India Infoline has been awarded the ‘Best Broker in India’ by Finance Asia. This was a result of FinanceAsia’s annual look at the best financial services firms in each country around Asia for the period from June 2007 to May 2008. India Infoline is a pioneer in online stock broking…

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Tulip Telecom Limited, the leading enterprise communications service provider, ended the financial year 2007 – 2008 on 31st March 2008, showcasing a net profit of Rs. ­187.1 Crores against Rs. 99.71 Crores in the previous fiscal, registering an increase of 88%. The company’s net…

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Birla Cotsyn (India) Limited, a company of the Yash Birla Group, engaged in textile manufacturing is now setting up an integrated textile unit estimated at a cost of Rs. 320 crore at its facilities in Khamgaon, Ghatanji & Malkapur . This project has been appraised by SBI Capital Mar…

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Lodha Group, a leading Mumbai based real estate player announced today that it has awarded a long term IT transformation contract to Wipro Infotech, the India, Middle East and Asia Pacific IT Business of Wipro Ltd and a leading provider of IT and business transformation services. The ten …

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Leading Industrial and Automotive Battery company Amara Raja Batteries Limited (BSE Code: 500008 & NSE Code: (AMARAJABAT) has announced a significant growth with gross revenues for FY 2007-08 scaling to Rs.13500 million compared to Rs.7451 million recorded in the FY 2006-07. For the …

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HDIL is making foray into Broadcasting. HDIL Group through its various companies and individual members is acquiring 51% shareholding in Broadcast Initiative Limited (BIL), one of the leading National Hindi News Channel, 51% shareholding in Sri Adhikari Brothers Media Limited (SABML), o…

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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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Religare Finvest Limited today, issued Compulsorily Convertible Debentures (CCD’s) for Rs. 100 Crores to Standard Chartered Bank, Mauritius. These CCD’s would convert into equity of Religare Finvest Limited to the extent of 40% at the end of 13 months and balance at the end of 25 mont…

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The Tata Power Company Limited, India’s largest integrated private power company, today announced its Annual Results for the financial year ended 31st March 2008. FINANCIAL HIGHLIGHTS- FY08: For the Financial Year Ended 31st March 2008, Tata Power reported revenues at Rs.5915.91 Crore…

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JK Tyre & Industries Ltd., has acquired 100% shares of Tornel, the Mexican Tyre company, along with its subsidiaries, for Rs. 2700 million. The acquisition has been made through Special Purpose Vehicle (SPV) route, which has been financed through a combination of equity and debt. The…

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