India Cements buys out Raju in Sri Vishnu Cement for Rs 115 cr After holding on for nearly two years, the Raju family patriarch B V Raju has finally agreed to sell off his shareholding in Sri Vishnu Cement to arch rival, the India Cements group, through a negotiated out-of-court deal. Tata Infotech net declines 35% to Rs 16.5 cr in H1 Tata Infotech Ltd has registered a 35% fall in net profit at Rs 16.52 crore for the first six months of 1999-2000 from Rs 25.40 crore in the corresponding period last year. BOC India records Rs 5cr net loss; extends accounting year BOC India Ltd has reported a net loss of Rs 5.08 crore in the quarter to September 30, 1999, on net sales of Rs 66.60 crore. The financial year of the company is being extended from September 30 to March 31, 2000. MSEB set to seek state nod for restructuring IFGL group firms sew up deal with Austria's VRD Toyota aims to be major credit card player Uco Bank operating profit at Rs 40 crore in first half SSI first-quarter net zooms 72% to Rs 6.75 cr ACC second-quarter net crashes 86% to Rs 1.67 cr ICICI likely to post 5% increase in H1 net profit HLL nine-month net jumps 25.8% RPG Life Sciences H1 net rockets 57% to Rs 2.5 cr Indian Hotels Q2 net dips to Rs 17.82 crore Glaxo Wellcome chief not averse to 100% subsidiary IDBI first-half net dives 30% Bausch & Lomb turnover dips 17 per cent to Rs 17.66 crore Britannia Q2 net soars 24% to Rs 12.7 crore Escorts non-convertible debenture issue bags Icra highest safety rating NatWest to sell off businesses in response to Bank of Scotland bid Alfa Laval net shoots up 136% in nine months ICICI Bank first-half net rises 46.7 per cent to Rs 44.01 crore The Index ITC Bhadrachalam posts Rs 7.6 cr Q2 loss Dr Reddy's will see better days despite patent cases Kotak Mahindra MF plans major retail expansion Eicher Motors H1 net rises to Rs 4.58 crore FMCG major likely to post Rs 1,000 cr net in current fiscal -- Analysts Briefing Briefing Archies H1 net rises 32% to Rs 5.36 cr
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