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Yara to sign JV with Deepak Fertilisers & Petrochemicals

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

Yara International ASA and Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) have announced that they had signed a Heads of Agreement with the intention of establishing a joint venture company (JV) to produce and market ammonium nitrate and speciality fertilisers in India. ...

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SBS to open new BPO facility in Madurai

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

Chennai headquartered SBS (Sundaram Business Services), the BPO arm of leading financial services company, Sundaram Finance, has announced its first expansion into a Tier 2 city with the setting up of a BPO facility in Madurai. SBS’s new 12000 sq. ft BPO delivery facility will co...

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GNFC reports Q3 net profit of Rs 123.76cr

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

GNFC Reports Q-3 Net Profit of Rs. 123.76 crore, and Nine Months’ Net Profit of Rs. 320.13 crore which are highest ever profits in the history of the Company The fertilizers and chemicals major GUJARAT NARMADA VALLEY FERTILIZERS CO. LTD. has posted impressive, ever highest result...

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Firstsource reports total income up by 71.6% to Rs 3825 mn

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

Firstsource Solutions Limited (NSE:FSL, BSE:532809), among India’s leading pure-play BPO companies reported its results for the quarter ended December 2007 according to Indian GAAP. Highlights of Quarter ended December 2007 v Total income of Rs. 3825 million for the quarter e...

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Infinite India invests Rs 6000mn in Maytas upcoming project

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

Maytas Properties Limited today announced that Infinite India Investment Management, one of the country’s largest real estate focused investment firms has invested Rs. 6,000 million (USD 150 million) in some of Maytas Properties’ upcoming projects. A part of these funds will b...

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Assam Co puts Amguri 10B & Amguri 11 wells on production

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

Assam Company today announced that the company has placed the Amguri 10B and Amguri 11 wells on production. Gross production from the Amguri field is now able to average approximately 870 bbl/d of condensate and 7 million cu. ft. per day of natural gas or 2,040 barrels of oil equivalen...

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Indoco Remedies net profit up by 23% to Rs 11.85cr

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

For the second quarter ended 31st December, 2007, Indoco Remedies Turnover increased by 15.91% to Rs.94.93 crores (Rs.81.90 crores) while Net Profit increased by 23% to Rs.11.85 crores (Rs.9.63 crores). The Company’s plant at Baddi is operating at optimum capacity thereby reducin...

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IRB Infra price fixed at Rs 185

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

IRB Infrastructure Developers Limited, whose IPO has evoked an enthusiastic response in an otherwise bumpy primary market, has fixed the Issue Price at Rs 185 per equity share. Drawing a good response from even the retail investors, the company’s IPO was subscribed over 4.3 times. ...

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NTPC wins Mother Teresa award

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

NTPC Limited, India’s premier power generation corporation, received the Mother Teresa Award for the year 2006 for their laudable work to the society and the community they operate in. This award was given away by Bharat Ratna Dr APJ Abdul Kalam at a function held at the Loyola I...

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Global Vectra Helicorp 9 mths revenue of Rs 132cr

Posted on: Thursday, February 7th 2008 and is filed under Press Releases.

Global Vectra Helicorp Ltd, India’s largest dedicated offshore air logistics helicopter company, today announced results for the quarter and nine months ended December 31, 2007. Financial Highlights – Quarter ended December 31, 2007 · Revenue of Rs. 41.76 cr. It was impacted...

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