Friday, July 9, 1999
Reliance profit jumps 16pc in Q1
Reliance Industries Ltd has established a new corporate record by reporting a 16% jump in its net profit to Rs 510 crore in the first quarter of the current fiscal ended June 1999 as against Rs 441 crore in the corresponding period of the last year.
BSE launches 500-scrip index
The Bombay Stock Exchange (BSE) has launched a new index, christened as BSE-500, consisting of 500 scrips in its basket keeping in mind the changing pattern of the economy and the market.
Differences emerge on 15 pc revenue sharing in telecom
Highly placed sources in the Ministry of Communications have said that there is ``no commitment'' on the figure of 15 per cent for private companies sharing their revenue with the government.
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