IRB Infrastructure Developers Limited, an infrastructure and construction company in India with extensive experience in the roads and highways sector and currently involved in 12 BOT projects in this sector, proposes to enter the capital markets on 31st January 2008 with a public issue of…
Continue reading...Pantaloon Retail posts 62.9% increase in income
Pantaloon Retail (India) Limited, part of the Future Group, declared its unaudited financial results for the quarter ended December 31, 2007 wherein the Income from operations (Rs.1226.75 crore) for the quarter increased by 62.9 per cent; and PBDIT (Rs.110.93 crore) increased by 93.06 per…
Continue reading...Tech Mahindra Q3 revenues up by 26%
Tech Mahindra Limited, one of the largest solution providers in the telecom space, announced a 19% growth in net profit after tax and 26% increase in revenue for Q3 FY08 over the corresponding quarter in the previous year. …
Continue reading...iGATE signs agreement with Cummins
iGATE Global Solutions (iGATE), the integrated technology and operations (iTOPS) company, announced a multi-million dollar agreement with Cummins Inc (NYSE:CMI), currently ranked 221 in the Fortune 500 list of companies. …
Continue reading...Arvind Mills launches its 1st Megamart Outlet Centre
Arvind Mills today announced the launch of their first Megamart Outlet Centre at Valasarvakkam, Chennai which not only brings together an entire array of lifestyle brands at value prices under one roof but also an international shopping experience. …
Continue reading...Info Edge reports 60% rise in net profit to Rs 130.91mn
Info Edge (India) Limited today announced results for the quarter ended December 31, 2007. The company reported Net Profit after Tax of Rs. 130.91 million compared to Rs. 81.58 million for the corresponding quarter in FY 06-07. Info Edge recorded Total income of Rs. 601.84 million compare…
Continue reading...GCPL to acquire Kinky
Godrej Consumer Products Limited (GCPL), one of the leading companies in the Indian FMCG sector, today signed an agreement to acquire the ‘Kinky’ hair business in South Africa. …
Continue reading...CTE acquires Q-Soft Systems & Solutions
Cambridge Technology Enterprises, a global IT services provider and recognized as a leading provider of SOA based solutions and Enterprise Transformation applications to mid size enterprises of Global 2000 enterprises, today announced that it has entered into an acquisition agreement with…
Continue reading...Grasim cons net profit at Rs 722cr up 29%
Grasim Industries Limited has posted good results for the 3rd quarter ended 31st December, 2007. The improved performance was propelled by its core businesses, viz., Cement and Viscose Staple Fibre (VSF). The Company’s Chemical and Sponge Iron businesses too aided the performance. …
Continue reading...CTCB embarks on bkg transformation with i-flex’s FLEXCUBE
Chinatrust Commercial Bank (CTCB), the largest private bank in Taiwan, and i-flex® solutions (Reuters: IFLX.BO & IFLX.NS), a leading provider of IT solutions to the global financial services industry, announced that the bank will implement FLEXCUBE® Universal Banking Solution as th…
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