RELIANCE CAPITAL REGISTERS 5% RISE IN NET

Article Abstract:

Reliance Capital has recorded a 5 percent growth in net profit on a 35 percent rise in total income in 1997-98. The company has maintained its dividend at 28 percent. (gsh) --------------------------------------------------------- Financial Results: Reliance Capital (Rs in crore) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Total Income 301 223 --------------------------------------------------------- Interest 87 31 --------------------------------------------------------- Depreciation 80 46 --------------------------------------------------------- Income tax provision 11 17 --------------------------------------------------------- Net Profit 106 102 ---------------------------------------------------------

Comment:

Records 5% growth in net profit on 35% increase in total income in 1997-98

Sales, profits & dividends, Business Credit Institutions, All Other Nondepository Credit Intermediation, Commercial finance companies, Reliance Capital

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SASI ADVERTISING DRAWS UP PLANS TO DOUBLE BILLINGS

Article Abstract:

Sasi Advertising Pvt Ltd (SA) of Coimbatore proposes to double its capitalised billings to Rs40 crore in the next 3 years. It will also take up brand promotion through the below-the-line approach. It focuses on rural communication, multimedia and web- related communications to boost its growth. It also proposes to establish offices in Mumbai and New Delhi and consolidate its branches in Bangalore, Chennai and Kochi. It also proposes to increase the resources at its Coimbatore office. (ag)

Comment:

Proposes to double its capitalized billings to Rs40 crore in the next 3 years

Strategy & planning, Advertising Agencies, Sasi Advertising Private Ltd.

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