Larsen & Toubro Limited (L&T), India’s leading engineering, technology and Construction Company, has received a Letter of Intent (LOI) for Rs 1557 Crore for the Steam Turbine Generator package of 2 x 800 MW Sri Damodaram Sanjeevaiah Thermal Power Station at Krishnapatnam, And…

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SQL Star International Limited has announced its audited financial results for the year ended 31st March 2008. The performance for this financial year has been excellent, with sales revenues going by 52% this year and the Profit Before tax registering a record 49% increase. Commenting on…

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Cranes Software International Ltd. (Cranes),Company that provides Enterprise Statistical Analytics and Engineering Simulation Software Products and Solutions across the globe, today announced its audited financial results for the year ended March 31, 2008. Cranes Software Group performan…

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Unitech Limited, India’s leading Real Estate Company, today announced its audited consolidated financial results for the financial year ended 31st March 2008. Total income rose by 26% to Rs. 42,801 million, as against Rs. 33,881 million during the previous financial year. Profit after …

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GE Energy is supplying Cairn India with 32 of its J420 GS Jenbacher gas engines that will generate the electricity for India’s first cross country, heated crude oil pipeline, which is currently under construction. The project represents the largest single order of Jenbacher engines in …

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Parsvnath Developers Limited (PDL), India’s leading infrastructure developer has received Letter of Acceptance (LoA) from Buddha Smriti Udhyaan Development Company Limited (BSUDCL) to develop Buddha Smriti Udhyaan at Patna. The scope of work involves construction of Buddha Smriti Udhya…

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The Board of Directors of Pioneer Investcorp took on record the audited consolidated results for Financial Year 2007-2008, at a Board Meeting held in Mumbai today. Some Highlights: 1. The consolidated total income for the year ended March 2008, at Rs.9199.16 lacs, reflects a growth of…

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Axis Bank has invested Rs. 250 crores in Lavasa Corporation Limited (Lavasa), a subsidiary of HCC (Hindustan Construction Company Limited) in the form of Convertible Preference Shares and Convertible Debentures. Based on the above investment, the equity valuation of Lavasa works out to R…

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Global Vectra Helicorp Ltd. (GVHL) (BSE Code 532773; NSE Code GLOBALVECT), India’s leading provider of helicopter services to the country’s Oil and Gas sector, has posted an increase in Revenue for the year ended March 2008 at Rs. 179.54 Crores as compared to the corresponding previo…

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With its first acquisition in China, specialty chemicals company LANXESS AG is expanding the Asian business of its Inorganic Pigments business unit. In Jinshan near Shanghai LANXESS is to acquire two production units from its previous cooperation partner Jinzhuo Chemicals Company Ltd, one…

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