Leading Industrial and Automotive Battery company Amara Raja Batteries Limited (BSE Code: 500008 & NSE Code: (AMARAJABAT) has announced a significant growth with gross revenues for FY 2007-08 scaling to Rs.13500 million compared to Rs.7451 million recorded in the FY 2006-07. For the ...
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Amara Raja net revenue crosses Rs 10000mn
Posted on: Wednesday, June 25th 2008 and is filed under Press Releases.
GMR Infrastructure acquires 50% stake in InterGen N.V.
Posted on: Wednesday, June 25th 2008 and is filed under Press Releases.
GMR, a global infrastructure company with business presence in energy, airports, highways and urban infrastructure, today announced the signing of definitive documentation for the acquisition of 50% stake in InterGen N.V., a leading global power generation company. InterGen N.V. has power...
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Tech Mahindra signs deal with Telecom Fiji
Posted on: Wednesday, June 25th 2008 and is filed under Press Releases.
Tech Mahindra, country’s 6th largest software exporter, today announced a multi-million dollar deal with Telecom Fiji Limited (TFL), a fully owned subsidiary of the Amalgamated Telecom Holdings (ATH) Group of Companies. ATH is listed under the South Pacific Stock Exchange (SPSE). Under...
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Ranbaxy gets approval for Valganciclovir Hydrochloride tabs
Posted on: Wednesday, June 25th 2008 and is filed under Press Releases.
Ranbaxy Laboratories Limited (RLL), announced today that the company has received tentative approval from the U.S. Food and Drug Administration to manufacture and market Valganciclovir Hydrochloride Tablets, 450 mg. Total annual market sales for Valganciclovir HCl Tablets were $239 milli...
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Intraday calls for 25-06-08
Posted on: Wednesday, June 25th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likely to see a gap down opening. If markets show recovery later during the day buy HDIL and Atlas Copco (India) ...
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Tatas to acquire majority stake in Neotel
Posted on: Tuesday, June 24th 2008 and is filed under Press Releases.
Tata Communications has entered into an agreement with Eskom and Transnet (two South African state-owned enterprises) to acquire their 30% interest in Neotel, the second telecommunications network operator in South Africa. This agreement is subject to the fulfillment of certain condition...
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Jain Irrigation bags Rs 227.7mn export order
Posted on: Tuesday, June 24th 2008 and is filed under Press Releases.
Jain Irrigation the Rs.20 bn agri irrigation company has secured an export order for supply of PVC pipes and fittings as well as sprinkler system for irrigation use from Sugar Factory, Ethiopia. The order is part of the expansion program of a state owned sugar unit. The Letter of Credit...
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HDIL Group makes foray into Broadcasting
Posted on: Tuesday, June 24th 2008 and is filed under Press Releases.
HDIL is making foray into Broadcasting. HDIL Group through its various companies and individual members is acquiring 51% shareholding in Broadcast Initiative Limited (BIL), one of the leading National Hindi News Channel, 51% shareholding in Sri Adhikari Brothers Media Limited (SABML), o...
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PSL revenues improve 40% to Rs 2261cr for FY07-08
Posted on: Tuesday, June 24th 2008 and is filed under Press Releases.
PSL Limited (PSL), a global leader in manufacturing and coating of pipes for transporting hydrocarbon products, water products, and steel structural applications, and the largest manufacturer of high-grade large diameter Helical Submerged Arc Welded (HSAW) pipes in India, announced its au...
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MRT’s 2007-08 net profit up by 81.39%
Posted on: Tuesday, June 24th 2008 and is filed under Press Releases.
Ahmedabad based, Mahalaxmi Rubtech Limited (MRT) (BSE Code: 514450), active in the manufacture and export of fabrics, seals and rubber parts recorded impressive annual results. The company has reported a net profit at Rs 1.56 crore for the year ended 31st March 2008 as compared to Rs 0.86...
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