Suzlon Energy Limited, the world’s fifth leading wind turbine maker with 10.5% of global marketshare, announced results for the financial year ended March 31, 2008, reporting 71% growth in revenues. The company reported consolidated wind turbine sales volume for FY08 at 2,311 MW, compa…
Continue reading...Unity bags orders worth Rs 383cr from HSRDC
Unity Infraprojects Limited, one of India’s largest civil contractors, has bagged an order worth Rs. 383 crores from Haryana State Roads and Bridges Development Corporation Limited, Chandigarh. A contract worth Rs 142.62 crores was awarded to Unity for widening and upgradation of R…
Continue reading...Whirlpool of India reports net PAT of Rs 32.3cr for FY07-08
Whirlpool of India, a subsidiary of Whirlpool Corporation, the World’s No. 1 Home Appliances Company, today reported a net Profit after Tax of Rs. 32.3 crores for the FY 2007-2008, recording a remarkable turnaround in its financial performance. The company’s sales surpassed its tally…
Continue reading...HSBC wins Canara Robeco Mutual Fund mandate in India
HSBC Securities Services has won the outsourced fund administration mandate for a leading fund manager – Canara Robeco Asset Management Company (AMC). With assets under management of Rs. 3721.63 crore (US$ 930 million) as of 30 April 2008, this complex project has been completed by…
Continue reading...Dr Reddy’s FY08 revenue at Rs 50006mn; EBITDA at Rs 9736mn
Dr. Reddy’s Laboratories Ltd. (NYSE: RDY) today announced its audited financial results for the year ended March 31, 2008. FY08 Key highlights o Revenues at Rs. 50 billion ($1,250 million) in FY08 as against Rs. 65 billion ($1,627 million) in FY07. o EBITDA at Rs. 10 billion ($243 mi…
Continue reading...Patni launches Patni atoms
Patni, the global IT services leader, has launched the first market-ready offering for communications service providers to set up core customer- and partner-facing business processes under one consolidated operational model. Patni atoms™ process-centric platform is designed for provide…
Continue reading...Kabra Extrusiontechnik net profit up 177%
Kabra Extrusiontechnik Limited, India’s largest manufacturer and exporter of plastic extrusion machinery, today announced results for the quarter and year ended March 31, 2008. Financial Highlights – Quarter ended March 31, 2008 · Sales increased by 23% to Rs. 48.69 cr. · Do…
Continue reading...Plastiblends net profit up 100%
Plastiblends India Limited, India’s largest producer and exporter of masterbatches for the plastic industry, today announced results for the quarter and year ended March 31, 2008. Financial Highlights – Quarter ended March 31, 2008 · Sales increased by 23% to Rs. 43.62 cr. ·…
Continue reading...Educomp acquires majority stake in Learning.com for $24.5mn
Educomp Solutions Ltd today announced that it has acquired a 51% stake in leading US based eLearning company, Learning.com. The majority stake has been acquired by Educomp at a cost of $ 24.5 million, which included the purchase of existing shares as well as an infusion of new capital in…
Continue reading...Gemini Comm net revenue jumps 47% to Rs 236.12cr
Gemini Communication Ltd (GCL) [BSE CODE NO: 532318], a leader in communications and networking solutions and pioneers in the field of System Integration, today announced its results for the year ending March 31, 2008, with a 52% jump in its Y-on-Y profits. Commenting on the performance …
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