Infosys betters Q1 results -- `There is so much fog on the windscreen, driving is very tough'
SOFTWARE consulting major Infosys Technologies Ltd has reported an increase of 6.07 per cent in net profits and 6.14 per cent in total income for the second quarter ending September 30, 2001 over last quarter.

Morgan cuts India's weightage in index
MORGAN Stanley Capital International (MSCI) today reduced the India's weightage in the Emerging Market Free (EMF) Index by 93 basis points to 6.1 per cent, the largest decrease among world's emerging markets in the index followed by many foreign portfoli o managers.

This time `B' is brand for BPL
THE Rs 3,760-crore BPL group, has indicated plans to leverage its brand to raise funds in future.

Karvy to sell 21.82 pc to NRI
ONE of the largest capital market intermediaries in the country, Hyderabad-based Karvy Consultants Ltd, plans to sell 21.82 per cent of the company's stake to US-based NRI investor and promoter of Procon Inc., Mr Prasad V Potluri, for a consideration of Rs 1,84,61,560.

HLL: Cashing it, in reverse
THE issue of bonus debentures by the fast-moving consumer goods (FMCG) major, Hindustan Lever Ltd (HLL), though a new concept, is a positive move to reward the company's investors, analysts and market functionaries said.

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