in the corresponding quarter last year. According to the company, a $32 million forex gain has contributed to the ... More

TN wants public approval before clearing Tata project
Titanium dioxide project in Tuticorin More

IndianOil net rises 11% to Rs 1,468 cr
New Delhi, July 30 Gains from rupee appreciation and good refinery margins helped Indian Oil Corporation Ltd (IOC) register an 11 per cent rise in net profit for the first quarter of the current fiscal at Rs 1,468 crore against Rs 1,321.82 ... More

Hind Unilever: Healthy growth, but buyback terms may disappoint
BL Research Bureau Hindustan Unilever (HUL) has delivered healthy profit growth in the latest quarter after two successive quarters of disappointing numbers. Growth in sustainable profits (before exceptional items) has accelerated to 24.5 per ... More

Azim Premji picks up 1.24% stake in Marico
Bangalore, July 30 The soap-to-software firm Wipro Group’s Chairman, Mr Azim Premji, has picked up a small stake in one of the country’s top FMCG companies Marico Industries.Confirming the investment, Marico’s Chief ... More

M&M Q1 net dips 6.4%
Strong rupee, lower export realisation hit profitability More

Dell’s Sriperumbudur plant goes on stream
Recycle scheme also on with 2 partners More

Cement cos’ price realisation growth slows down in Q1
Mumbai, July 30 The growth in price realisation for cement companies has slowed down in the quarter ended June 2007 compared to the fourth quarter ended March 2007 (on sequential basis). This probably reflects that the companies have ... More

Realty stocks tumble on weakening prices
‘Oversupply situation may keep prices down this fiscal’ More

Bank stocks jump ahead of credit policy
Analysts expect RBI to keep interest rate unchanged More

SBI arms up on liquidity hopes
Three SBI subsidiaries – State Bank of Bikaner and Jaipur (SBBJ), State Bank of Travancore (SBT) and State Bank of Mysore – have been gaining and registering new peaks in recent times on the bourses. According to market ... More

Shifting trough set to lift rains in east, northeast
The India Meteorological Department (IMD) has officially put northwest and adjoining west-central Bay of Bengal under the radar for a low-pressure area expected to brew from August 4. An IMD forecast confirmed that a preparatory upper air ... More

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