Business Line articles from October 2006

Business Line archives from October 2006

Wheat MSP hiked by Rs 100.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - The Centre has fixed the minimum support price (MSP) of the current year's wheat crop, to be procured from April next, at Rs 750 per quintal. This is Rs 100...

Shut mobile networks to check cheating, rigging.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - What does one do to prevent rigging in elections and mass copying during exams? Various State Government authorities seem to think that shutting down mobile...

Tata Motors Q2 net up 31%.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Tata Motors has posted 31 per cent increase in net profit for the second quarter to Rs 441.72 crore from Rs 337.87 crore in the corresponding previous period...

Sensex at new high, tops 13,000.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - The BSE-Sensex steered past the 13,000 psychological mark on Monday. Fresh inflow of funds from new global markets like Australia coupled with strong earnings...

Corporate social responsibility.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Coimbatore, Oct. 30 - The Confederation of Indian Industry (CII) is organising a seminar on 'Corporate social responsibility (CSR) -journey towards inclusive growth' in Coimbatore...

Offer letters at Managemantra.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Chennai, Oct. 30 - About 260 offer letters were issued to over 200 students from 40 management institutes in South India at 'Managemantra 2006,' according to a press release....

Titan opens watch care centre in Tirupur.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Coimbatore, Oct. 30 - Titan Industries Ltd (TIL) has opened an exclusive standalone Titan Watch Care Centre (WCC) at the hosiery town Tirupur. This is the first exclusive...

'Enjoy your job, be successful'.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Chennai, Oct. 30 - Is there any relation between the world of cinema and corporate management principles? Is it possible to implement management principles in this industry, which...

South Australia, TN sign sister-State agreement.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Chennai, Oct 30 - South Australia is interested in promoting joint ventures with Tamil Nadu in various sectors including the mining and automotive industries, according to Mr Mike...

Modi plans integrated township policy for Gujarat.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Singapore, Oct 30 - The Gujarat Chief Minister, Mr Narendra Modi, on Monday said that he proposed to come out with an 'integrated township policy' for Gujarat which would create...

Visa-free entry for businessmen in US urged.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - The Indo-American Chamber of Commerce (IACC) has urged the US Government to allow Indian businessmen to enter the US without any 'visa', when such facility is...

Micro-turbine biogas project commissioned in Purulia.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - The country's first micro-turbine project using biogas, launched with partial assistance from the US , was commissioned in Purulia today. It will generate...

IIT Kharagpur plans new campus in Kolkata.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - Indian Institute of Technology, Kharagpur (IIT-KGP), on Monday announced detailed plans to set up its new Kolkata campus at Rajarhat New Town at an estimated...

NSHM ties up with Swiss co.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - NSHM Knowledge Campus of Durgapur, India's largest All-India Council of Technical Education-accredited private hotel management institute, has forged a tie-up...

'Yi aims to emerge as voice of young Indians in nation-building'.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - The Young Indians (Yi) organisation, formed three years ago, is an integral part of the Confederation of Indian Industry (CII), and expects to emerge as a...

India-China border trade slow off the blocks.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Sherathang, Oct. 30 - India-China border trade, thrown open on July 6 this year ceremoniously, has picked up in fits and starts with total two-way trade till date recording a mere...

Hamburg offers expertise in sustainable development.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - Hamburg, an industrial city in Germany, is keen to offer Delhi its expertise in achieving sustainable development, the German City State's Minister for City...

Traders down shutters in Delhi.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - The traders' bandh in Delhi could have impacted economic activity to the extent of Rs 2,500 crore and about 10 lakh directly employed people along with large...

Heritage Foods to launch pilot stores in November.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Hyderabad, Oct. 30 - Even as Reliance announced the launch of its retail pilot stores in Hyderabad on Sunday, Heritage Foods has said that it is opening its own pilot stores in...

Motorola opens R&D centre in Hyderabad.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Hyderabad, Oct. 30 - Motorola today announced the establishment of an R&D centre in Hyderabad that would help the company consolidate its intellectual property development and...

'SEZ will come up at Kakinada'.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kakinada, Oct. 30 - With the ONGC reviewing the viability of the proposed refinery and special economic zone project here, it seemed like almost curtains had fallen on the...

Jupiter Capital's plans.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - Jupiter Capital, Mr Rajeev Chandrasekhar's Venture Development, Management has announced that it will be investing over Rs 2,000 crore in diverse projects...

TN to promote 6 cities for IT parks.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - Tamil Nadu has embarked upon a major initiative to promote six cities for establishing IT parks. In an announcement at the BangaloreIT.in, the IT Secretary,...

Book on 50 yrs of banking growth in Karnataka.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mangalore, Oct. 30 - A book on 50 years of banking development in Karnataka - authored by Dr N.K. Thingalaya, economist - will be released on November 2 A press release by...

'Engineering students communication skills below expectations'.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - Only one in four engineers are employable, according to a skills assessment test conducted by MeritTrac in the State Communication skills Communication...

Hindustan Newsprint expansion.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kottayam, Oct. 30 - The Union Minister for Heavy Industries and Public Enterprises, Mr Santhosh Mohan Dev, inaugurated the expansion-cum-diversification project of the Hindustan...

Workshop on forex management.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kochi, Oct. 30 - The Kerala Management Association will organise a one-day workshop on 'Foreign Exchange Management' on Friday Lectures and interactive sessions will cover RBI...

Budget tourism package.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kochi, Oct. 30 - Malaysia Tourism and SriLankan Airlines have jointly announced a "value-for-money" package for tourists from India. The offer involves a four-day three-night...

Sarovar Hotels to add rooms.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Thiruvananthapuram, Oct. 30 - Sarovar Hotels Pvt Ltd, a company that manages hotels and resorts across India, is planning to add more rooms to its existing properties in Kerala...

PSUs may become more autonomous.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Thiruvananthapuram, Oct. 30 - The issue of granting more functional autonomy to public sector undertakings will be taken up at the next meeting of the Group of Ministers,...

Master plan to revive inland water transport in Kerala.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kochi, Oct. 30 - The National Transportation Planning and Research Centre (NATPAC) is planning to prepare a master plan for Kerala waterways and its feeder routes with a view to...

Kerala Govt finds new promoter for revival of Trayons.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kochi, Oct. 30 - The LDF Government, in a bid to revive Travancore Rayons Ltd (Trayons), which has been sick for four years now, has found a new possible promoter in the Elenjical...

Orchid, Swedish co sign pact.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 CHENNAI: Orchid Chemicals and Pharmaceuticals Ltd has signed a contract with Swedish biopharma company Biovitrum to support its drug discovery activities, a release from Orchid...

MRPL net profit drops to Rs 9 cr.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - Sharp reduction in product prices, increased exports, and discounts on liquefied petroleum gas (LPG) and kerosene to state-owned oil marketing companies have...

GAIL Q2 net down 42 pc, turnover rises marginally.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct 30 - Higher subsidy burden on liquefied petroleum gas and floods in Hazira have taken their toll on the profitability of GAIL (India) Ltd, with the company's net...

Amara Raja PAT up at Rs 12.7 cr.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Chennai, Oct. 30 - Amara Raja Batteries Ltd has reported a profit after tax of Rs 12.7 crore on net sales of Rs 132 crore for the quarter ended September 30. In the same period...

GHCL Q3 net sales up 17 pc.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Ahmedabad, Oct. 30 - Gujarat Heavy Chemicals Ltd (GHCL) has seen its income go up by 31 per cent, operating profit by 29 per cent and profit after tax (PAT) by 28 per cent in the...

Birla Corp net up at Rs 67.54 cr.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - Birla Corporation Ltd has posted 35 per cent growth in turnover at Rs 417.06 crore in the second quarter of the current fiscal over Rs 309.58 crore in the same...

Asian Paints Q2 net rises 27 pc; to pay Rs 5.50 interim.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Asian Paints has reported a net profit of Rs 77.56 crore (Rs 61.17 crore) on a stand-alone basis for the quarter ended September 30, a 26.79 per cent rise over...

GSK Pharma net falls 7%.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - The sale of its animal health business, a post-festival backlog and a shortage of vaccines have contributed to the fall in GlaxoSmithKline Pharmaceuticals Ltd's...

ITC net profit grows 18.7%.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - ITC Ltd has recorded a 32.3 per cent growth in net turnover during the second quarter ended September 30, 2006 The company has notched a net sales turnover...

SAIL net up 28% in Q2.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - Steel Authority of India Ltd (SAIL) on Monday reported a net profit of Rs 1,443 crore for the July-September quarter marking an increase of 28 per cent...

Aurobindo Pharma posts higher net.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Hyderabad, Oct. 30 - Aurobindo Pharma Ltd has reported its highest ever revenue and net profit for the second quarter of the current fiscal ended September 2006 It posted a...

Jindal Steel net up 8 pc in Q2.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - Jindal Steel & Power Ltd (JSPL) on Monday reported a net profit after tax of Rs 157.23 crore for the July-September quarter marking an improvement of 8 per...

ABB net rises 55%; order book rise 48%.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - Higher business from new verticals and better market penetration has helped ABB to post a 55 per cent increase in net profit to Rs 82.1 crore while revenues...

Godrej Ind clocks Rs 12.64-cr net.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Godrej Industries Ltd has seen a flat growth in profit for the quarter ended September 30. The company clocked a profit after tax (PAT) of Rs 12.64 crore for the...

NTPC profit up 26.6%.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - NTPC Ltd declared an increase of 26.6 per cent in its net profit to Rs 1,473 crore for the quarter ended September 30 compared with Rs 1,163 crore for the...

Madras Cements Q2 net quadruples.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Chennai, Oct. 30 - Madras Cements' net profit has quadrupled to Rs 90.07 crore on net sales of Rs 407.25 crore for the second quarter ended September During the corresponding...

Ashok Leyland to set up unit in Uttaranchal.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Chennai, Oct. 30 - Ashok Leyland, the Hinduja group company, has announced plans to set up a vehicle manufacturing unit in Uttaranchal with an investment of over Rs 1,000 crore,...

Call rates rule at 6.8-6.9 pc.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct 30 - Call rates ruled at 6.8-6.9 per cent against 6.9-7 per cent last Friday. In the first one-day reverse repo auction under LAF, the Reserve Bank of India received...

Bond prices down by 3 paise.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct 30 - Bond prices dropped by around three paise on Monday . Total traded volume on the order matching system was Rs 1,950 crore (Rs 2,750 crore). "The volumes were...

Rupee gains, breaches 45.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - The rupee pierced the psychological 45-mark against the greenback with the currency closing at 44.97/98 on dollar inflows. It had closed on Friday at Rs 45.19....

Robust interest income lifts IOB net 25 pc.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Strong growth in interest income has lifted the net profit of Indian Overseas Bank by 25 per cent for the second quarter ended September 30 to Rs 249.85 crore...

UCO keen to rejig capital.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - UCO Bank has mooted a proposal to the Union Finance Ministry for the restructuring of its capital. "Our equity size at Rs 800 crore is very large," Mr V....

YES Bank Q2 net up 50 pc.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - YES Bank has reported a 50.8 per cent growth in net profit for the second quarter ending September at Rs 21.49 crore (Rs 14.25 crore) Total income increased...

Indian Bank net grows 60 pc.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Indian Bank has posted a 60 per cent rise in net profit at Rs 169.19 crore (Rs 105.57 crore) for the quarter ended September 30. Total income increased to Rs...

Syndicate Bank Q2 net rises 17%.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - Syndicate Bank on Monday reported a net profit of Rs 205 crore for the July-September quarter marking a 17 per cent increase over Rs 175 crore in the...

Oriental Bank's Q2 net up 51 pc after GTB write-offs.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - Oriental Bank of Commerce (OBC) on Monday announced a profit after tax (PAT) of Rs 310.75 crore for the quarter ended September 30, up 37.2 per cent over the...

Bharat Overseas merger by fiscal-end.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - The merger of Bharat Overseas Bank with IOB is likely to be complete by the end of this fiscal, Mr Narayanasami said The first stage of acquiring shares from...

RBI rate hike a given.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 The economy, consumer and business can clearly withstand a rate hike and the Governor will inevitably take the cue Not often does the Governor of a central bank have the...

PNB posts 20-pc rise in PAT; deposit costs down.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 New Delhi, Oct. 30 - Punjab National Bank's profit after tax (PAT) has risen 19.7 per cent to Rs 505 crore for the three months ended September 30, as against Rs 422 crore for the...

Deccan Aviation Q1 net loss at Rs 42 cr.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - Deccan Aviation which owns Air Deccan has posted a net loss of Rs 42.94 crore for the first quarter of the fiscal (July 2006 - June 2007) It recorded a...

Varun Shipping Q2 net up at Rs 45 cr.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Varun Shipping has reported a net profit of Rs 45.52 crore for the second quarter of the current fiscal against Rs 43.36 crore in the corresponding quarter last...

Emirates to expand Mumbai call centre.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - Emirates Airline has decided to expand its global call centre facility in Mumbai and treble the number of staffers to around 400 Emirates' Vice-President...

Four foreign dredging cos shortlisted for JNPT project.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Four foreign dredging companies have been shortlisted by the Jawaharlal Nehru port to execute its Rs 800-crore project for dredging of the harbour entrance...

Reengineering route.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 The usual reengineering process advised by management consultants starts with the preamble that the company must discard the existing structure lock, stock, and barrel. However,...

Accounting standards : Debits and credits of harmonising.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 That Indian accounting will converge with International Financial Reporting Standards can be good news only if accompanied with radical institutional reforms Recently, the...

Making SEZs people-friendly.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 To carry along all the stakeholders, especially the owners of farmlands, the Special Economic Zones Act should not only be investor-friendly but also people-friendly. Towards this...

Sensex tops 13k.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 The country is riding a 'quality' wave, yet caution should be the watchword for investors The Sensex crossing the magic figure of 13,000 in Monday's trading, bouncing back...

Beyond Reservation.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 This is with reference to "Limit to reservations" (Business Line, October 28). Mr Buddhadeb Bhattacharjee has sent an appropriate reminder to the nation The present system of...

Air India and Indian.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 This is with reference to "Task Force files finance plan" (Business Line, October 30). Air India and Indian should be merged at the earliest to reduce the heavy load of overheads...

Diffusion in use of ICT.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Continuing with the assessment of the global diffusion in the supply of ICT goods and services in the previous edition of Macroscan (Business Line, October 17), C. P....

BroVis Wireless to expand.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Coimbatore, Oct. 30 - BroVis Wireless Networks is gearing up to reinforce its presence in the Asia Pacific and South East Asian regions The California-headquartered company,...

Alok Ohrie to head AMD India.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - AMD has announced the appointment of Mr Alok Ohrie as the managing director of AMD's India operations. Mr Ohrie succeeds Mr Ajay Marathe, who will return to...

Reliance Comm posts Rs 702-cr net in Q2.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Reliance Communications has reported a net profit of Rs 702 crore for the second quarter of the current fiscal, as against a net loss of Rs 19 crore in the...

Finishing schools for engg grads suggested.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - Setting up of finishing schools, inviting foreign universities and building an emotional infrastructure were few of the ideas that took birth at the HR...

Forex loss, tax charge dent MphasiS BFL net.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - The MphasiS BFL Group has reported a 54 per cent rise in consolidated net profit at Rs 23.4 crore for the quarter-ended September compared to Rs 15.2 crore in...

Sasken Tech net at over Rs 11 cr.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Bangalore, Oct. 30 - Sasken Communication Technologies has reported a 37 per cent rise in net profit at Rs 11.88 crore and a 29-per cent growth in revenues at Rs 117.55 crore for...

Tata Steel Q2 net rises to Rs 1,101 cr.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Despite softening steel prices and spiralling cost of raw materials, Tata Steel has reported a net profit of Rs 1,101.49 crore during the second quarter ended...

Tata Chem net up 25%.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Tata Chemicals has reported a 25 per cent increase in net profit at Rs 157.7 crore (Rs 125.9 crore) for the second quarter ended September 30, 2006 This is...

'FIIs can invest in Tata Steel'.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Mumbai, Oct. 30 - Foreign institutional investors (FIIs) can purchase shares of Tata Steel under the portfolio investment scheme, said the Reserve Bank of India in a press...

Monnet Ispat plans special purpose vehicle.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Kolkata, Oct. 30 - Monnet Ispat & Energy Ltd (MIEL), formerly Monnet Ispat Ltd, is planning to create an SPV for its proposed power and steel projects in Orissa Mr Suneet...

TN to repeal General ST Act.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Chennai, Oct. 30 - The Tamil Nadu Government has published a copy of the VAT Bill, 2006, on its Web site paving the way for its implementation In the draft published on the...

IVRCL net up 39%.
October 31, 2006... (From Business Line) from BUSINESS LINE, October 31, 2006 Hyderabad, Oct. 30 - IVRCL Infrastructures & Projects Ltd has reported a growth of 48 per cent in gross turnover, and 39.23 per cent in net profit for the second quarter of the...