Future Capital Holdings Limited (“FCHL” or the “Company”), the financial services arm of the Future Group, has fixed the Issue Price at Rs 765 per equity share (upper end of the Price Band) for its Initial Public Offering (“IPO”) of 6,422,800 equity sha…
Continue reading...HDFC reports PBT amounting to Rs 2281.88cr,increase of 77%
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) announced its results for the third quarter of the financial year 2007-2008, following its meeting on Friday, January 18, 2008 in Mumbai. The accounts have been subject to limited review by the Corporation’…
Continue reading...Gayatri Projects, DLF to develop project worth Rs 1000cr
Gayatri Projects Ltd (GPL), one of the oldest infrastructure companies based in Hyderabad, today signed a memorandum of understanding (MoU) with DLF Limited, the country’s largest real estate major, to develop roads and highway projects across the country worth Rs 1000 crore every year….
Continue reading...Infogain completes acquisition of Spider Systems
Infogain Corporation, a leading provider in CRM, ERP, Integration and Business Intelligence Solutions and Services, today announced the completion of its acquisition of Spider Systems, Pune, India. The acquisition immediately establishes Infogain as a strong player in the ERP market space…
Continue reading...L&T launches premium township project in Chennai
L&T South City Projects Limited (L&T SCPL) is launching “Eden Park” – an integrated township off Old Mahabalipuram Road, Chennai, on January 18, 2008.L&T SCPL is a joint venture between L&T Urban Infrastructure Limited, Dinesh Ranka & Associates, and Pragnya…
Continue reading...Orient Paper net sales for the qtr increased to Rs 320.67cr
Orient Paper & Industries Limited’s (OPIL) Board met in New Delhi today and announced the following:Higher sales value and volumes …
Continue reading...M&M’s FES wins Golden Peacock National Quality Award
Mahindra and Mahindra Farm Equipment Sector (FES) has been awarded the prestigious “Golden Peacock National Quality Award – 2007″ for Excellence in Quality. In a glittering ceremony in New Delhi on January 13, 2008, Mr. Gautam Nagwekar, Chief Operating Officer, FES received …
Continue reading...SKNL sales for the quarter was Rs 453.07cr
S. Kumars Nationwide Ltd (SKNL), India’s leading multi-fibre, multi-segment diversified Textile Company, announces its results for the third quarter ended 31st December, 2007.S. Kumars Nationwide Limited announced its financial results for the quarter ended December 31, 2007 Sales for t…
Continue reading...Hikal net sales increase by 54%; PAT up by 64%
Hikal Ltd., the preferred long-term outsourcing partner for leading global Life Sciences companies, today announced its financial results for the third quarter ended 31st December 2007. The company posted net sales of Rs. 85.8 crore as compared to Rs. 55.6 crore; net profit of Rs. 14.8 cr…
Continue reading...Om Logistics raises Rs 120cr from Merrill Lynch
Om Logistics Limited has raised Rs 1.2 Billion from Merrill Lynch in debt and equity. Motilal Oswal Investment Advisors, the investment banking arm of Motilal Oswal Financial Services Limited have facilitated this fund raising programme of Om Logistics. A portion of the funds raised would…
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