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Infotech’s total income crosses Rs 500cr in first 9 mths

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

Infotech Enterprises Limited (BSE: INFOTECENT, NSE: INFOTECENT) has announced that its unaudited financial results for the quarter ended 31st Dec, 2007 were taken on record by the Board at its meeting held today. …

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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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Tata Motors inducts 80 youth as apprentices at Singur plant

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

Tata Motors today inducted a batch of 80 youth as apprentices at the Singur People’s Car plant, as per the MoU (Memorandum of Understanding) signed between Tata Motors, West Bengal’s Department of Technical Education & Training (DTET) and West Bengal Industrial Developmen…

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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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Apollo Tyres unveils winter tyres at Auto Expo 2008

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

Amidst all the action and excitement at Auto Expo 2008, Mr Onkar S Kanwar, Chairman and Managing Director, Apollo Tyres Ltd, today unveiled the company’s first winter tyres – Acelere Ice and Hawkz Ice – meant for passenger vehicles and 4x4s. …

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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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Fitch assigns F1(ind) rtg to STD prog of Unitech Machines

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

Fitch Ratings today assigned a National Short-term rating of ‘F1(ind)’ to the INR250 million short term debt/commercial paper programme of Unitech Machines Limited (UML).The rating assigned to UML reflects its stable revenues from the auto component division, as well as growth…

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Puravankara to launch Rs 1200cr prime project in Chennai

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

Puravankara Projects Limited, one of India’s leading Real estate developers are to launch its mega housing project `Purva Windermere’ at Pallikarnai, Lake District in Chennai with an estimated project cost of over Rs. 1,200 crores.The project Purva Windermere is surrounded by …

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Yes Bank to start asset management, retail broking

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

Yes Bank plans to venture into asset management and retail broking in 2008/09 to spread its service offerings and will raise up to $366 million to fund its expansion plans including new branches, a top official said. “Our focus right now is to be a strong domestic bank,” Rana …

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Tata Motors blitzkrieg of new products at Auto Expo

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

Tata Motors is showcasing a new range of 17 models in cars, utility vehicles, trucks and buses at the 5200-square metre Tata-Fiat pavilion, its largest ever presence at the Auto Expo, being held in New Delhi from January 11-17, 2008 . …

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