At the 9th Auto Expo 2008, companies representing the auto components and ancillary sector are optimistic in achieving a 15-20 percent growth year-on-year, in the next five years due to the current buoyancy in the Indian automotive sector as well as major investment and expansion plans o…

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Modern India Ltd., a conglomerate with a focus on real estate sector announced excellent results for the quarter ended December 31st, 2007. During the period, income from operations was Rs. 41.98 crores, a 150 % growth from Rs.16.82 crores for the same period last fiscal. The PAT of the c…

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Industrial Development Bank of India Limited (IDBI), one of India’s leading public sector banks, has bagged two special awards, for “Best Payments Initiative” and “Outstanding Achiever of the Year” – Shri Sanjay Sharma, Advisor-IT for the year 2007 from…

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The Reserve Bank of India has notified on January 15, 2008 that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of the following companies through primary market and stock exchanges .. …

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Mahindra & Mahindra has been awarded 9 communication awards at the recently held Indy’s Awards for Excellence in Mass Communication, and the Association of Business Communicators of India awards. The Indy’s awards honour excellence in “mass communication”, including fields li…

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Cords Cable Industries Limited, a leading ISO 9001-2000 certified specialised cable manufacturer for variety of industries, will enter the capital market with an Initial Public Offering (“IPO”) of 30,85,000 equity shares of Rs 10 each for cash at a price to be decided through a 100% b…

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CRISIL’s mutual fund indices ended December 2007 on a positive note for the fourth month in a row. The equity category, represented by CRISIL Fund~eX, posted gains of 9.44 per cent, beating the S&P CNX Nifty, which closed at gains of 6.52 per cent. CRISIL Fund~bX, the index for…

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With a focus on expanding its retail reach across the country, Titan Industries today inaugurated its first exclusive World of Titan showroom in the city, the 224th showroom in the country located at Salai Road, Dindigul . This new World of Titan showroom also has an attached Service Bout…

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The Controller of Patents pronounced its decision of dismissing the two oppositions against Bilcare’s (patent no 197823) on Metallized Packaging Films and uphold the validity of the said patent. The judgment was pronounced after multiple hearings from Mumbai Patent office and the Ass…

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Adhunik Metaliks Ltd, a leading supplier of special and alloy steels, has obtained the approvals of RDSO for the supply of steel products to primary manufacturers supplying components to the Railways as well as various railway units.These approvals are for supply of steel products conform…

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