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Posted on: May 6th, 2008 and is filed under Press Releases.

L&T inaugurates electrical & automation systems mfg unit

L&T Electricals Saudi Arabia Company Limited (LTESA), the joint venture between Larsen & Toubro International FZE (LTFZE) and Yusuf Bin Ahmed Kanoo, inaugurated its switchboards manufacturing facility in the Kingdom of Saudi Arabia. LTESA will engage in design, engineering and …

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Posted on: May 6th, 2008 and is filed under Press Releases.

Mahindra World City bags 2 international awards

The residential and social amenities zone at Mahindra World City, New Chennai was designed by M/s HOK, USA with the belief in creating work and life spaces that are world-class and seamlessly integrate with the natural surroundings they are set in. It has led to the planners and architect…

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Posted on: May 6th, 2008 and is filed under Press Releases.

Unity bags orders worth Rs 223cr

Unity Infraprojects Limited, one of India’s largest civil contractors, has bagged two orders worth Rs. 223 crores. The company will be constructing Regulated Environmental Buildings at the prison complex, Mandoli, Delhi for an estimated amount of Rs. 154.29 crores. The work will be …

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Posted on: May 6th, 2008 and is filed under Press Releases.

i-flex posts 73% QoQ gwth in net income at Rs 185cr

The Board of Directors of i-flex solutions limited, a leading provider of IT solutions to the global financial services industry, has approved the results for the quarter and financial year ended March 31, 2008. Same as last year, the Board of Directors have not recommended any dividend t…

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Posted on: May 6th, 2008 and is filed under Press Releases.

IOL Chemicals & Pharma’s PAT up by 64%

IOL Chemicals & Pharmaceuticals Limited, a leading producer of Organic Chemicals & bulk Pharmaceuticals in the country, today announced their impressive financial results for the quarter and year ended March 2008. Overview FY2008 v/s FY2007 The company recorded Income from Ope…

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Posted on: May 5th, 2008 and is filed under Press Releases.

IOL Chemicals & Pharma’s PAT up by 64%

IOL Chemicals & Pharmaceuticals Limited, a leading producer of Organic Chemicals & bulk Pharmaceuticals in the country, today announced their impressive financial results for the quarter and year ended March 2008. Overview FY2008 v/s FY2007 The company recorded Income from Ope…

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Posted on: May 5th, 2008 and is filed under Press Releases.

GSK Pharma signs licensing agreement with Astellas

GlaxoSmithKline (GSK) Pharma today announced a collaboration agreement with Japan based Astellas Pharma Inc. for exclusive rights for the latter’s injectible anti-fungal agent Micafungin (brand name Mycamine) in the Indian market. Micafungin, an original research product of Astellas was…

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Posted on: May 5th, 2008 and is filed under Press Releases.

Patel Engg bags RCC dam project in US, worth USD 280mn

Patel Engineering Ltd., a civil infrastructure construction company, today announced that the company bagged the Taum Sauck Upper Reservoir Dam Reconstruction project. This is the largest RCC dam in the Missouri, USA. The value of the project is estimated to be approximately USD 250 – U…

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Posted on: May 5th, 2008 and is filed under Press Releases.

JSW Steel post net profit of Rs 461cr

JSW Steel Limited posted a net profit of Rs.461 crores and Rs.1,728.19 crores for the Q4 2007-08 and financial year ended March 2008 respectively. The surging input costs squeezed the EBIDTA margins in Q4 by 11.6% and for the year ended March 2008 by 2.66%. The financial results for the…

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Posted on: May 5th, 2008 and is filed under Press Releases.

Avaya Unified Comm goes hands-free with voice recognition

Mobile workers can now “talk” to their telephones while on the road. This means that they can keep their eyes on the road and stay safely connected to the office using speech commands with their own “personal assistant”, Avaya Inc. announced today. The speech interface is now inc…

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