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Hexaware’s operating profit up 66.3% to Rs 199.6mn in Q108

Posted on: April 28th, 2008 and is filed under Press Releases.

Hexaware Technologies Ltd, a leading global provider of IT & BPO services and consulting, today reported financial results for the first quarter ended March 31, 2008. The Quarter was marked by substantial improvements in the financial performance despite the slowing US economy. The …

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IDBI 12M net up 15.73% to Rs 729cr

Posted on: April 28th, 2008 and is filed under Press Releases.

The Board of Directors of Industrial Development Bank of India Ltd. (IDBI) met in Mumbai today to consider the financial results for the quarter/year ended March 31, 2008. The results have been audited by the Statutory Auditors.Profitability: IDBI reported a net profit of Rs. 245 crore a…

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ICICI Bank’s PAT crosses US$ 1.0bn

Posted on: April 26th, 2008 and is filed under Press Releases.

The Board of Directors of ICICI Bank Limited (NYSE: IBN) at its meeting held at Mumbai today, approved the audited accounts of the Bank for the year ended March 31, 2008 (FY2008). Highlights • Profit after tax for the quarter ended March 31, 2008 (Q4-2008) increased 39% to Rs. 1,150 c…

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Sybase revenue up 13% and total revenue up 13%

Posted on: April 26th, 2008 and is filed under Press Releases.

Sybase, Inc. (NYSE: SY), the largest enterprise software and services company exclusively focused on managing and mobilizing information, today reported financial results for the first quarter ended March 31, 2008. Highlights: ♦ Total revenue of $260.1 million, up 13% year over year …

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Bayer sales up 2.4% to EUR 8,536 mn

Posted on: April 26th, 2008 and is filed under Press Releases.

The Bayer Group posted excellent results in the first quarter of 2008. “We carried over the previous year’s positive trend in both sales and earnings, and this strengthens our confidence for the year as a whole,” Bayer AG Management Board Chairman Werner Wenning explained on Thursda…

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Western Union reports revenue of $1.3bn, up 12%

Posted on: April 24th, 2008 and is filed under Press Releases.

The Western Union Company (NYSE: WU) today reported financial results for the first quarter. Highlights for the quarter include: — Revenue of $1.3 billion, up 12% …

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Biocon Group revenues Rs 1090cr, EBITDA Rs 335cr

Posted on: April 24th, 2008 and is filed under Press Releases.

Biocon Limited today announced its financial performance for the financial year ended March 31, 2008. PERFORMANCE HIGHLIGHTS: FY 2008 (April ‘07 – March ‘08) v/s FY 2006 (April ‘06 – March ‘07) …

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GVKPIL cons total income up at Rs 532.14cr, up by 26%

Posted on: April 23rd, 2008 and is filed under Press Releases.

GVK Power & Infrastructure Limited (GVKPIL) today announced its audited consolidated financial results for the year ended March 31, 2008, after its financial results were taken on record and approved by the Board of Directors at its meeting held here, today. …

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Reliance Power to purchase ships worth $1-bn

Posted on: April 23rd, 2008 and is filed under Press Releases.

Anil Ambani group’s Reliance Power is looking to invest about one billion dollars (Rs 4,000 crore) towards purchase of large-size vessels for shipping coal from abroad to its Krishnapatnam and other projects. Reliance Power, which has bagged the country’s two ultra mega power…

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Ranbaxy, Orchid join hands

Posted on: April 23rd, 2008 and is filed under Press Releases.

Two Indian pharma majors have entered into an agreement “to leverage the inherent strengths of each other”, it was announced on Tuesday. The Gurgaon-based Ranbaxy Laboratories and Chennai’s Orchid Chemicals and Pharmaceuticals are to establish a framework for enhanced c…

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