Godrej Powder Hair Dye, flagship brand of GCPL and the colorants market, has been relaunched in a unique formulation as ‘Godrej Expert Powder Hair Dye.’ The unique, no ammonia formulation ensures 100% grey coverage and is enhanced with perfume and conditioner. The distinctive attr…
Continue reading...Sage Capital to raise USD 200mn
Sage Capital Fund Management, an Indian private equity firm, today announced that it plans to raise USD 200 million for Sage Capital Value Fund. The fund will focus on special situations such as tactical acquisitions of businesses / assets with the potential to unlock exceptional value…
Continue reading...Kohlberg Kravis Roberts to invest in Bharti Infratel
Bharti Infratel, a wholly owned subsidiary of Bharti Airtel Limited, today announced that leading private equity firm Kohlberg Kravis Roberts & Co. (KKR) has agreed to invest USD 250 million in Bharti Infratel. The investment will be made by KKR’s Asia dedicated private equity fund…
Continue reading...Yara to sign JV with Deepak Fertilisers & Petrochemicals
Yara International ASA and Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) have announced that they had signed a Heads of Agreement with the intention of establishing a joint venture company (JV) to produce and market ammonium nitrate and speciality fertilisers in India. …
Continue reading...SBS to open new BPO facility in Madurai
Chennai headquartered SBS (Sundaram Business Services), the BPO arm of leading financial services company, Sundaram Finance, has announced its first expansion into a Tier 2 city with the setting up of a BPO facility in Madurai. SBS’s new 12000 sq. ft BPO delivery facility will co…
Continue reading...GNFC reports Q3 net profit of Rs 123.76cr
GNFC Reports Q-3 Net Profit of Rs. 123.76 crore, and Nine Months’ Net Profit of Rs. 320.13 crore which are highest ever profits in the history of the Company The fertilizers and chemicals major GUJARAT NARMADA VALLEY FERTILIZERS CO. LTD. has posted impressive, ever highest result…
Continue reading...Firstsource reports total income up by 71.6% to Rs 3825 mn
Firstsource Solutions Limited (NSE:FSL, BSE:532809), among India’s leading pure-play BPO companies reported its results for the quarter ended December 2007 according to Indian GAAP. Highlights of Quarter ended December 2007 v Total income of Rs. 3825 million for the quarter e…
Continue reading...Infinite India invests Rs 6000mn in Maytas upcoming project
Maytas Properties Limited today announced that Infinite India Investment Management, one of the country’s largest real estate focused investment firms has invested Rs. 6,000 million (USD 150 million) in some of Maytas Properties’ upcoming projects. A part of these funds will b…
Continue reading...Assam Co puts Amguri 10B & Amguri 11 wells on production
Assam Company today announced that the company has placed the Amguri 10B and Amguri 11 wells on production. Gross production from the Amguri field is now able to average approximately 870 bbl/d of condensate and 7 million cu. ft. per day of natural gas or 2,040 barrels of oil equivalen…
Continue reading...Indoco Remedies net profit up by 23% to Rs 11.85cr
For the second quarter ended 31st December, 2007, Indoco Remedies Turnover increased by 15.91% to Rs.94.93 crores (Rs.81.90 crores) while Net Profit increased by 23% to Rs.11.85 crores (Rs.9.63 crores). The Company’s plant at Baddi is operating at optimum capacity thereby reducin…
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