The Hindu Business Line : Friday, April 11, 2003

Infosys rattles market
A WEAKER-THAN-EXPECTED performance by technology leader Infosys, coupled with gloomier profit guidance for the year ahead, knocked the wind out of stock markets on Thursday. The "shocking" news dragged an already-depressed 30-share sensitive ... More

Net rises, but Infosys warns of slow growth
THE largest listed software exporter Infosys Technologies Ltd that topped its earnings guidance said its net profit for financial year 2002-03 was Rs 957.93 crore, up 18.56 per cent from Rs 807.96 crore a year ago. It, however, cautioned that ... More

Industrial production grows 6.4 pc in Feb
INDUSTRY appears to be on a sustained revival path, with the official Index of Industrial Production (IIP) growing by 6.4 per cent in February as against 2.4 per cent during the same month last year. The 6.4 per cent year-on-year overall growth ... More

TRAI clears alternative tariff packages
THE Telecom Regulatory Authority of India (TRAI) has approved the alternative tariff packages filed by Bharat Sanchar Nigam Ltd (BSNL), Mahanagar Telephone Nigam Ltd (MTNL) and Tata Teleservices Ltd (TTL). A TRAI statement said that the new ... More

RBI nod for HLL bonus debenture
HINDUSTAN Lever Ltd has received the approval of Reserve Bank of India for the issue and allotment of bonus debentures and payment of special dividend. The company said this was the last approval and final step required to implement the ... More

Suez Lyonnaise told to make open offer for Ondeo Nalco
THE Securities and Exchange Board of India Chairman, Mr G.N. Bajpai, has ordered French water treatment and chemicals major, Suez Lyonnaise des Eaux — acquirer of controlling interest in the Ondeo Nalco India Ltd — to make public ... More

Down South, Bangalore goes for Benz
HERE'S a surprise. If you think textile town Coimbatore or flush-with-NRI-funds-Kochi is where the nouveaux riche buy their three-pointed star vehicles the most down South, you are off the mark by a wide margin. Coimbatore is not even among the ... More