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Almondz launches first-of-its-kind Compounding Growth PMS

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

Almondz Global Securities Ltd (AGSL), one of India’s leading financial services intermediaries, today launched a first-of-its-kind discretionary portfolio management service (PMS) – Compounding Growth Portfolio (CGP) – in association with the UK-based Commander Asset Managem…

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AGIL begins commercial production of wall tiles

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

Asian Granito (India) Limited, a modern vitrified manufacturing unit in Gujarat has begun commercial production of its Rs 48.7 crores wall tiles project, for which the company raised funds through an Initial Public Offer in July last year. The company has introduced biggest size of wal…

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RPL refinery achieves 82% overall progress in just 2 yrs

Posted on: January 16th, 2008 and is filed under Press Releases.

Reliance Petroleum Limited (“RPL”) has successfully completed the second year of implementation of its complex refinery, coming up in a Special Economic Zone at Jamnagar. RPL has achieved 82% overall progress in just 24 months since commencement of the Project. Based on the progress s…

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Mahindra & Mahindra win a slew of communication awards

Posted on: January 16th, 2008 and is filed under Press Releases.

Mahindra & Mahindra has been awarded 9 communication awards at the recently held Indy’s Awards for Excellence in Mass Communication, and the Association of Business Communicators of India awards. The Indy’s awards honour excellence in “mass communication”, including fields li…

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S E Investments sees 44% jump in total income,PAT up 21.10%

Posted on: January 16th, 2008 and is filed under Press Releases.

S.E. Investments Ltd, the only micro finance entity listed on the Bombay Stock Exchange has posted excellent profits for the Quarter ended December 2007. The Income from operations has increased 43.73 % to Rs. 22.57 crore for the nine months ended 31st December 2007 as against Rs. 15.68 …

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GAIL Board gives approval for Dabhol-Bangalore pipeline

Posted on: January 16th, 2008 and is filed under Press Releases.

The Board of Directors of GAIL (India) Limited today gave in-principle approval for laying of the Dabhol-Bangalore gas pipeline. At its Board and Strategy review meeting held in Bangalore today, the Company management gave the go ahead for further time bound action and finalization of the…

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YES BANK appoints Rita Soni as Country Head

Posted on: January 16th, 2008 and is filed under Press Releases.

Rita will be spearheading the pioneering business approach to Corporate Social Responsibility (CSR) and Sustainability. Her team will work across YES BANK divisions to incorporate and further integrate Responsible Banking. She will be reporting to Somak Ghosh, Group President – Corporat…

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Future Cap IPO oversubscribed 8.7 times on day 2

Posted on: January 16th, 2008 and is filed under Press Releases.

The initial public offer of Kishore Biyani-led Future Capital Holdings got subscribed 8.69 times till the second day of issue today.The public offer expects to raise up to Rs 490 crore. The proceeds would be deployed in the company’s consumer credit business — Future Money &#8…

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Apollo Tyres Q3 cons net profit up 165%, net sales up 14%

Posted on: January 16th, 2008 and is filed under Press Releases.

The Board of Directors of Apollo Tyres Ltd, today took on record the company’s unaudited results for the third quarter of the financial year 2007-08. The Board also approved investments of Rs 3.6 billion for various green and brown field projects to be implemented in India. …

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CRISIL grade 3/5 for Shriram EPC’s IPO

Posted on: January 15th, 2008 and is filed under Press Releases.

CRISIL has assigned a CRISIL IPO Grade ‘3/5’ (pronounced ‘three on five’) to the proposed Initial Public Offer of Shriram EPC Ltd. (SEPCL). This grade indicates that the fundamentals of the issue are average in relation to other listed equity securities in India.SE…

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