Axis Bank has announced its unaudited results for Q3 2007-08 and for the nine months ended December 2007, following the approval of its Board of Directors in a meeting held in Mumbai on 9th January, 2008. The Net Profit for the third quarter was Rs. 306.83 crores, up by 66.20% over the Ne…

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Investors in the public issue of Manaksia Limited were able to gain more than 50% on the vary first day of listing of the equity on the BSE here today. As against the issue price of Rs 160 per equity share of Rs 2 each, the script intra-day jumped to Rs 248.70 with a combined volume of ov…

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iGATE Global Solutions (iGATE), the integrated Technology and Operations (iTOPS) company today announced strong sequential revenue and profit growth for the third quarter (Q3) ended December 31, 2007.Revenue for the third quarter of FY08 was Rs. 209.3 crore compared to Rs 210.7 crore in t…

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The Controller of Patents pronounced its decision of dismissing the two oppositions against Bilcare’s (patent no 197823) on Metallized Packaging Films and uphold the validity of the said patent. The judgment was pronounced after multiple hearings from Mumbai Patent office and the Ass…

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Simplex Infrastructures Ltd., one of India’s leading infrastructure solutions providers, today, has announced bagging of order worth Rs. 481 crore for civil work for 1050 MW Maithon Thermal Power Project from the Joint Venture Company between Tata Power and DVC. The project is scheduled…

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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 2% private pl…

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IKF Technologies, IFCI, Reliance Natural Resources and Omnitech InfoSolutions follow. 1.93 crore shares were traded in Nagarjuna Fertilizers & Chemicals counter on BSE today. The scrip topped volumes on BSE. The share price rose 6.47% to Rs 28.80. Net profit of …

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      Yen Carry Trade, Rupee Appreciation, Crude Oil Price, Inflation, Leveraged          Positions, Negative Sentiments, Scams, and Possible Slowdown in Corporate Earnings Growth were some of the favorite fears and reasons when stock markets took a beating. This time i…

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