ICICI Bank may possibly form the alternative banking holding structure that the Reserve

New Delhi: HCL Infosystems has declared results for fourth quarter that ended on June 30, 2007. It recorded about 13 per cent increase in consolidated net profit for the year ended June 2007, which stood at Rs 315.95 crore.

The company has also announced that it has pocketed Rs 500-crore deal from Bharat Sanchar Nigam Ltd. HCL’s consolidated gross sales in the same period was also up at Rs 11,855.43 crore as against Rs 11,454.97 crore in the corresponding period of the last year.

Mumbai: Areva T&D India shares benefited on Friday after the power equipment company got an Rs 63 crore order from Essar Steel Ltd.

In early trading (11.45 am), the stock brought in Rs 21.35 or 1.50 per cent at Rs 1,433 on the Bombay Stock Exchange (BSE).

During early trading hours, Cha

In early trading, Bharat Heavy Electricals, BHEL touched the level of Rs 1,622, up Rs 11.55, or 0.72%. The stock price had gone up to Rs 1,632.50. As the market slipped into the red, BHEL had an intraday low of Rs 1,570. The stock was strong, but due to overall weak sentiment in the market, BHEL ended the day at 1590 (down by Rs 19.10).

The company has pocketed order worth of Rs 6500 cr from Damodar Valley Corporation.