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JK Paper posts net profit at Rs 34.71cr

Posted on: Thursday, June 26th 2008 and is filed under Press Releases.

The Board of JK Paper Limited, which met on 26th June, 2008 to consider the audited accounts for the 9 months ending 31st March, 2008, recommended a dividend of 15% (annualised 20%) on its equity capital. Gross Sales for the 9 months ending 31st March, 2008 was Rs.749 crore, an increase ...

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Global Vectra post gross revenue to Rs 179.54cr,up by 20%

Posted on: Thursday, June 26th 2008 and is filed under Press Releases.

Global Vectra Helicorp Ltd. (GVHL) (BSE Code 532773; NSE Code GLOBALVECT), India’s leading provider of helicopter services to the country’s Oil and Gas sector, has posted an increase in Revenue for the year ended March 2008 at Rs. 179.54 Crores as compared to the corresponding previo...

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LANXESS makes 1st acquisition in China

Posted on: Thursday, June 26th 2008 and is filed under Press Releases.

With its first acquisition in China, specialty chemicals company LANXESS AG is expanding the Asian business of its Inorganic Pigments business unit. In Jinshan near Shanghai LANXESS is to acquire two production units from its previous cooperation partner Jinzhuo Chemicals Company Ltd, one...

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India Infoline wins ‘Best Broker’ in India by FinanceAsia

Posted on: Thursday, June 26th 2008 and is filed under Press Releases.

India Infoline has been awarded the ‘Best Broker in India’ by Finance Asia. This was a result of FinanceAsia’s annual look at the best financial services firms in each country around Asia for the period from June 2007 to May 2008. India Infoline is a pioneer in online stock broking...

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Tulip Telecom reports net profit of ­­­Rs 187.1cr, up 88%

Posted on: Thursday, June 26th 2008 and is filed under Press Releases.

Tulip Telecom Limited, the leading enterprise communications service provider, ended the financial year 2007 – 2008 on 31st March 2008, showcasing a net profit of Rs. ­187.1 Crores against Rs. 99.71 Crores in the previous fiscal, registering an increase of 88%. The company’s net...

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ESPLL’s total income up by 33% to Rs 2237.13cr

Posted on: Thursday, June 26th 2008 and is filed under Press Releases.

Essar Shipping Ports & Logistics Limited has announced a 33% rise in its total income for the financial year 2007-08 as compared to the previous financial year. The company has recorded a Total Income of Rs 2,237.13 crores (USD 557.75 million) during 2007-08 as compared to Rs 1,676.1...

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Intraday calls for 26-06-08

Buy Axis Bank at 686, target: 700. Stoploss: 682 Buy Praj Industries at 178, target: 183. Stoploss: 176 ...

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Birla Cotsyn plans Rs 320cr textile project

Posted on: Wednesday, June 25th 2008 and is filed under Press Releases.

Birla Cotsyn (India) Limited, a company of the Yash Birla Group, engaged in textile manufacturing is now setting up an integrated textile unit estimated at a cost of Rs. 320 crore at its facilities in Khamgaon, Ghatanji & Malkapur . This project has been appraised by SBI Capital Mar...

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Lodha Group selects Wipro as its strategic IT partner

Posted on: Wednesday, June 25th 2008 and is filed under Press Releases.

Lodha Group, a leading Mumbai based real estate player announced today that it has awarded a long term IT transformation contract to Wipro Infotech, the India, Middle East and Asia Pacific IT Business of Wipro Ltd and a leading provider of IT and business transformation services. The ten ...

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StanChart Bank announces 25% rise in profit for 07-08

Posted on: Wednesday, June 25th 2008 and is filed under Press Releases.

Standard Chartered Bank, India’s largest international bank, today announced a profit after tax of INR 1,706 crore for 2007-08 (April-March), up a strong 25 percent from a year earlier. Standard Chartered Bank’s balance sheet expanded by 25 percent to INR 73,445 crore over the year o...

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