Highlights of 9M FY 2008 * Profit After Tax of Rs.593 crore. An increase of 44% over 9M FY 2007 (Rs.411 crore) * EPS (diluted) increased from Rs.3.63to Rs.4.79 per share …
Continue reading...Monnet Ispat & Energy’s net sales of Rs 288cr
Monnet Ispat and Energy Limited’s net sales jumped to Rs. 288 crores in the 3rd quarter ending 31st December ‘2007 , vis-à-vis Rs. 180 crores achieved in the corresponding quarter of the last fiscal i.e., an increase of 60%. …
Continue reading...Renuka Sugars mulls stock split
The Board of Directors of Shree Renuka Sugars Ltd. will meet on 23rd January, 2008 to consider and approve the Unaudited Financial Results for the quarter ended 31st December, 2007 and proposal of stock-split / sub-division of the ordinary equity shares of Rs.10/- each of the Company. …
Continue reading...ICICI Pru Life posts 77% growth in April-Dec 2008
ICICI Prudential Life Insurance grew 77% to garner a total premium of Rs. 7,758 crores for the period April 1 to December 31, 2007. The company notched up weighted retail + group new business premium of Rs. 4,586 crore during the period, posting a year-on-year growth of 69%. This growth c…
Continue reading...ICICI Bank: 35% YoY growth in PAT
The Board of Directors of ICICI Bank Limited (NYSE: IBN) at its meeting held at Mumbai today, approved the audited unconsolidated Indian GAAP accounts of the Bank for the quarter ended December 31, 2007 (Q3-2008). …
Continue reading...Proposed IPO of equity shares by ICICI Securities
The Board of Directors of ICICI Securities Limited (ICICI Securities), a wholly-owned subsidiary of ICICI Bank Limited (NYSE: IBN), at its meeting held at Mumbai today approved an initial public offering of equity shares, as well a private placement of equity shares to one or more institu…
Continue reading...IFC supports Environmental Certification Program
Occupational Knowledge International, with support from IFC, a member of the World Bank Group, announced at the Auto Expo in New Delhi a new program to certify battery manufacturers that meet minimum emissions standards and recycle lead batteries. …
Continue reading...UltraTech Cement’s net sales up 10%, PAT up 32%
UltraTech Cement Limited, an Aditya Birla Group Company, today announced its unaudited financial results for the quarter ended 31st December, 2007. …
Continue reading...Auto Components/Ancillary Inds targets 20% gwth
At the 9th Auto Expo 2008, companies representing the auto components and ancillary sector are optimistic in achieving a 15-20 percent growth year-on-year, in the next five years due to the current buoyancy in the Indian automotive sector as well as major investment and expansion plans o…
Continue reading...Unity Infraprojects bags Rs 102 crore project
Unity Infraprojects Ltd.; one of India’s largest civil contractors, has bagged a contract worth Rs.102.14 crore from Magarpatta Retail Pvt. Ltd. for civil construction works for a retail mall project coming up at Magarpatta city, near Hadaspur in Pune. The project is to be completed wit…
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