Business Line articles from October 2008

Business Line archives from October 2008

LIFE: Hot from Jiggs' kitchen.
October 31, 2008... from BUSINESS LINE, October 31, 2008 He waits at the lobby of Hotel Leela Palace, Bangalore, and an infectious smile plays on his lips from the minute he realises you are walking towards him. And on recognising a long-lost friend accompanying...

LIFE: Yoga heals.
October 31, 2008... from BUSINESS LINE, October 31, 2008 An automobile engineer by qualification, an entrepreneur by profession, and a Rotarian by chance, helping the underprivileged of society is a way of life for Raipur-based Shashi Warwankar. He espouses the...

LIFE: Ideas from the 'crowd'.
October 31, 2008... from BUSINESS LINE, October 31, 2008 October featured the most recent of IBM's Innovation Jams - online chats to brainstorm new ideas for technologies from people as co- developers as well as customers. IBM's openness to innovation from...

LIFE: Cheers to Alsatian wine.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Let the ingredients speak for themselves, says Eva, taking a sip of the Gewurztraminer wine from the Schlumberger estate in France's Alsace region. "Can you smell the litchi? It's got a hint of ginger and...

STATES: Seminar on tax laws.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kochi, Oct. 30 - The former State Finance Minister, Mr K.M. Mani, inaugurated a seminar on tax laws organised by the professional development committee of the Institute of Chartered Accountants of India...

LIFE: Wars fought by children.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Ishmael Beah made a round of telephone calls to his friends before his book, A Long Way Gone, was released because he wanted to prepare them for what he had written. Actually, for what he had been for many...

STATES: Indian menu on Malaysia Air.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Bangalore, Oct. 30 - Malaysia Airlines is rolling out its new Indian menu from Friday. The new items continue to remain complimentary in all classes of its international medium and long-haul flights,...

STATES: Santha Narasimhan passes away.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - Mrs Santha Narasimhan, wife of the former Managing Director of The Hindu, the late G. Narasimhan, passed away on Thursday. She was 85, and is survived by four children: Usha...

STATES: MUDA to develop 7,800 sites.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Mangalore, Oct. 30 - The Mangalore Urban Development Authority (MUDA) is planning to develop nearly 7,800 sites on more than 600 acres of land at Surathkal near Mangalore within a year. Addressing...

STATES: Landing system upgradation work at Kolkata airport may delay flights.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kolkata, Oct. 30 - Upgradation work on the Instrument Landing System (ILS) for the primary runway at the Netaji Subhash Chandra Bose International Airport in Kolkata may delay flights during the morning...

STATES: Kerala paddy farmers to get 'green cards'.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Thiruvananthapuram, Oct. 30 - As part of the efforts to increase production of paddy in the State from six lakh tonnes to eight lakh tonnes in the current year, the Kerala Government will issue 'green...

STATES: HCL Infosystems bags order from Delhi Police.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct. 30 - IT company HCL Infosystems announced on Thursday that it has bagged a multi-year contract from Delhi Police to provide solutions and technologies that would enable the police force to...

STATES: Conservation of urban infrastructure.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kolkata, Oct. 30 - There is a need to mobilise public opinion regarding conservation of urban infrastructure, Professor Paolo Ceccarelli, President of the International Laboratory of Architecture and Urban...

STATES: Panel discussion on mining from tomorrow.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - The Mining Engineers' Association of India (MEAI), Hyderabad Chapter, is organising a panel discussion on 'Mining - Environment and Society' on November 1 and 2. Addressing a...

STATES: SBH donates van to service centre.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Ms Renu Challu, Managing Director, State Bank of Hyderabad (SBH), has donated a pick-up van as part of the bank's community services initiative to the Centre for Social Service. The...

STATES: BangaloreIT.biz from Nov 6.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Bangalore Oct. 30 - More than 100 companies including the likes of Microsoft, IBM, Cisco, Intel, HP, Oracle, Nokia, Dell, Infosys and Wipro will participate in BangaloreIT.biz 2008, the eleventh edition of...

STATES: More autonomy for co-op banks welcomed.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Coimbatore, Oct. 30 - The Tamil Nadu Cooperative Bank Employees Association (TNCBEA) has hailed the amendment brought to Section 136 of the Tamilnadu Cooperative Societies Act 9183, providing autonomy for...

LIFE: Niagara encounter.
October 31, 2008... from BUSINESS LINE, October 31, 2008 You would have probably seen hundreds of pictures or watched numerous programmes on television channels. But nothing prepares you for the actual sight. In one word, it is awesome. You see it even before...

STATES: Global liquidity crunch hits edible oil trade.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - Edible oil importers are strapped for cash as overseas banks decline to accept usance letters of credit from Indian importers, which allows them to pay their suppliers over a 120-day...

AGRI-BUSINESS: Unit value of marine exports rises.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kochi, Oct. 30 - A sea change seems to have overtaken Indian marine exports. While the composition of shrimps in the Indian marine export basket has fallen from close to 60 per cent to 40 per cent...

AGRI-BUSINESS: Cumin exports double as global supplies fall short.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kochi, Oct. 30 - Severe shortage of cumin in the international market following crop failure in other origins such as Syria, Turkey and Iran has helped double exports of the commodity from the country. ...

STATES: 'Coconut park' coming up in Thrissur.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Thiruvananthapuram, Oct. 30 - The Kerala Industrial Infrastructure Development Corporation (Kinfra) and Coconut Development Board are planning to set up a 'coconut park' in Koddakara in Thrissur district....

AGRI-BUSINESS: Pepper output declines on neglect of crop: Survey.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kochi, Oct. 29 - The continuous decline in pepper production in Kerala, the main producer of the commodity in the country, mainly due to neglect of the crop, has resulted in the national output hovering...

AGRI-BUSINESS: Spot rubber prices improve.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kottayam, Oct. 30 - The physical rubber prices improved on Thursday. Sharp gains in the Japanese rubber futures kept the domestic market firm amidst covering purchases. RSS 4 improved to Rs 88.50 from...

AGRI-BUSINESS: Govt shores up more rice after bonus.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct 30 - Rice procurement by Government agencies has picked up following the Centre's announcement of a bonus Rs 50 per quintal over and above the minimum support price (MSP) for the current...

COMMODITIES: Inflation rate eases to below 11%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct 30 - The annual wholesale price index-based inflation rose 10.68 per cent during the week ended October 18, slower than the previous week's annual rise of 11.07 per cent, the Commerce...

AGRI-BUSINESS: Slowdown may hit guar gum export.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - Guar gum exports are likely to be hit, while domestic consumption may also decrease in view of the global economic slowdown. "Demand from countries such as the US and Europe is...

CORPORATE: BEML Q2 rises 131%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Bangalore, Oct 30 - BEML Ltd has sprung back in the second quarter ended September 30, with a net profit 131 per cent higher year on year at Rs 55.5 crore. The basic and diluted earnings per share for the...

CORPORATE: Rashtriya Chem net zooms.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Mumbai, Oct 30 - Rashtriya Chemicals & Fertilizers Ltd (RCF) has posted a 121 per cent increase in net profit at Rs 84 crore for the quarter ended September 30 against Rs 38 crore in the year-ago quarter....

CORPORATE: JSPL posts Rs 450 cr net in Q2.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct 30 - Jindal Steel & Power Ltd (JSPL) on Thursday reported a net profit of Rs 450 crore for the second quarter marking an increase of 62 per cent over Rs 277.47 crore in the same period last...

CORPORATE: Orchid suffers Rs 40-cr loss in Q2.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - Due to an Rs 81.57-crore hit on account of restatement of foreign currency loans, Orchid Chemicals and Pharmaceuticals reported a loss of Rs 40.66 crore for the July- September quarter...

CORPORATE: Gayatri Projects net grows 26%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Gayatri Projects Ltd (GPL) has reported net profit of Rs 8.56 crore for the quarter ended September 2008, registering a growth of 25.95 per cent over Rs 6.79 crore recorded in the...

CORPORATE: Matrix Lab net more than doubles.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Matrix Laboratories Ltd's net profit more than doubled at Rs 49.66 crore in the quarter ended September 30, 2008, compared with Rs 13.64 crore in the corresponding quarter of previous...

NEWS: Nava Bharat Q2 revenue, net up.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Nava Bharat ventures Ltd, has recorded total sales income of Rs. 449.27 crore with profit of Rs. 118.56 crore for the quarter ended September 30, as against total sales of Rs 196.85...

CORPORATE: Pennar Industries Q2 net up 75%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Pennar Industries Ltd's net profit for the second quarter ended September 30, 2008 increased 74.73 per cent to Rs 10.03 crore (Rs 5.74 crore). The gross sales for the quarter...

NEWS: Malaysia Airlines adds flight on Delhi-KL sector.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, .Oct 30 - Malaysia Airline is to increase flights along the Delhi-Kuala Lumpur route. In a statement, the airline said it will operate an additional flight every Wednesday. The additional...

INFO-TECH: Northgate Tech Q2 net at Rs 22.4 cr.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Northgate Technologies has registered a 45 per cent growth in consolidated revenues at Rs 189.37 crore in the second quarter ended September 30, as against Rs 130.52 crore in the...

NEWS: 'Global financial crisis hits infrastructure investments'.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Bangalore, Oct. 30 - Investment flows into infrastructure have been hit as a result of the global financial crisis, the Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, said here today. ...

NEWS: GM expects Indian operations to grow 20%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Bangalore, Oct. 30 - In spite of a recession in the auto sector, General Motors expects its Indian operations to grow 20 per cent during this year beating industry growth rate of about 7 per cent. ...

NEWS: Need for trilateral partnership to combat climate change: UN chief.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct 30 - Amid growing concern over climate change, the UN Secretary-General, Mr Ban Ki-moon, has called for the need to develop a strong tri-lateral partnership comprising the UN, corporate...

NEWS: Delhi's airport opens third runway for round-the-clock operation.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct. 30 - The recently inaugurated third runway at Indira Gandhi International Airport, Delhi is available for round-the-clock operations starting today. Delhi International Airport (P)...

OPINION: KPMG positive on India.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Global consultancy and auditing major KPMG recently revamped its operations in India, strengthening its management team and nominating new heads along business lines. Notwithstanding the current concerns...

OPINION: Why weren't the rating agencies up to grade?
October 31, 2008... from BUSINESS LINE, October 31, 2008 Never before has any single industry come under the scanner in recent times as the ratings industry now with financials institutions falling like nine pins. Investors have always derived comfort from...

OPINION: The relevance of Keynesianism.
October 31, 2008... from BUSINESS LINE, October 31, 2008 The article "Krugman resurrects Keynesianism" (Business Line, October 26) correctly remarked that the Nobel committee honouring Krugman at this point in time seems part of a "growing realisation that...

OPINION: Are we in for a Mexican standoff?
October 31, 2008... from BUSINESS LINE, October 31, 2008 "Operation successful, patient dead" is an old chestnut. It is also like playing a perfect hook-shot - everything looks wonderful until you get caught on the fine leg boundary. Therefore, it seems to me...

OPINION: Liquidity crunch.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Apropos the news item "Credit crunch not coming from the Banking system" (Business Line, October 29), the present credit squeeze situation is arising out of the overstretching of the deployment of bank's...

LOGISTICS: Allcargo Q3 netsurges 151%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kolkata, Oct. 30 - During the quarter (third quarter) ended September 30, Allcargo Global Logistics Ltd reported 151 per cent growth in net profit at Rs 47.4 crore (Rs 18.9 crore) and 56.3 per cent growth...

OPINION: Fuelling reform.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Oil prices have dropped sharply to half the July peak of $147 a barrel giving some cause for cheer in an otherwise dismal global economic environment. With recession looming large in the US, the UK...

CORPORATE: Dabur net rises 18%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Copyright 2008 Business Line

CORPORATE: TajGVK Q2 revenue up 4%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - TajGVK Hotels & Resorts has registered income of Rs. 61.58 crore and net profit of Rs. 16.25 crore for the second quarter ended September 30, as against total revenues of Rs. 59.14...

CORPORATE: Tata Chem Q2 net grows 33%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Mumbai, Oct. 30 - Buoyed by good demand for soda ash in Latin America, Tata Chemicals has reported a 33 per cent rise in net profit in the second quarter of the financial year ended September 30. Mr...

CORPORATE: Hindujas to set up 4th foundry with Rs 150 cr outlay.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Hinduja Foundries Ltd, on Thursday, laid the foundation stone for their fourth foundry unit in the country slated to come up at Toopran about 40 km from here with an outlay of Rs 150...

BANKING/FINANCE: Insurers move into T-bills, certificates of deposits.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Bangalore, Oct. 30 - With the downturn in the equity market, insurance companies have shifted investments to certificates of deposits and short-term Treasury bills. Industry sources said that the...

BANKING/FINANCE: SBI chief renews plea for advisors.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct. 30 - The SBI Chairman, Mr O.P. Bhatt, has renewed his request to appoint two retired SBI officials as advisors. The move has annoyed the Reserve Bank of India as well as the Finance...

BANKING/FINANCE: Higher provisioning dents IOB net in Q2.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - Due to a huge increase in provisioning for bad debt - Rs 179 crore during the second quarter of 2008-09 compared with Rs 8.3 crore previously - Indian Overseas Bank posted lower net...

BANKING/FINANCE: LIC targets growth via bancassurance.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Kolkata, Oct. 30 Life Insurance Corporation of India is eyeing business growth through the bank-delivery route as its bancassurance partners are expected to push harder third-party insurance products to...

BANKING/FINANCE: $2.83 b raised via ECBs.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Mumbai, Oct. 30 - A total of 50 companies raised $2.83 billion through overseas borrowings in September, according to the Reserve Bank of India's data on external commercial borrowings (ECBs) and foreign...

CORPORATE: DSCL posts Rs 7.12 cr PAT in Q2.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct 30 - DCM Shriram Consolidated Ltd (DSCL) today reported a profit after tax (PAT) of Rs 7.12 crore for the second quarter of the current financial year as against a loss of Rs 19.16 crore in...

MARKETING: Coke bites into the apple.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Coca-Cola on Thursday announced the introduction of its latest product in the sparkling drink segment - Fanta Apple - initially in Hyderabad with a plan to offer it across the country...

MARKETING: Toonz, Chandamama to jointly produce film.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Thiruvananthapuram, Oct. 30 - The city-based Toonz Animation and Chandamama India Ltd will jointly produce a full-length animated feature film based on a story from Chandamama's library. The...

INFO-TECH: Cranes Soft Q2 net up 27%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Bangalore, Oct. 30 - Cranes Software International Ltd has registered a 27 per cent growth in net profit and 38 per cent rise in revenues for the quarter-ended September 2008 as compared to corresponding...

INFO-TECH: Telecom Ministry not for revenue split.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct. 30 - In a blow to existing mobile service providers, the Ministry of Communication and IT is not in favour of allowing operators to split revenue between 3G and 2G services. The...

INFO-TECH: Redington net rises 6%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - Redington (India) Ltd reported a 6-per cent increase in net profit to Rs 34 crore for the quarter ended September 2008, compared with Rs 32 crore for the corresponding quarter last year....

INFO-TECH: MTNL net tad lower in Q2.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct. 30 - Mahanagar Telephone Nigam Ltd has reported a 1.3 per cent dip in its net profit to Rs 91.86 crore during the second quarter ended September 30, 2008 compared with Rs 93.14 crore during...

INFO-TECH: Bartronics PAT up by 63% in Q2.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Bartronics India Ltd has posted net sales of Rs 160.68 crore for the quarter ended September 30, 2008, as against Rs 67.83 crore in the same quarter last year, showing a growth of...

INFO-TECH: Megasoft Q3 net drops to Rs 2.17 cr.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Megasoft, a telecom and IT solutions company, has registered a consolidated income of Rs 82.90 crore in the third quarter ended September 30, as against Rs 72.80 crore in the same...

INFO-TECH: Softpro Systems net up.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Softpro Systems, an enterprise and collaborative solutions providers, posted a total income of Rs 1.70 crore in the second quarter ended September 30, 2008, as against Rs 1.61 crore in...

CORPORATE: Bharat Biotech wins Rs 100 cr park project in Orissa.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Hyderabad, Oct. 30 - Bharat Biotech International (BBI) has been selected by the Orissa Government as 'Developer' of its first public-private-partnership (PPP) 'Biotech Pharma IT' Park in that State. ...

INFO-TECH: Revenues from maintenance deals up.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Mumbai, Oct. 30 - The global financial crisis seems to have prompted client companies to outsource IT projects of a more traditional nature as is evident from the September quarter numbers of major IT...

CORPORATE: Strides Arcolab readies for oncology drive.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Bangalore, Oct. 30 - Strides Arcolab will be joining key oncology players in the domestic market in early 2009 when it starts rolling out 32 of its own anti-cancer products over the next six months and...

MARKET WATCH: Day Trading Guide.
October 31, 2008... from BUSINESS LINE, October 31, 2008 The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view...

CORPORATE: Adani Enterprises Q2 net rises 76% on higher sales.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Ahmedabad, Oct 30 - Adani Enterprises Ltd, flagship company of the group, has registered an increase of 76 per cent in net profit in the second quarter ended September 30, on account of increase in sales...

MARKET WATCH: Sesa Goa (Rs 79.40): Buy.
October 31, 2008... from BUSINESS LINE, October 31, 2008 We recommend a buy in Sesa Goa from a short-term perspective. It is evident from the charts of Sesa Goa that it has been on an intermediate-term downtrend from its early May high of Rs 220. Since then, the...

CORPORATE: Sundram Fasteners posts 55% drop in Q2 net.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - Due to a Rs 20-crore hit on account of restatement of foreign currency loans in the July-September quarter of the current year, compared with a gain of Rs 6.33 crore in the corresponding...

CORPORATE: TVS Motor net lower in Q2.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - A 15 per cent rise in the sales in of two- wheelers has enabled TVS Motor Company to report an increase in topline for the second quarter. While motorcycles witnessed higher sales at...

FRONT PAGE: Religare plans 2:3 rights; promoters to pick up unsubscribed portion.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Mumbai, Oct. 30 - Broking firm Religare Enterprises, promoted by Mr Malvinder Singh of Ranbaxy, announced on Thursday that it planned to go in for a rights issue of shares to raise Rs 1,802 crore. The...

BANKING/FINANCE: Chola DBS Finance MD quits.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 Cholamandalam DBS Finance has informed the stock exchanges that its board of directors has accepted the resignation of Mr Atul Pande as Managing Director of the company with immediate...

FRONT PAGE: ONGC net dips 6% on subsidy burden.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct. 30 - ONGC has reported a 6 per cent dip in net profit and a 13 per cent increase in sales revenue for the second quarter of this year over the same period last year. While surge in...

FRONT PAGE: 'No loss to Govt by not auctioning spectrum'.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct 30 - The Minister for Communications and Information Technology, Mr A. Raja, has defended the decision to give out fresh telecom licences on a first-come first-served basis even though this...

FRONT PAGE: BPCL posts Rs 2,625 cr loss in Sept quarter.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Mumbai, Oct. 30 - Public Sector oil refining and marketing company Bharat Petroleum Corporation Ltd (BPCL) has reported a loss of Rs 2,625.27 crore for the second quarter ended September 30, 2008. The...

CORPORATE: Apollo Hospitals net rises 28%.
October 31, 2008... from BUSINESS LINE, October 31, 2008 Chennai, Oct. 30 - Apollo Hospitals Enterprise Ltd has reported a net profit of Rs 30.13 crore for the second quarter of the current year, 27.7 per cent more than the Rs 23.58 crore made in the...

MARKETING: Videocon looking at repositioning brands.
October 31, 2008... from BUSINESS LINE, October 31, 2008 New Delhi, Oct. 30 - With its consolidation phase getting over, durables major Videocon is looking at repositioning its brands by focusing more on individual brands rather than adopting a multi- brand...

CATALYST: Right foundation.
October 30, 2008... from BUSINESS LINE, October 30, 2008 Revlon has launched a new foundation cream that features an adjustable dial on the bottle with five different settings delivering five shades in one bottle. One would be able to fine-tune the foundation...

CATALYST: Premium flute.
October 30, 2008... from BUSINESS LINE, October 30, 2008 Godrej Interio has launched, Flute, a bedroom set. The suite includes bed, bedside table, mobile table, wardrobe, dresser, media organiser and study-cum-chest. The suite from is priced at Rs 2.8 lakh and...