ICICI profits fall 8.6% in second quarter
Term lending institution ICICI Ltd has reported an 8.6% fall in profits in the second quarter ended Sep 2000 after being hit by a capital loss and higher interest charges. Its net profits fell to Rs 254 cr from Rs 278 cr in the same period of last year.



Telco crashes into Rs 220 crore H1 loss
Automobile major Telco continued its disastrous performance as it declared a massive Rs 146.39 crore loss in the second quarter ending Sep 30 as against a profit of Rs 33.95 cr in the corresponding period of the previous year.



Govt clears HCL Tech ADR
Commerce and Industry Minister Murasoli Maran today cleared HCL Technologies Ltd's proposal to issue American Depository Receipts for Rs 2250 crore besides 36 other Foreign Direct Investment cases.



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