Tuesday, April 22, 2008

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ICICI Bank jacks up auto loan rates by 0.75 per cent
    QUICK TO HIKE: ICICI Bank hike comes even before the RBI decided to increase statutory deposits.The hike comes even before the RBI decided to increase statutory deposits.
Biocon net up 7.5% in Q4 at Rs 65.30 cr
    Biocon reported a 7.57 per cent increase in consolidated net profit at Rs 65.30 crore.The new division is being set up to focus on brand building.
Ranbaxy enters into business alliance with Orchid
    STRATEGIC ALLIANCE: Ranbaxy Laboratories on Tuesday said it has entered into a business alliance agreement with Orchid Chemicals.The pact would establish a framework for enhanced future co-operation.
TCS logs muted figures in Q4
    The company's total revenues for the January-March period was Rs 6,098 crore.TCS reported subdued performance for the fourth quarter of the last fiscal owing to difficult conditions in the US.
Satyam Q4 net up 18 per cent at Rs 468 cr
    PROFIT ON: Satyam Computer expects margins in the fiscal year ending in March '09 to remain flat.Satyam expects margins in the fiscal year ending in March '09 to remain flat.
Nokia sales up, emerges as market leader
    The only European brand to make the top ten is communications company Nokia.
Daimler, Hero to invest Rs 4,400 cr in JV
    JOINT VENTURE: Currently, the partners are scouting for a location to set up a greenfield plant.As a part of the agreement, Daimler will invest Rs 1368 crore while the Hero Group will put in Rs 900 crore.
Controlling inflation a big challenge: Kamal Nath
    HARD TALK: Kamal Nath says state governments will have to take onus for controlling inflation.Kamal Nath says state govts will have to take onus for controlling inflation.

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