Welspun Gujarat Stahl Rohren Ltd., (Welspun) the flagship Company of the $3 billion Welspun Group today announced its results for the 4th quarter and year ended March 31, 2008, with an annual turnover of Rs 40,104 million ($1bn) for FY 2008. Annual Dividend Proposal The board of directo…

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Highlights Consolidated results for the quarter ended March 31, 2008 * Consolidated revenues from operations for Q1-08 was Rs.79.88 crores (US$20.07mn.) compared to Rs.59.36 crores in Q1-07 and Rs.64.67 crores in Q4-07; YoY growth was 34.56% (49.23% in US$) and sequential QoQ growth…

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Reiterating its commitment to make mobile telephony more affordable, Airtel today announced unprecedented tariff reductions on STD and Roaming services for its over 62 million customers. Airtel has reduced its STD rates dramatically to Re 1.50/ minute from the earlier Re 2.65/ minute, be…

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Asian Granito Limited, the new generation tile maker with an ambition to join the big league of top tile makers in India by providing innovative products of world class quality, launching of new brands, and establishing a network of large display-cum –show rooms across the country, is l…

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ArcelorMittal has undertaken a detailed review of its IT subcontracting activities in Western Europe and is moving towards a more global IT supply model. This includes efforts to consolidate sub-contractors activities, currently provided by a multitude of vendors, with two global IT provi…

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Goldstone Infratech Limited announced the major joint venture with Dr. June Min, the founder of TF SolarPower Pvt. Ltd. and Jusung Engineering Ltd., an equipment supplier in Korea to set up solar panel fab in the fab city, Hyderabad. Goldstone Infratech, a market leader in polymer insula…

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Following the meeting of the Board of Directors, Raghav Bahl, Television Eighteen’s Managing Director said: “We are extremely happy to declare this quarter’s financial performance. Our news channels continue to lead the business news genre. The revenues from all properties are showi…

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Godrej Consumer Products Ltd, one of the leading companies in the FMCG sector with a presence in the Personal & Household Care segment, today announced its audited financial results for the fourth quarter and financial year ended 31 March 2008. Commenting on the results, Mr. Adi God…

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Hexaware Technologies Ltd, a leading global provider of IT & BPO services and consulting, today reported financial results for the first quarter ended March 31, 2008. The Quarter was marked by substantial improvements in the financial performance despite the slowing US economy. The …

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The Board of Directors of Industrial Development Bank of India Ltd. (IDBI) met in Mumbai today to consider the financial results for the quarter/year ended March 31, 2008. The results have been audited by the Statutory Auditors.Profitability: IDBI reported a net profit of Rs. 245 crore a…

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