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Posted on: January 11th, 2008 and is filed under Press Releases.

Motilal Oswal Fin announces Q3FY08 net profit at Rs 54cr

Motilal Oswal Financial Services (MOFSL) announced its un-audited results for Q3 FY 2008 and for the nine months ended December 2007, following its approval by the Board of Directors in a meeting held in Mumbai on January 10, 2008.MOFSL recently got listed on Indian stock exchanges follow…

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Posted on: January 11th, 2008 and is filed under Press Releases.

CRISIL reaffirms AAAf rtg of LI Liquid, Liquid Plus Fund

CRISIL has reaffirmed the AAAf rating to Lotus India Liquid Fund and Lotus India Liquid Plus Fund, which indicates that the fund’s portfolio holdings provides ‘very strong’ protection against losses from credit defaults.Lotus India Liquid Fund and Lotus India Liquid Plus Fund are ma…

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Posted on: January 11th, 2008 and is filed under Press Releases.

Mahindra Renault unveils new Logan variants at Auto Expo

Mahindra Renault, a 51:49 joint venture between Mahindra & Mahindra Ltd. and Renault SA, today unveiled new variants of its highly successful passenger car, the Logan, at the ninth Auto Expo in New Delhi. On display were the Logan Emerald (LPG Car-Eco Concept), the Fully Loaded Logan…

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Posted on: January 11th, 2008 and is filed under Press Releases.

Positive momentum in mutual funds continues: CRISIL

CRISIL’s mutual fund indices ended December 2007 on a positive note for the fourth month in a row. The equity category, represented by CRISIL Fund~eX, posted gains of 9.44 per cent, beating the S&P CNX Nifty, which closed at gains of 6.52 per cent. CRISIL Fund~bX, the index for…

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Posted on: January 11th, 2008 and is filed under Press Releases.

Jindal Saw bags orders for approx. US$ 250mn

Jindal SAW Limited recently has received various orders aggregating to approx. US $250 Million for supply of spiral pipes/Longitudinal Submerged Arc Welded (LSAW) pipes and seamless pipes. Jindal SAW has, inter-alia, has received the prestigious order for (a) app. US $80 million from Sau…

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Posted on: January 11th, 2008 and is filed under Press Releases.

Bajaj Auto to launch KTM Bikes in 2008

Bajaj today presented a range of KTM bikes at its stall in the Auto-Expo 2008 some of which will be progressively introduced in the Indian Market. These models will be retailed through Bajaj’s Probiking showrooms in key markets across the country.The vehicles that are being considered f…

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Posted on: January 11th, 2008 and is filed under Press Releases.

DRS Group awarded Best Transport of the Year 2007 by AITA

DRS Group, a leading Hyderabad based Logistic company was awarded the “Best Transport of the Year, 2007” by the All India Transport Welfare Association (AITWA) for the contribution in fast growing & innovative services provided by the company in transport and logistic sector. Mr …

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Posted on: January 11th, 2008 and is filed under Press Releases.

Bharati Shipyard to build Green Field Shipyard in Dabhol

Bharati Shipyard Limited, one of the leading Private Sector Shipyard, today announced its plan to construct a Green Field modern shipyard at Usgaon near the Dabhol port in Ratnagiri district. The yard would have the capacity to build vessels upto 100,000 DWT and will be fully operational…

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Posted on: January 11th, 2008 and is filed under Press Releases.

India Infoline adopts MAIA Intelligence 1KEY BI

MAIA Intelligence, a leading provider of powerful business intelligence software for reporting and analysis that meet the needs of corporate users, application service providers and value-added resellers, today announced that India Infoline, one of India’s most respected financial servi…

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Posted on: January 11th, 2008 and is filed under Press Releases.

Surana Industries signs JV with Agate Group

Surana Industries limited, a part of the Rs 2,500 Surana Group has entered into a joint venture with Agate Group (MALAYSIA) for commencement of Coal Exploitation in Indonesia. Agate is engaged in the business of finance, foreign trade, mining industry, duty free retailing, consulting an…

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