Revenues for 1st quarter ended June 30, 2008 rose by 53.1% to Rs. 826.6 crore over Q1 FY 2008. The international revenue was also higher by 74% at Rs. 484.6 crore on account of volume growth in the outsourcing related segments comprising CRAMS and DDDS. Revenue from North America and EU c…

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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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Patel Engineering Ltd., a civil-infrastructure construction company, has posted a 29.39 per cent jump in consolidated net profit at Rs 34.99 crore for the first quarter ended June 30, 2008 as compared to Rs 27.04 crore in the corresponding quarter previous year. Consolidated income from o…

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Kotak Securities today announced the launch of AutoInvest and its gold profile AutoInvest – Gold where you can invest in Gold ETFs too, the product is a first that allows investors to invest via SIP (Systematic investment Planning) in Gold ETFs along with the equity and mutual funds all…

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Radico Khaitan Ltd, one of India’s largest liquor company, launched its new ‘M2 – Magic Moments Vodka’. The Brand Ambassador is the bollywood style icon Mr. Hritik Roshan. Speaking on the occasion Hrithik Roshan said “I am happy to be here for two primary reasons. One, Magi…

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Fitch Ratings has today affirmed India-based Tata Chemicals Limited’s (TCL) Long-term foreign currency Issuer Default Rating (IDR) at ‘BBB-‘ (BBB minus) and removed it from Rating Watch Negative. A Negative Outlook is assigned. Fitch has also assigned TCL a National Long…

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Modern India Free Trade Warehousing Private Limited, a subsidiary of Modern India Ltd has identified land at Taluka Panvel and will be setting up a Free Trade Warehousing Zone (FTWZ). The Company has made an application to the Government of Maharashtra and necessary applications have also…

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Era Infra Engineering Ltd. through their construction & contracts division has bagged a prestigious contract from BHEL (Bharat Heavy Electricals Ltd). The contract value is Rs 95.56 crores excluding applicable taxes and steel. Steel shall be supplied free of cost by the BHEL. The sc…

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Axis Bank has announced its unaudited results for the first quarter of FY 2008-09, following the approval of its Board of Directors at a meeting held in Mumbai on 14th July 2008. The Net Profit of the Bank for the first quarter was Rs. 330.14 crores, a growth of 88.67% over the Net Profit…

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Siemens VAI MT, India (SVAI India) along with Siemens VAI, France has received an order to engineer, supply, erect and commission a color coating line and a hot-dip zincalume (metal coating) line from Tata BlueScope Steel Ltd. These two lines will be installed at its plant at Jamshedpur i…

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