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Posted on: January 16th, 2008 and is filed under Press Releases.

Apollo Tyres unveils winter tyres at Auto Expo 2008

Amidst all the action and excitement at Auto Expo 2008, Mr Onkar S Kanwar, Chairman and Managing Director, Apollo Tyres Ltd, today unveiled the company’s first winter tyres – Acelere Ice and Hawkz Ice – meant for passenger vehicles and 4x4s. …

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Posted on: January 16th, 2008 and is filed under Press Releases.

PTL Enterprises net profit zooms

The Board of Directors of PTL Enterprises, today took on record the company’s unaudited results for Third Quarter of 2007-8 and gave approval for a Rs 40 crore green field project in Kerala.For the third quarter of the year, PTL Enterprises recorded a total income of Rs 6.71 crores …

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Posted on: January 16th, 2008 and is filed under Press Releases.

S E Investments sees 44% jump in total income,PAT up 21.10%

S.E. Investments Ltd, the only micro finance entity listed on the Bombay Stock Exchange has posted excellent profits for the Quarter ended December 2007. The Income from operations has increased 43.73 % to Rs. 22.57 crore for the nine months ended 31st December 2007 as against Rs. 15.68 …

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Posted on: January 16th, 2008 and is filed under Press Releases.

GAIL Board gives approval for Dabhol-Bangalore pipeline

The Board of Directors of GAIL (India) Limited today gave in-principle approval for laying of the Dabhol-Bangalore gas pipeline. At its Board and Strategy review meeting held in Bangalore today, the Company management gave the go ahead for further time bound action and finalization of the…

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Posted on: January 16th, 2008 and is filed under Press Releases.

Fitch assigns F1(ind) rtg to STD prog of Unitech Machines

Fitch Ratings today assigned a National Short-term rating of ‘F1(ind)’ to the INR250 million short term debt/commercial paper programme of Unitech Machines Limited (UML).The rating assigned to UML reflects its stable revenues from the auto component division, as well as growth…

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Posted on: January 16th, 2008 and is filed under Press Releases.

YES BANK appoints Rita Soni as Country Head

Rita will be spearheading the pioneering business approach to Corporate Social Responsibility (CSR) and Sustainability. Her team will work across YES BANK divisions to incorporate and further integrate Responsible Banking. She will be reporting to Somak Ghosh, Group President – Corporat…

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Posted on: January 16th, 2008 and is filed under Press Releases.

Future Cap IPO oversubscribed 8.7 times on day 2

The initial public offer of Kishore Biyani-led Future Capital Holdings got subscribed 8.69 times till the second day of issue today.The public offer expects to raise up to Rs 490 crore. The proceeds would be deployed in the company’s consumer credit business — Future Money &#8…

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Posted on: January 16th, 2008 and is filed under Press Releases.

RIL’s Jamnagar Refinery wins Golden Peacock Training Award

Reliance Industries Limited’s (RIL) Jamnagar Refinery has been adjudged as the winner of the “Golden Peacock National Training Award -2007.” The award recognizes excellence in training practices and relates effective training with improved business and individual performance…

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Posted on: January 16th, 2008 and is filed under Press Releases.

Apollo Tyres Q3 cons net profit up 165%, net sales up 14%

The Board of Directors of Apollo Tyres Ltd, today took on record the company’s unaudited results for the third quarter of the financial year 2007-08. The Board also approved investments of Rs 3.6 billion for various green and brown field projects to be implemented in India. …

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Posted on: January 16th, 2008 and is filed under Press Releases.

Blue Star bags Rs 38cr order for airconditioning

Blue Star has bagged a Rs 38 crore order for airconditioning India’s first indigenously designed Fast Breeder Reactor from Nuclear Power Corporation of India Limited (NPCIL) for the Kalpakkam project. …

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