Modern India Free Trade Warehousing Private Limited, a subsidiary of Modern India Ltd has identified land at Taluka Panvel and will be setting up a Free Trade Warehousing Zone (FTWZ). The Company has made an application to the Government of Maharashtra and necessary applications have also…

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Era Infra Engineering Ltd. through their construction & contracts division has bagged a prestigious contract from BHEL (Bharat Heavy Electricals Ltd). The contract value is Rs 95.56 crores excluding applicable taxes and steel. Steel shall be supplied free of cost by the BHEL. The sc…

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Axis Bank has announced its unaudited results for the first quarter of FY 2008-09, following the approval of its Board of Directors at a meeting held in Mumbai on 14th July 2008. The Net Profit of the Bank for the first quarter was Rs. 330.14 crores, a growth of 88.67% over the Net Profit…

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Siemens VAI MT, India (SVAI India) along with Siemens VAI, France has received an order to engineer, supply, erect and commission a color coating line and a hot-dip zincalume (metal coating) line from Tata BlueScope Steel Ltd. These two lines will be installed at its plant at Jamshedpur i…

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Orbit Corporation Limited (“OCL”), a Real Estate Developer focusing in the Mumbai Metropolitan Region (MMR), has posted a consolidated net profit of Rs.18.22 crore for the Quarter ended June 30, 2008. Total Revenue on consolidated basis grew by 27.48% to Rs. 82.10 crore over the same …

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Bharti Airtel Limited has been voted as India’s most innovative company, in a survey conducted by The Wall Street Journal. Bharti Airtel was ranked as the most innovative in responding to customer needs in a survey conducted to determine Asia’s 200 most-admired companies. Com…

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The consortium led by Phoenix Mills has inked a historic deal with Adlabs Cinemas for the country’s largest multiplex cinema at its Kurla project – Phoenix Market City. The 140,000 sq. ft. multiplex will have 15 screens and over 4000 seats. The deal was hotly contested by leading …

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Welspun Gujarat Stahl Rohren Ltd. (WGSRL), the 2nd largest line pipe company in the World (Source: Financial Times, UK) won orders worth Rs. 3000 Crores from India and overseas. With these orders, the current order book position of the company stands at Rs. 7700 Crore including the orders…

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Edelweiss Capital Limited, one of India’s largest integrated Investment Banking companies announced its unaudited financial results for the quarter ended June 30, 2008. Consolidated Financial Highlights * Q1FY09 Revenues of INR 268.93 cr vs INR 143.74 cr for Q1FY08 (Growth of 87%)…

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Allied Digital Services Ltd. (BSE:532875,NSE: ADSL) a leading Indian, Enterprise IT infrastructure management services provider has acquired 80.5% stake in IT Infrastructure Management/Remote Management Services provider EnPointe Global Services Llc., a carved out subsidiary of EnPointe T…

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