NIIT, the leading Global Talent Development Corporation has received the mandate for providing computer and computer aided education to 1.9 million students in 900 State Government Schools in Maharashtra and Bihar. As per two back to back orders bagged by its School Learning Solutions Bu…

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Archidply Industries Limited manufacturers of comprehensive engineered interior products which include Plywood, Block Board, Plain and Pre Laminated Particle Board, Decorative Laminates and Decorative Veneers, today announced a price band of Rs 70 to Rs 80 for its forthcoming Initial Publ…

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Modern India Ltd, erstwhile The Modern Mills Ltd – since 1933 reasserts its performance in the real estate business with a growth of 181% in Income from Operations. The company’s Net Profit stands at Rs. 5.41crore for the year ended March 2008 against Rs.4.28Crore for the year 2007. T…

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ABN AMRO acted as sole financial advisor to Sterlite Industries (a Vedanta Resources plc company) for the proposed acquisition of ASARCO LLC. The acquisition includes substantially all of the operating assets of ASARCO, a Tucson, Arizona based copper mining, smelting and refining company….

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Aksh Optifibre Ltd has signed an agreement with BSNL, world’s seventh largest Telecom Company in the world, to provide IPTV services to its subscribers services in 20 cities in Northern India covering the states of Jammu and Kashmir, Punjab, Himachal Pradesh, Haryana, Rajasthan and UP (…

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Marathon Nextgen Realty Limited, a leading real estate company, has posted a 37.3 per cent rise in net profit to Rs. 62.2 crore for the financial year ended March 31, 2008. Total revenue grew by 23 percent to Rs. 119.4 crore over FY06-07. The company has registered a growth of 13.4 perce…

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The compressor station of GAIL at Hazira has won the prestigious ‘Golden Peacock Award for Occupational Health & Safety – 2008. The award was presented to GAIL at the Global Convention on Climate Change at Himachal Pradesh. Justice P N Bhagwati, former Chief Justice of India …

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Adhunik Metaliks Limited (AML), a leading producer of alloy steel based in Eastern India, has reported gross sales of Rs. 347.41 crores in the quarter ended March 31, 2008 against Rs. 210.66 crores in the comparable quarter of 2006-07. Net sales for the quarter grew by 65.89 per cent to …

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Punj Lloyd Group, a specialist in Engineering, Procurement and Construction (EPC) services, has acquired a strategic 74% stake in Technodyne International Limited, Eastleigh, UK for an undisclosed amount. Technodyne is a specialist engineering, design and consultancy company specializing…

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PVR Limited today announced its audited results for the quarter and twelve months ended March 31st, 2008.The revenues, net of entertainment, value added, sales and service taxes, for the quarter ended March 31st, 2008 of Rs 56.82 crores grew by 34% and EBITDA of Rs 9.59 crores grew by 14%…

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