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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (8343)	10/13/1999 2:12:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

Electrosteel Castings net profit up 57% electrosteel.com (Electrosteel Castings Limited is a four decade old company with a turnover close to (US$ 100 million) and profit over (US$13.75 million). We are the only Indian company manufacturing Ductile-Iron spun pipes. In addition we also have manufacturing facilities for Cast Iron Spun Pipes . We have a large customer base in both India and abroad.) ==================== 13-10-1999 13:08:07 (Probity) In Q2 FY2000, Electrosteel Castings has recorded a net profit of Rs231.8mn, a growth of 56.7% yoy. The net sales have risen to Rs1152.9mn, a growth of 25.4% yoy. The other income has declined by 22% yoy. Operating profit of the company has increased to Rs386.6mn, a growth of 38.3% yoy. Operating margin has improved substantially from 27% (Q2 FY99) to 32% in Q2 FY2000. Improvement in margins is due to the higher proportion of ductile iron pipes (a value added, high margin product) in the product mix and closure of loss making Ghaziabad plant.

To: Mohan Marette who wrote (8343)	10/13/1999 2:18:00 PM
From: sea_biscuit	Read Replies (2) \| Respond to of 12475

What is really required is for the courts to get rid of their enormous backlog of cases. However, they don't have a freakin' clue how to do that. So they amuse themselves with the internet, dictation software and so on. No wonder the whole system keeps getting crappier with every passing year.

To: Mohan Marette who wrote (8343)	10/13/1999 2:19:00 PM
From: JPR	Read Replies (2) \| Respond to of 12475

The Supreme Court today went hi-tech with the Chief Justice of India putting the daily and advance list of cases on Internet which would help litigants across the country to know when their cases would be heard without coming to the capital. As per DIPY, the justice system is a spectacle, and now with this internet, justice going into cyberspace will get lost for ever. By the time you locate the cyberlist and arrange hearings, the litigants would have died. <g>