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Hikal net sales increase by 54%; PAT up by 64%

Posted on: January 18th, 2008 and is filed under Press Releases.

Hikal Ltd., the preferred long-term outsourcing partner for leading global Life Sciences companies, today announced its financial results for the third quarter ended 31st December 2007. The company posted net sales of Rs. 85.8 crore as compared to Rs. 55.6 crore; net profit of Rs. 14.8 cr…

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NIIT, ETS announce strategic alliance in India

Posted on: January 18th, 2008 and is filed under Press Releases.

Educational Testing Service (ETS), the world’s leading educational measurement and research organization, and NIIT, a leading Global Talent Development Corporation and Asia’s largest trainer have entered into a strategic alliance to offer ETS suite of products in India. The ne…

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EMCO registers 49% growth in Sales, 47% in EBITDA

Posted on: January 17th, 2008 and is filed under Press Releases.

Highlights: * Total sales for the quarter ended December 2007 stood at Rs. 243.36 Crores registering a growth of 49% over corresponding quarter of the previous year. …

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Mahindra Holidays signs for pre-IPO invt of US$ 10.06mn

Posted on: January 17th, 2008 and is filed under Press Releases.

Mahindra Holidays & Resorts India Limited (MHRIL or the “Company”), a leisure hospitality provider offering quality family holidays and a subsidiary of Mahindra Holdings and Finance Ltd (a wholly-owned subsidiary of Mahindra & Mahindra Limited), has finalised a 1% private pl…

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Modern India gets approval to develop land at Mahalaxmi

Posted on: January 17th, 2008 and is filed under Press Releases.

Modern India Ltd, the erstwhile Modern Mills Ltd of Mumbai has bounced back with a focus on real estate sector. The company has received state government approval to develop Mill land near Mahalaxmi station and at Elphinston road. Plans are being firmed up to develop about 6, 00,000 sq. f…

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Modern India records impressive 150% growth in income

Posted on: January 17th, 2008 and is filed under Press Releases.

Modern India Ltd., a conglomerate with a focus on real estate sector announced excellent results for the quarter ended December 31st, 2007. During the period, income from operations was Rs. 41.98 crores, a 150 % growth from Rs.16.82 crores for the same period last fiscal. The PAT of the c…

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TCS revenues cross $4 bn in 9 mths

Posted on: January 17th, 2008 and is filed under Press Releases.

Tata Consultancy Services (BSE: TCS.BO, NSE: TCS.NS) reported its consolidated financial results according to Indian GAAP for the quarter ended December 30, 2007.Highlights for Quarter Ended December 31, 2007 …

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25 new launches at Auto Expo will bring more biz:Mukand

Posted on: January 17th, 2008 and is filed under Press Releases.

Mukand Ltd. is a leading manufacturer of specialty steel long products in the country. 80% of the special and alloy steel produced by the company feeds into the automobile sector. Critical components such as engine components, power train, transmission components, suspension & steeri…

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Hindware forays in home interiors retail business

Posted on: January 17th, 2008 and is filed under Press Releases.

Hindustan Sanitaryware & Industries Limited (HSIL) has announced its ambitious plans to enter the organized retail sector with Home Interiors Specialty business. The company has incorporated Hindware Home Retail Private Ltd (HHRL) as a subsidiary of HSIL to spearhead the Group’s vi…

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Welspun Gujarat PAT growth by over 136% to Rs 974mn

Posted on: January 17th, 2008 and is filed under Press Releases.

For the quarter ending 31st Dec’ 07, Welspun Gujarat Stahl Rohren Limited (WGSRL), part of 1.5 bn Welspun Group, reported top-line of Rs.10,364 mn a growth of 39% as compared to Rs.7,451 mn for the quarter ending Dec’ 06. The sales profile for the last quarter was largely exports ac…

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