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Manmohan dedicates Bina refinery to the nation
‘Adopt new technologies in search of hydrocarbons'
Crompton Greaves buys Swedish firm
NEW DELHI: Global electrical equipment maker Crompton Greaves (CG) has announced the acquisition of Sweden-based Emotron Group for 57.8 million euro (about Rs.370 crore). “With this acquisition, the company achieved its ambition of ...
ONGC's subsidy burden hiked
MRPL Q4 profit more than doubles
MANGALORE: Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary company of Oil and Natural Gas Corporation Limited (ONGC), recorded a profit after tax of Rs.553 crore in the fourth quarter of 2010-11, against Rs.253 crore in the ...
ITC posts 20 % rise in profit
Board recommends Rs.4.45 dividend
Tata Steel to shed 1,500 U.K. jobs
Vedanta to raise up to $1.5 b to part-fund Cairn deal
LONDON/NEW DELHI: Anil Agarwal promoted firm Vedanta Resources on Friday said it planned to raise up to $1.5 billion through private placement of bonds to part-finance its $9.4 billion acquisition of Cairn India. The company would also ...
LVB declares Rs. 2.50 dividend
KARUR: Lakshmi Vilas Bank has declared a dividend of Rs. 2.50 per share for the year ended March 31, 2011 against 60 paise in 2009-10. The net profit has risen to Rs. 104.14 crore from Rs. 30.67 crore. Total income has increased to Rs. ...
Huawei bags global LTE awards
NEW DELHI: Chinese telecom solutions provider Huawei has bagged two awards for its achievements in LTE commercialisation and product solutions at the LTE World Summit 2011. “Huawei has invested heavily in the development of the LTE ...
MARG revenue crosses Rs. 1,000 crore
CHENNAI: MARG , a leading diversified infrastructure development company, has crossed the Rs. 1,000 crore in respect of its standalone revenue in the year ended March 31, 2011 to reach Rs. 1,084 crore against Rs. 745 crore in the previous ...
Fortis Malar net rises
CHENNAI: Fortis Malar Hospitals has achieved a higher net profit of Rs. 5.40 crore for the year ended March 31, 2011, against Rs.3.50 crore in the corresponding period in the previous year. Total income has risen by 30 per cent to Rs. 83.20 ...
IRB Infra net profit at Rs. 452 crore
MUMBAI: IRB Infrastructure has achieved a net profit of Rs. 452.38 crore for the year ended March 31, 2011 against Rs. 385.41 crore in the previous year. Income from operations was higher at Rs. 2,438.11 crore against Rs. 1,704.85 crore. The ...
RCI affiliates two new resorts
COORG: RCI, the global leader in vacation exchange and one of the Wyndham worldwide family of brands has announced two new resort affiliations in highly sought-after hill destinations in India. The new resorts are the Krishna Mount View ...
UCO Bank launches SME Hub
CHENNAI: UCO Bank has announced the launch of its SME Hub in Chennai which was inaugurated by Arun Kaul, Chairman and Managing Director of the bank recently. Apart from catering to the credit requirements of the SME entrepreneurs, the hub ...
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