The Financial Express -- Corporate

Saturday, November 8 1997

GSFC net up 26% to Rs 85 crore in first half

Gujarat State Fertilizers & Chemicals Ltd (GSFC) has posted a 25.89% increase in net profit to Rs 84.79 crore during the first half of the current financial year from Rs 67.35 crore in the corresponding period last year. Turnover of the company rose 17.48% to Rs 1,129 crore during the period as against Rs 961 crore last year.

IndusInd Bank posts Rs 47-crore profit in H1

IndusInd Bank Ltd has recorded profits of Rs 47 crore for the half-year ending September 30, 1997. The bank has already provided for the losses suffered on account of lending to CRB Financial as on July 31, this year. Disclosing this in Bangalore on Friday IndusInd vice president (priority sector) Rajesh Puri said the bank has projected gross profits of Rs 104 crore for the entire financial year 1997-98.

Redington group plans foray into software sector, eyes local firms

The transnational Redington group has decided to enter the lucrative Indian software industry. The $1-billion group having its headquarters in Singapore, is aggressively scouting for a sizeable equity stake in a domestic software company. It is now in the process of identifying suitable `medium-sized companies with a lot of talent.' The group has earmarked a sum of $3 million for this purpose.

Dr Reddy's brand valued at Rs 201 crore

Bimal Jalan to take over as new Reserve Bank governor

IndusInd Bank posts Rs 47-crore profit in H1

Hindalco H1 net jumps 13% to Rs 230 cr

GSFC net up 26% to Rs 85 crore in first half

Jenson & Nicholson posts Rs 1-crore net profit in H1

HMT bags award for excellence

Kribhco plant gets first-stage clearance

Hindustan Thompson, Ogilvy & Mather may set up media-buying company

Specialty Ranbaxy sets up clinical reference lab in Bangalore

Larsen & Toubro appoints US firm to evaluate bids for shipping division

Mekastar mulls software technology parks