Business Daily from THE HINDU group of publications
Thursday, April 17, 2008
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Markets (April 16)
BSE Sensex16244.19 (+90.53)
S&P CNX Nifty4887.30 (+7.65)
US Dollar39.99


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CORPORATE RESULTS

DIVERSIFIED
BASF net profit up 18%
Aided by an overall improvement in operating results and higher capacity utilisation, BASF India reported an 18.5 per cent increase in its net profit at Rs 59.37 crore for the year ended March 31, 2008. The company’s sales revenue itself ... More

PETROLEUM
Petronet LNG net rises
Petronet LNG Ltd has posted a net profit of Rs 120.03 crore for the quarter ended March 31, 2008 as compared to Rs 106.0 crore for the quarter ended March 31, 2007. Total income has increased to Rs 1,770.54 crore for the fourth quarter from Rs ... More

SOFTWARE
Aztecsoft Q4 net profit declines 53%
Bangalore, April 16 Software engineering services provider Aztecsoft Ltd reported a 53.3 per cent decline in net profit in the fourth quarter for financial year 2008, but said revenue increased 10.4 per cent. The company said for the ... More

Bigger volumes push MindTree Q4 net up
Bangalore, April 16 MindTree Ltd, an IT and R&D services company, reported 37.3 per cent rise in fourth quarter revenue, predominantly helped by growth in volume and billing rates. Net profit for the quarter rose 41.5 per cent to Rs 34.70 ... More

FINANCIAL INSTITUTIONS
Power Finance net profit dips 19% to Rs 297.32 cr
Plans diversifying its lending portfolio More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
Kesoram Cements expanding capacity


Insurers in brokerage bring poaching fears

Delayed supply by ITI hits BSNL’s mobile expansion

Typhoon in S. China Sea, heat builds over north India

Panel may suggest ‘revenue neutral’ duty rejig to tame steel prices

TRAI supports reduction in licence fee on DTH

GSM operators opt out of Blackberry talks

Looking back
Apr. 6-Apr. 12
Mastek posts 65% rise in Q3 net at Rs 35 cr


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