Gujarat Mineral Development Corporation Ltd (GMDC) has announced the following unaudited results for the quarter ended September 30, 2007:
The company has posted a net profit after tax of Rs 41.76 crore for the quarter ended September 30, 2007 as compared to Rs 15.46 crore for the quarter ended September 30, 2006. Total Income has increased […]
BHEL Q2 net up 91% at Rs 687.66 cr
Bharat Heavy Electricals Ltd (BHEL) has announced the following unaudited results for the quarter ended September 30, 2007:
The company has posted a net profit of Rs 687.66 crore for the quarter ended September 30, 2007 as compared to Rs 360 crore for the quarter ended September 30, […]
Barak Valley Cements (BVCL), a cement manufacturer, received 116% subscription for its initial public offer (IPO) within first 5 hours after opening. The IPO received 6,555,300 bids as against issue size of 5.66 million shares. A total of 92,100 bids were received at the cut off price.
Issue opened today and will close on Nov. 1, […]
Religare IPO oversubscribed 5.95 times
Religare Enterprises (REL), a financial services company, received overwhelming response to its initial public offer (IPO) on the very first day. The IPO oversubscribed 5.95 times, led by qualified institutional investors
Religare Enterprises (REL) IPO, a financial services company, received 3.42 times oversubscription for its initial public offer (IPO) within first 5 […]
A second facility will impact the viability of Delhi.
Responding to a cabinet proposal to build a new airport in Jewar, Noida, Delhi International Airport Ltd (DIAL), the joint venture that operates Delhi airport, has told the ministry of civil aviation that the expanded capacity of the modernised airport will take care of the entire traffic […]
Mumbai-based pure-play business process outsourcing (BPO) company Firstsource Solutions reported a 143% rise in net profit at Rs 45.6 crore for the quarter ended September 30, 2007 when compared with Rs 18.7 crore in the corresponding quarter of the last financial year.
Revenue for the quarter was Rs 296.5 crore, up nearly 62% from Rs 183.2 […]
Jet Airways, India’s largest private carrier, has posted a net profit of Rs 28.36 crore for the second quarter ended September 30, 2007 when compared with a net loss of Rs 55.13 crore in Q2FY07.
Total income increased 26% to Rs 2,254.17 crore for the quarter ended September 30, 2007 from Rs 1,787.33 crore in the […]
The Sensex opened with a positive gap of 378 points at 19,621, and then there was no looking back. Sustained buying across-the-board, saw the index zoom past the 20,000-mark in late noon deals.
The index touched a fresh all-time intra-day high of 20,025. The Sensex finally ended (provisional) with a gain of 709 at 19,952.
ADAG floats cement arm to set up 4 plants
The Anil Dhirubhai Ambani Group (ADAG) has stepped into the cement business in a big way by incorporating a new arm, Reliance Cement, to set up four cement plants of 5 million tonnes capacity each with a total investment of Rs 10,000 crore.
Madhya Pradesh has been strategically […]
Titan Industries is planning to move up its retail outlets to 260 by the end of this fiscal.
The company currently has 225 retail outlets.
Last year, the company sold over 8 million watches.
The target for financial year 2008 is to sell over 10 million watches and over the next three years, around 16-18 million watches
