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Posted on: February 24th, 2008 and is filed under Press Releases.

PNB’s net profit increased by 26% to Rs 541.46cr

Dr. K.C. Chakrabarty, Chairman & Managing Director of Punjab National Bank disclosed the bank’s reviewed financial results for the third quarter of FY 2007-08. …

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Posted on: February 24th, 2008 and is filed under Press Releases.

Reliance Capital’s net profit of Rs 135cr, increase of 86%

Reliance Capital Limited (RCL) today announced its unaudited financial results for the nine months ended December 31, 2007. The performance highlights are: …

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Posted on: February 24th, 2008 and is filed under Press Releases.

Hero Honda joins Indian Premier League as Partner

Hero Honda Motors Ltd. (HHML), the world’s largest two-wheeler manufacturer for the seventh year in a row, today signed on as partner for the Indian Premier League (IPL), scheduled to start from April 16, 2008 onwards. …

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Posted on: February 24th, 2008 and is filed under Press Releases.

Replacement of scrip(s) in BSE Indices

The Exchange has decided to make the following replacement in BSE indices: BSE-500 Index: (Click heading to visit the table) …

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Posted on: February 24th, 2008 and is filed under Press Releases.

Goodyear named one of the 100 Best Corporate Citizens

The Goodyear Tire & Rubber Company was named one of the “100 Best Corporate Citizens” in the current issue of CRO (Corporate Responsibility Officer) magazine. Goodyear came in at No. 72, the first time the Akron, Ohio-based company made the list in nine years of ranking the top …

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Posted on: February 24th, 2008 and is filed under Press Releases.

Megasoft’s revenues up by 67% to Rs 2972mn

Megasoft Limited, today announced its audited financial results for the year ended December 31, 2007. The Company posted a Rs. 2972 million as revenues and Rs.560 Mn profit after tax for the year ended December 31, 2007, compared to revenues of 1783 Mn and net Income of Rs 326 Mn in the …

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Posted on: February 24th, 2008 and is filed under Press Releases.

Bank of Baroda slashes BPLR by 50 bps

In order to stimulate the demand for consumer and investment credit in a slowing economy, the Bank of Baroda has decided to reduce its Benchmark Prime Lending Rate by 50 basis points to 12.75% effective February 27, 2008. …

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Posted on: February 24th, 2008 and is filed under Press Releases.

Renault & Nissan sign MOU with Govt of Tamil Nadu

On February 22, 2008, Patrick Pélata, Executive Vice President, Product, Plan and Programs for Renault, and Carlos Tavares, Executive Vice President, Corporate and Product Planning for Nissan, …

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Posted on: February 24th, 2008 and is filed under Press Releases.

REC IPO generates demand for Rs 43,000cr

Generating a demand for over Rs 43,000 crores despite a highly volatile market condition, the IPO of the state-run Rural Electrification Corporation Limited (REC) got subscribed by 27.3 times by 5 PM today, the last day of the issue. …

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Posted on: February 24th, 2008 and is filed under Press Releases.

NHAI accepts IRB bid for Surat-Dahisar section

IRB Infrastructure Developers Limited has received an LOA from the National Highways Authority of India (NHAI) accepting the company’s Price Bid for the Surat – Dahisar BOT project. …

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