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Tuesday, October 13, 1998

Icra retains Indbank Merchant Banking rating despite listing negative factors
Despite listing an array of negative factors, some of them very significant, Icra has preferred to retain Indbank Merchant Banking Services (IMBSL)'s fixed deposit programme within the investment grade.

IBP set to unveil novel retail outlet scheme in bid to wean customers
IBP, the stand-alone oil marketing company, has drawn up plans to introduce a scheme for 15 of its retail outlets between Kashmir and Assam.

Satyam Computers net up to Rs 18 crore
The Hyderabad-based Satyam Computers has reported a 113% jump in net profit to Rs 18.41 crore for the second quarter of the current financial, against Rs 8.63 crore in the corresponding period last year.


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  Corporate Briefing
  Sena MP demands CBI probe into Reliance naphtha import deals
  Financial Briefing
  Infosys HI net profit doubles to Rs 52.07 cr
  Rs 80-lakh fraud unearthed at Bank of India city branch
  Hyundai Motor's Santro bookings past 10,000 units
  Merrill Lynchto announce 3,000 job cuts
  Apple set for profit after hiatus
  MPs seek probe into petroleum adulteration
  ICICI keen to fund PSU power projects


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