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Tuesday, June 1, 1999

BSES profit rises only 3%, to pay 34%
Power major BSES has reported a 3.04% growth in its net profit for fiscal 1998-99 at Rs 270.24 crore as against Rs 262.27 crore in the previous financial year.

FIPB okays Rs 1400 cr FDI
The Foreign Investment Promotion Board today cleared foreign investment proposals worth Rs 1,400 crore including that of automobile major Fiat and white goods company Fedders International of USA.

M&M net dips 9 pc
Auto firm Mahindra & Mahindra has registered a 9.1% drop in its net profit for fiscal 1999 at Rs 228.58 crore as compared to Rs 251 crore net profit recorded in the previous fiscal.



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  MTNL's new Internet tariff on cards
  Asian Paints net up 13%
  More funds for Krishna Valley project
  Pilots spike Cathay Pacific's recovery
  Bombay Dyeing profit dips 12%
  Essar Steel posts Rs 496 crore loss
  Soap majors cross swords over tablets
  Bizbits
  Bizbits



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