GE Energy is supplying Cairn India with 32 of its J420 GS Jenbacher gas engines that will generate the electricity for India’s first cross country, heated crude oil pipeline, which is currently under construction. The project represents the largest single order of Jenbacher engines in …

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Parsvnath Developers Limited (PDL), India’s leading infrastructure developer has received Letter of Acceptance (LoA) from Buddha Smriti Udhyaan Development Company Limited (BSUDCL) to develop Buddha Smriti Udhyaan at Patna. The scope of work involves construction of Buddha Smriti Udhya…

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Indo Asian Fusegear Limited, a leading manufacturer of Electrical Switchgear and Energy Efficient Lighting equipments, today announced its audited results for FY 08 and Q4FY08. Revenues during the Financial Year increased by 23% to Rs. 276.4 crores as against Rs 224.9 Crores during the …

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The Board of Directors of Pioneer Investcorp took on record the audited consolidated results for Financial Year 2007-2008, at a Board Meeting held in Mumbai today. Some Highlights: 1. The consolidated total income for the year ended March 2008, at Rs.9199.16 lacs, reflects a growth of…

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Axis Bank has invested Rs. 250 crores in Lavasa Corporation Limited (Lavasa), a subsidiary of HCC (Hindustan Construction Company Limited) in the form of Convertible Preference Shares and Convertible Debentures. Based on the above investment, the equity valuation of Lavasa works out to R…

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Four Soft Limited (NSE: “FOURSOFT”, BSE: 532521), a global leader providing software solutions for transportation and logistics verticals, has secured 13 clients in the last six months. The recent client-wins have strengthened Four Soft’s global footprint with clients spread…

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Nitin Fire Protection Industries Limited (NFPIL), an established player in Fire Protection, Safety and Security Solutions Business as well as Cylinders & Re-fuelling Systems, has reported a 94.34% rise in consolidated net profit at Rs. 19.41 crores for the financial year ended March …

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The Board of JK Paper Limited, which met on 26th June, 2008 to consider the audited accounts for the 9 months ending 31st March, 2008, recommended a dividend of 15% (annualised 20%) on its equity capital. Gross Sales for the 9 months ending 31st March, 2008 was Rs.749 crore, an increase …

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Global Vectra Helicorp Ltd. (GVHL) (BSE Code 532773; NSE Code GLOBALVECT), India’s leading provider of helicopter services to the country’s Oil and Gas sector, has posted an increase in Revenue for the year ended March 2008 at Rs. 179.54 Crores as compared to the corresponding previo…

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With its first acquisition in China, specialty chemicals company LANXESS AG is expanding the Asian business of its Inorganic Pigments business unit. In Jinshan near Shanghai LANXESS is to acquire two production units from its previous cooperation partner Jinzhuo Chemicals Company Ltd, one…

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