State Bank of India (SBI) and Macquarie Capital Group Limited (Macquarie) announced today their intention to raise a new US$2 billion fund that will invest in direct infrastructure investment opportunities in India. A Memorandum of Understanding was today signed by SBI and Macquarie to m…

Read More..

Parsvnath Developers Limited (PDL), one of India’s leading real estate company with a pan-India presence and a diversified portfolio has inked an agreement with two Saffron Group managed funds, Yatra Capital Limited and Saffron India Real Estate Fund I (SIREF I), for the development of …

Read More..

The performance of BASF India Limited during the year ended 31st March 2008 registered an improvement over the previous year. Sales at Rs.10,305.5 million (Net of excise: Rs.9,072.0 million) during the year ended 31st March 2008 showed an increase of 18% compared to the previous year. P…

Read More..

MindTree Limited, a global IT and R&D Services Company, announced its consolidated results today for the fourth quarter ending March 31, 2008 and 2007-08 financial year (FY) as approved by its Board of Directors. Consolidated Financial Highlights for the Fourth Quarter Ending March …

Read More..

Consistent with its higher volume of operations, Power Finance Corporation Limited’s (PFC) Net Profit rose by an impressive 23 % to touch Rs 1209 crore for the FY 2007-08 as against Rs. 986 Crore posted during FY 2006-07. While the loan sanctions of the Corporation touched an all-ti…

Read More..

Ankur Drugs & Pharma Ltd, one of the top pharmaceutical companies engaged in manufacturing of pharmaceutical formulations for leading Indian companies has posted excellent results for the final quarter of the 2008 fiscal. The company posted a PAT of Rs 19.96 crores for the quarter e…

Read More..

With a view to providing comprehensive solutions on global warming to Indian companies, HDFC Bank has signed Memoranda of Understanding (MoU) with two leading Carbon Credits service providers, namely, Cantor CO2E India Pvt Ltd and MITCON Consultancy Services Limited (MITCON). This exercis…

Read More..

Nakoda Textile Industries Ltd (NTIL) posted a robust 61 per cent growth in top line compared to the corresponding quarter last year to touch 1907.4 mn for the first quarter ended March 08. The company’s net profit margin grew 63 per cent over the corresponding quarter last year to Rs.33…

Read More..

Over the past few years, HCL has set the pace for the industry by pioneering Value Centricity and Employee First – a focus that has been a key ingredient of our continued leadership. Towards the end of 2007, we promised to continue this transformation journey, and enhance it by way …

Read More..

GEI Industrial Systems Ltd (GEI Industrial), a leader in heat transfer technology, has seen a 70% year-on-year jump in Income from Operations and 74% year-on-year jump in Profit After Tax for the year ended March 31, 2008 as compared to the last fiscal. While the Company’s total income…

Read More..