Supreme Infrastructure India Ltd (SIIL), an infrastructure development company engaged in civil construction activities, has bagged a building construction contract worth Rs 71.99 crores from Thane Municipal Corporation (TMC). This is in Joint Venture with M/s. Chawla Interbild. This work…
Continue reading...World of Titan expands its retail reach in the South
With a focus on expanding its retail reach across the country, Titan Industries today inaugurated its first exclusive World of Titan showroom in the city, the 224th showroom in the country located at Salai Road, Dindigul . This new World of Titan showroom also has an attached Service Bout…
Continue reading...GAIL to implement Integrity Pact in its major procurement
GAIL (India) Limited has embarked upon a course to implement the Integrity Pact in all its major procurement as a Corporate Governance initiative under the MoU signed with Transparency International India (TII). The Integrity Pact Programme focuses at enhancing operational transparency in…
Continue reading...Supreme Industries Q2 net sales at Rs 288cr
Supreme Industries Ltd, India’s leading processors of plastic, has reported a Net profit of Rs.13 crore for the quarter ended December 31, 2007, as compared to Rs. 9.57 crore for the corresponding quarter ended December 31, 2006.Net Sales for the quarter ended December 31, 2007 stood at…
Continue reading...Aditya Birla Nuvo to raise Rs 4000cr thr preferential offer
Aditya Birla Nuvo Ltd., a flagship Company of Aditya Birla Group, needs to augment funds to meet its investments / capital expenditure for its existing as well as new growth opportunities. To enhance its long term financial resources and thereby strengthening the financial structure, the …
Continue reading...Strides Arcolab stops mfg operations in New Jersey facility
Strides Arcolab Limited, one of the leading global manufacturers of pharmaceuticals, today announced that its loss making manufacturing operation for OTC & Nutraceuticals for Soft Gelatin products in the US (conducted through its subsidiary, Strides Inc.) has been shut down. The cha…
Continue reading...Ashok Leyland launches ALERT
Hinduja Group’s Indian flagship and commercial vehicles major Ashok Leyland has launched ‘ALERT’, a GPS-based bundle of Telematics services for the commercial vehicle sector. ALERT introduces the latest in Telematics technologies specially designed for Indian environmental condition…
Continue reading...Axis Bank’s net profit at Rs 306.83cr up by 66.20% YoY
Axis Bank has announced its unaudited results for Q3 2007-08 and for the nine months ended December 2007, following the approval of its Board of Directors in a meeting held in Mumbai on 9th January, 2008. The Net Profit for the third quarter was Rs. 306.83 crores, up by 66.20% over the Ne…
Continue reading...Manaksia investors gain over 50% on day 1
Investors in the public issue of Manaksia Limited were able to gain more than 50% on the vary first day of listing of the equity on the BSE here today. As against the issue price of Rs 160 per equity share of Rs 2 each, the script intra-day jumped to Rs 248.70 with a combined volume of ov…
Continue reading...Investment by FIIs under PIS: Gujarat NRE Coke
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s Gujarat NRE Coke Limited, through primary markets and stock exchanges in India. The purchases …
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