Tata Electric mergers complete The merger of the three Tata Electric Companies was completed on Wednesday, with the High Court of Judicature at Bombay sanctioning the scheme of amalgamation of the two smaller Tata electric companies, with The Tata Power Co Ltd. Nicholas Piramal first half net up 31.6 per cent to Rs 33.6 Nicholas Piramal has posted a 31.6% increase in net profit to Rs 33.66 crore for the first half ended Sept 2000, as compared to Rs 25.57 crore for the corresponding half last year. Nirma net up 18 per cent to Rs 136.5 crore in H1 Ahmedabad-based detergent giant Nirma Ltd has posted a 18.3% rise in net profit to Rs 136.55 crore in the first half of the current financial year compared with a net profit of Rs 115.47 crore in the corresponding period of previous year. PowerGen's joint ventures in India run into rough weather Spic's Tuticorin project grinds to a halt Resistance likely in acquiring 12% stake in Gujarat project Tata Steel Q2 net up 75% to Rs 115cr LTCL is born out of L&T's cement business demerger Al-Murjan to back Bilt in case of hostile bid TVS-Suzuki posts 17 per cent sales growth in H1 Ranbaxy reports 9.5 per cent growth in prescription drugs Corporate scorecard Cetma urges Centre to eradicate grey sales of B&W TVs Polaris Software Q2 sales leap 88% to Rs 14 crore Bajaj Auto H1 net skids 31.5% to Rs 170 cr, turnover up 10% HM chalks out marketing plan to boost sales by 25% Radico Khaitan puts off branded beer foray plan Two global majors keen to take over Hindustan Photo Films Sony to sell two plants to Solectron Corp Honeywell Q3 operating earnings rise 9% Cement prices in AP stabilise at Rs 150 a bag Intel net up 52%, beats expectations IBM profit rises but sales miss expectations Firestone to cut tire output; NHTSA raises death toll Briefing The index
feedback@financialexpress.com