Tata Motors Ltd
Automobile major reported a net profit of Rs 3,920 crore
during Jan-March quarter, down 0.3 per cent, against a net profit of Rs 3,931
crore, in the corresponding quarter last fiscal.
Bharti Airtel
Ltd
Bharti Airtel announced its offering of 3G services to
customers in Punjab through an intra-circle roaming agreement with Idea
Cellular. This comes after Idea launched its high speed services in the circle
on its own spectrum.
Cipla Ltd
Drugmaker Cipla Ltd reported a 3 percent drop in
fourth-quarter net profit, slightly below analysts' estimates due to higher raw
material and employee expenses.
Hindalco
Industries Ltd
Leading metals producer Hindalco Industries today
reported a 48.51 per cent decline in standalone net profit to Rs 248.15 crore
in the fourth quarter ended March 31, mainly due to exceptional items.
Reliance
Industries Ltd
In the biggest ever deal in the Indian media sector,
Reliance Industries Ltd will acquire control in Network 18 Media &
Investments Ltd, including its subsidiary TV18 Broadcast Ltd, for Rs 4,000
crore.
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