Shoppers Stop Board recommends 15 per cent dividend

Monday, May 1, 2006, 22:47 [IST]

Mumbai, Apr 29 (UNI) Retail giant Shoppers Stop Ltd has recommended a dividend of 15 per cent on the equity share capital of the company, stated a company communique to the BSE today.

This is, however, subject to necessary approvals by members at the company's ensuing annual general meeting, the communique added.

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Dredging Corporation Q4 net profit up at Rs 53.95 crore

Monday, May 1, 2006,22:47 [IST]

Mumbai, Apr 29 (UNI) Dredging Corporation of India Ltd has posted a net profit of Rs 53.95 crore in Q4 FY 06 as against Rs 33.01 crore in Q4 FY 05, the company informed the Bombay Stock Exchange (BSE) today. The company's total income has also increased from Rs 145 crore in Q4 FY 05 to Rs 146.15 crore in Q4 FY 06. For FY 06, the company's net profit increased to Rs 171.50 crore as.....

BEML's Q4 FY 06 net profit slips

Monday, May 1, 2006,22:47 [IST]

Mumbai, Apr 29 (UNI) Bharat Earth Movers Limited (BEML) has registered a fall in its net profit at Rs 86.12 crore in Q4 FY 06 as against Rs 126.33 crore in Q4 FY 05, the company informed the BSE today. Its total income, net of excise, has, however, increased from Rs 754.14 crore in Q4 FY 04-05 to Rs 836.58 crore in Q4 FY 06. For FY 06, BEML's net profit stands at Rs 183.39 crore as.....

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AP achieves 51 per cent growth rate in IT exports

Monday, May 1, 2006,22:48 [IST]

Hyderabad, Apr 29 (UNI) Andhra Pradesh has retained the highest growth rate among the states in the country, achieving more than 51 per cent growth over last year's exports, state IT secretary Ms K Ratna Prabha said today. Addressing the press here, Mr Ratna said the state has achieved 51 per cent growth rate against a national average growth rate of 36 per cent. The exports of the IT industry from the state was Rs 12,521.....

STPIs at Kakinada : Official

Monday, May 1, 2006,22:48 [IST]

Hyderabad, Apr 29 (UNI) Andhra Pradesh IT secretary Ms Ratna Prabha today said new Software Technology Parks of India (STPI) would be set up at Kakinada, apart from the existing five STPI locations in the state. Talking to newspersons here, Mr Ratna said the Centre has approved starting STPI operations at Kakinada from this year which had the market opportunity and availability of human resources. Suitable space has already been identified to actively launch IT.....

Lanco Institutes awards to honour models

Monday, May 1, 2006,22:48 [IST]

Hyderabad, Apr 29 (UNI) LANCO group, a Hyderabad-headquartered leading corporate business house, today instituted LANCO awards to honourable models, who make a difference and inspire others to replicate their successes. After formally instituting the awards at Hyderabad today, the Congress MP from Vijayawada , L Rajagopal, who is also the Chairman of LANCO Institute of General Humanitarian Trust (LIGHT), said that these National Awards would be presented every year ''to individuals or institutions working with.....