JSW Steel Limited posted a net profit of Rs.461 crores and Rs.1,728.19 crores for the Q4 2007-08 and financial year ended March 2008 respectively. The surging input costs squeezed the EBIDTA margins in Q4 by 11.6% and for the year ended March 2008 by 2.66%. The financial results for the…

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Mobile workers can now “talk” to their telephones while on the road. This means that they can keep their eyes on the road and stay safely connected to the office using speech commands with their own “personal assistant”, Avaya Inc. announced today. The speech interface is now inc…

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Rediffusion | DYR, one of the top ten communications agencies in India has announced the appointment of Neville Medhora as Business Head. He will be responsible for prestigious accounts like CNBC, Bank of India, Tata Motors, KAYA, and Franklin Templeton. Neville comes on board with over a…

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The Board of Directors of Mahindra & Mahindra Limited at its Meeting held on 3rd May, 2008 have approved raising additional resources through issuance of Unsecured Fully and Compulsorily Convertible Debentures to Golboot Holdings Limited, an entity controlled by Goldman Sachs, detail…

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Strides Arcolab Limited (“Strides’) today announced that it has signed definitive agreements with Genepharm Australasia Limited (“GAA”). * Strides will vend its Australian and Asian business in exchange for the issue of shares in Genepharm, subject to approval of Genepharm sh…

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Tricom India Ltd. (BSE Code: 531675 NSE: TRICOM,) a non-voice ITES service provider for global businesses has announced that its Board of Directors has approved acquisition of Godrej Global Solutions Ltd.(GGSL), a subsidiary of Godrej Industries Ltd. The acquisition will be completed in …

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MindTree Ltd., a global IT and R&D Services Company, today announced that it has signed a definitive agreement with the largest shareholder of Aztecsoft Ltd. to acquire 32.57% at Rs 80 per share, which values the company at an equity valuation of USD 90 Million. MindTree will also a…

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Hindalco Industries Ltd., the flagship company of the Aditya Birla Group, today announced its unaudited financial results for the quarter ended 31 March 2008 and FY08.The company intends to publish the audited results along with consolidated results including Novelis at a later date. It m…

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GAIL (India) Limited has once again received the National Award for Excellence in Cost Management from The Institute of Cost and Works Accountants of India (ICWAI). GAIL’s JLPL unit won the Second Award in public sector – Service category and Gandhar LPG unit won the Third Award i…

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Dhanus Technologies Limited (BSE Scrip code: 532903; NSE Scrip code DHANUS.NS), one of India’s fastest growing telecommunications companies, today announced the results for the 9 months period ending March 2008. The company has registered an impressive turnover of Rs. 51.71 crore for th…

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