The Western Union Company (NYSE: WU) today reported financial results for the first quarter. Highlights for the quarter include: — Revenue of $1.3 billion, up 12% …

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Biocon Limited today announced its financial performance for the financial year ended March 31, 2008. PERFORMANCE HIGHLIGHTS: FY 2008 (April ‘07 – March ‘08) v/s FY 2006 (April ‘06 – March ‘07) …

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Hon’ble Chief Minister of Andhra Pradesh Dr Y S Rajasekhara Reddy today laid the foundation stone for the construction of All Weather Deep Water Port at Machilipatnam to be constructed by Maytas Infra Limited, a Hyderabad based construction and infrastructure development company in …

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GVK Power & Infrastructure Limited (GVKPIL) today announced its audited consolidated financial results for the year ended March 31, 2008, after its financial results were taken on record and approved by the Board of Directors at its meeting held here, today. …

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Reports Q4 and FY 2008 results Revenues for 4th quarter ended March 31, 2008 rose by 48.7% to Rs. 6,890 mn over Q4 FY 2007. The international revenue was also higher by 107.4% at Rs. 4,429 mn. Consolidated EBITDA in Q4 stood at Rs. 1,064 mn, however, the EBITDA before exchange loss and i…

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Anil Ambani group’s Reliance Power is looking to invest about one billion dollars (Rs 4,000 crore) towards purchase of large-size vessels for shipping coal from abroad to its Krishnapatnam and other projects. Reliance Power, which has bagged the country’s two ultra mega power…

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Two Indian pharma majors have entered into an agreement “to leverage the inherent strengths of each other”, it was announced on Tuesday. The Gurgaon-based Ranbaxy Laboratories and Chennai’s Orchid Chemicals and Pharmaceuticals are to establish a framework for enhanced c…

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Daman-based Radha Madhav Corp Ltd (RMCL) Tuesday announced that its new high-end 22,000-tonne pharma packaging unit, set up at an investment of Rs.750 million ($18.75 million), has commenced partial production. The unit is expected to start full production by September this year, Chirag …

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CMC Limited announced total consolidated revenues of Rs. 1076.64 crore for 2007-08 (a marginal decline of 0.8% primarily on account of 3.6% decline in low margin equipment revenue). Operating revenues for the year 2007-08 was Rs. 1064.74 crore, compared to Rs. 1079.81 crore earned in the …

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The renewed thrust given by the Ministry of Steel on Corporate Social Responsibility (CSR) by its PSUs since a year back was reviewed on 16th. April 2008 by Shri RS Pandey, Secretary (Steel), MoS in a meeting with the CMDs of all the 11 PSUs under the Ministry. The highlights of the CSR…

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