Archive for January, 2010

OIL India Quarterly results Jan 2010

Punj Lloyd wins Rs 1000 crore order

Punj Lloyd wins Rs 1000 crore order.
Company won this road contract from GMR

Tata Steel Nippon Steel Corp JV

Tata Steel Nippon Steel Corp JV
JV Info Tata Steel
Tata Steel’s board on Thursday approved a framework for a Joint Venture between Tata Steel Limited (TSL) and Nippon Steel
Corporation (NSC) for the production and sales of automotive cold-rolled flat products at Jamshedpur, Jharkhand, a company statement said in Mumbai.
TSL will hold 51 per cent [...]

Apple iPad – Tablet PC India

Apple has just unveiled its new product Apple iPad.
Reviews , Price , Spec , availability etc
Features and Specs:

Size and weight
Height:
9.56 inches (242.8 mm)
Width:
7.47 inches (189.7 mm)
Depth:
0.5 inch (13.4 mm)
Weight:
1.5 pounds (.68 kg) Wi-Fi model;
1.6 pounds (.73 kg) Wi-Fi
Display
9.7-inch (diagonal) LED-backlit glossy widescreen Multi-Touch display with IPS technology
1024-by-768-pixel resolution at 132 pixels per inch [...]

Lanco Infratech gets 5600 crores order

Lanco Infratech gets 5600 crores order
News from Source
Lanco Infratech Ltd has announced that the Company was awarded Contracts totalling value of Rs 5,675 Crores (Rupees Five Thousand Six Hundred and Seventy Six Crores).
The company has secured one Contract for Offshore Supplies equivalent to Rs. 2,160.00 Crores and the Second for Civil Works of Rs. 1,021.68 [...]

Hindustan Copper IPO

Hindustan Copper is planning to launch an IPO.
Funds to be raised as high as Rs. 4000 crores.Its a season of Mega IPOs . Already many PSUs have lined up issues.
Moneycontrol transcript with MD of Hindusthan Copper.
Shakeel Ahmed, CMD, Hindustan Copper said, “The Minister for Mines has approved our proposal of 20% divestment out of which [...]

Syncom Healthcare IPO

Syncom Healthcare IPO Details
Syncom Healthcare Ltd is coming out with an Initial Public Offering (IPO) of 75,00,000 equity shares of Rs 10 each for cash at a price band of Rs. 65 to Rs. 75 through 100% book building process. The IPO opens for subscription by investors on January 27, 2010.
Chartered Capital And Investment Ltd [...]

Vascon Engineers IPO

Vascon Engineers IPO opening tomorrow.
The Initial Public Offering (IPO) of Vascon Engineers Ltd., an engineering, procurement and construction (EPC) services and real estate development company, will enter the capital market on Wednesday – January 27, 2010 with an issue of 10,800,000 equity shares of Rs 10 each for cash at a price band of Rs [...]

Aqua Logistics IPO

Aqua Logistics IPO next.
Aqua Logistics IPO details
The Initial Public Offering (IPO) of Aqua Logistics Ltd will hit markets today – January 25, 2010 (Monday). The company is coming out with IPO of equity shares of Rs 10 each for cash at a price band of Rs 220 to Rs 230 through 100% book building process. [...]

LIC increases stake in ONGC to 5%

LIC increases stake in ONGC to 5%

United Spirits now 2nd largest Spirit Company

Aegis Global IPO – BPO Essar Group

Aegis Global , BPO company run by Essar Group plans to raise funds by IPO.
Company may start IPO process late year end. Last IPO by the company was for ESSAR OIL back in 1995. ESSAR group had delisted ESSAR Steel some years back.
Aegis plans to raise RS. 700 Crores by issuing new shares and diluting [...]

Avatar crosses Rs.100 crores in India

Avatar movie has crossed Rs.100 crores collection in India.
This is the second highest grossed among movies in India. The first being 3 idiots .

Essar Exploration and Production – coal bed methane gas

Essar oil starts coal bed methane gas exploration in ranigunj WB. Company has started works much before reliance natural resources ltd.
Essar Exploration and Production Ltd, an arm of Essar Oil, will invest $400 million (Rs 2,000 crore) in its coal bed methane gas Ranigunj in West Bengal by 2012, a top company official said here [...]

L&T – SapuraCrest Petroleum JV for Oil Rigs

L&T forms a Joint venture with Malaysia-based SapuraCrest Petroleum
Source: Economictimes
Engineering and construction major Larsen and Toubro Ltd on Friday formed a Joint Venture with Malaysia-based SapuraCrest Petroleum to install pipelines and construct offshore rigs and platforms in India, the Middle East and South East Asia.
L&T chairman and managing director AM Naik told reporters in [...]