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GVKPIL cons total income up at Rs 532.14cr, up by 26%

Posted on: Wednesday, April 23rd 2008 and is filed under Press Releases.

GVK Power & Infrastructure Limited (GVKPIL) today announced its audited consolidated financial results for the year ended March 31, 2008, after its financial results were taken on record and approved by the Board of Directors at its meeting held here, today. ...

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Jubilant Org Q4FY08 rev growth of 49% to Rs 6890mn

Posted on: Wednesday, April 23rd 2008 and is filed under Press Releases.

Reports Q4 and FY 2008 results Revenues for 4th quarter ended March 31, 2008 rose by 48.7% to Rs. 6,890 mn over Q4 FY 2007. The international revenue was also higher by 107.4% at Rs. 4,429 mn. Consolidated EBITDA in Q4 stood at Rs. 1,064 mn, however, the EBITDA before exchange loss and i...

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Reliance Power to purchase ships worth $1-bn

Posted on: Wednesday, April 23rd 2008 and is filed under Press Releases.

Anil Ambani group’s Reliance Power is looking to invest about one billion dollars (Rs 4,000 crore) towards purchase of large-size vessels for shipping coal from abroad to its Krishnapatnam and other projects. Reliance Power, which has bagged the country’s two ultra mega power...

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Ranbaxy, Orchid join hands

Posted on: Wednesday, April 23rd 2008 and is filed under Press Releases.

Two Indian pharma majors have entered into an agreement “to leverage the inherent strengths of each other”, it was announced on Tuesday. The Gurgaon-based Ranbaxy Laboratories and Chennai’s Orchid Chemicals and Pharmaceuticals are to establish a framework for enhanced c...

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Radha Madhav pharma packaging unit online

Posted on: Wednesday, April 23rd 2008 and is filed under Press Releases.

Daman-based Radha Madhav Corp Ltd (RMCL) Tuesday announced that its new high-end 22,000-tonne pharma packaging unit, set up at an investment of Rs.750 million ($18.75 million), has commenced partial production. The unit is expected to start full production by September this year, Chirag ...

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CMC net profit grows 33% in FY07-08 with strong cash flows

Posted on: Thursday, April 17th 2008 and is filed under Press Releases.

CMC Limited announced total consolidated revenues of Rs. 1076.64 crore for 2007-08 (a marginal decline of 0.8% primarily on account of 3.6% decline in low margin equipment revenue). Operating revenues for the year 2007-08 was Rs. 1064.74 crore, compared to Rs. 1079.81 crore earned in the ...

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Major strides by Steel Ministry PSUs on CSR

Posted on: Thursday, April 17th 2008 and is filed under Press Releases.

The renewed thrust given by the Ministry of Steel on Corporate Social Responsibility (CSR) by its PSUs since a year back was reviewed on 16th. April 2008 by Shri RS Pandey, Secretary (Steel), MoS in a meeting with the CMDs of all the 11 PSUs under the Ministry. The highlights of the CSR...

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SBI & Macquarie to sponsor US$2bn India Infrastructure Fund

Posted on: Thursday, April 17th 2008 and is filed under Press Releases.

State Bank of India (SBI) and Macquarie Capital Group Limited (Macquarie) announced today their intention to raise a new US$2 billion fund that will invest in direct infrastructure investment opportunities in India. A Memorandum of Understanding was today signed by SBI and Macquarie to m...

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Parsvnath ties up with 2 Saffron Grp funds

Posted on: Thursday, April 17th 2008 and is filed under Press Releases.

Parsvnath Developers Limited (PDL), one of India’s leading real estate company with a pan-India presence and a diversified portfolio has inked an agreement with two Saffron Group managed funds, Yatra Capital Limited and Saffron India Real Estate Fund I (SIREF I), for the development of ...

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BASF’s sales at Rs 10305.5mn, increase of 18%

Posted on: Thursday, April 17th 2008 and is filed under Press Releases.

The performance of BASF India Limited during the year ended 31st March 2008 registered an improvement over the previous year. Sales at Rs.10,305.5 million (Net of excise: Rs.9,072.0 million) during the year ended 31st March 2008 showed an increase of 18% compared to the previous year. P...

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