Tyre major CEAT Ltd., has appointed Mr. Sunil Sapre as Chief Financial Officer. Mr Sapre will be based in at the Ceat headquarters in Mumbai and will head the overall responsibility of Finance and Accounts at Ceat. Mr. Sapre’s appointment is in sync with the vision of Ceat to have …
Continue reading...SOM Distelleries & Breweries expands Draught Beer mkt
Draught Beer innumerable bubbles streaming up the amber – gold lager filled jar – dew drops trickling down the glass surface and the fragrance of fresh brew gently rising up! Uhmmm…there’s something about draught beer! And what the heck, who wants to know what thos…
Continue reading...Rathi Steel & Power to invest Rs 2000 cr
Rathi Steel And Power Ltd. (formerly Rathi Udyog Ltd.), flagship company of the Delhi-based P.C. Rathi group, has planned to enhance the steel capacity of its Orissa plant to 1.2 MTPA at a project outlay of approx. INR 2,000 crore. This is in line with the company’s ambition to retain …
Continue reading...Indoco Remedies Q1 net profit at Rs 24.6cr
Indoco Remedies Limited, a global pharmaceutical company registered a 11.5 % increase in net profit and a 9.1% increase in net sales for the first quarter ended June 2008. Net sales stood at 109.5 crore and net profit at 24.6 crore. The Board of Directors of Indoco Remedies Limited at the…
Continue reading...BoR gets approval for 1:5 bonus share & 5% dividend
The Bank of Rajasthan Ltd., one of the leading private sector tech savvy banks in the country, has received shareholders nod at the 65th Annual General Meeting held today at Udaipur for issue of bonus share in the ratio of 1:5(One share for every Five share held) and payment of dividend @…
Continue reading...Tata Motors total vehicle sales at 40,729 nos
Tata Motors reported a total sale of 40,729 vehicles (including exports) for the month of July 2008, a decline of 3% compared to 42,098 vehicles sold in July last year. Cumulative sales for the company at 1,72,462 nos., grew by 2%. Commercial Vehicles The company’s sales of commercia…
Continue reading...Everest Kanto Q1FY09 Net Profit up 57% at Rs 22.25cr
Everest Kanto Cylinder Ltd (EKC), leading player in high-pressure gas cylinder, has reported today a 57 per cent rise in consolidated net profit at Rs. 35.01 crore for the first quarter ended June 30, 2008 as compared to Rs. 22.25 crore in the corresponding quarter last year. Consolidat…
Continue reading...Suashish Diamonds Q1 sales up 26.48%
Suashish Diamonds Ltd, India’s leading diamond jewellery manufacturers and exporters, has posted substantial increase in the turnover for the first quarter ended 30th June 2008. Net Sales for Q1 was up 26.48% at Rs 230.91 crores from Rs 182.56 crores during the corresponding period …
Continue reading...ESS DEE Aluminium revenues up by 44.56% to Rs 10705.45 lacs
ESS DEE Aluminium Ltd, one of India’s largest providers of Pharma packaging solutions, today announced its results for the quarter ended 30th June, 2008. Financial performance update: Q1 FY2009 results compared with Q1 FY2008 results: v Revenues at Rs 10,705.45 Lacs compared to …
Continue reading...Shree Renuka Sugars announces Rs 560cr expansion plans
Shree Renuka Sugars Ltd. (SRSL) will set up a new 700,000 tons per annum sugar refinery at a cost of Rs.350 Crores in the Mundra SEZ in Gujarat. The plant is expected to be commissioned by March 2010. The new refinery will increase the company’s sugar refining capacity to 6000tpd, which…
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