Reports says Kaveri seeds to foray into cold storage, green house technology business

Hyderabad: Kaveri Seeds Ltd, Hyderabad based seed manufacturer planning to enter in to cold storage business by setting up a separate entity, according to recent media reports quoting G.V. Bhasker Rao, Managing Director of the company.
The company plans to invest up to Rs. 100 Cr on cold storage business by setting up 10 cold storage [...]

Results Review First Cut on Infosys Technologies Q3 results by Religare Hichens Harrison

 Hyderabad: Market research and brokerage firm Religare Hichens Harrison has issued a first cut note on Infosys Technologies Ltd’s Oct-Dec quarter resulrts for the financial year 2009-10. The Religare Hichens Harrison has rated the stock with BUY, with a target price of Rs.3,080 against the current market price of Rs.2,490. Here is the first cut [...]

Infosys Technologies Business Outlook for FY10, q3 Results update

Business outlook announced by Infosys for 2009-10 full year end March.:
The company’s outlook (consolidated) for the quarter ending March 31, 2010 and for the fiscal year ending March 31, 2010, under Indian GAAP and International Financial Reporting Standards (IFRS) is as follows:
Outlook under Indian GAAP – consolidated*
Quarter ending March 31, 2010
• Income is expected to [...]

Infosys Technologies Results for the Quarter Ended December 31, 2009 Third Quarter Q3 results

Hyderabad: Technology major Infosys Technologies Ltd today announced its third quarter results (Oct-Dec) for the financial year 2009-10. Highlights of the results:
Q3 revenues sequentially grew by 2.8%
Consolidated results for the quarter ended December 31, 2009
• Income was Rs. 5,741 crore for the quarter ended December 31, 2009; QoQ growth was 2.8%; YoY decline was 0.8%
• [...]

ICICI Bank to fund up to 85 per cent to buy Harley-Davidson bikes

Hyderabad, January 7: Harley-Davidson India and ICICI Bank have signed a pact to extend banking and financial services to Harley-Davidson India for the operations of its business in India. This memorandum was signed by Anoop Prakash, Managing Director, Harley-Davidson India and Vijay Chandok, Senior General Manager, ICICI Bank at the 10th Auto Expo in New [...]

ICICIdirect launches online trading platform for Independent Financial Advisors

Hyderabad, January 6: Broking services arm of ICICI Bank Ltd ICICI direct today announced the launch of its online platform dedicated exclusively for the Independent Financial Advisors (IFAs). Launched under the ICICIdirect.com banner, the new platform is a cost-effective opportunity for IFAs to service their customers.
An AMFI certified IFA with a minimum of a year’s [...]

Meru Cabs implements ERP Solutions

Hyderabad, December 16th 2009: Meru Cabs, India’s favourite and largest radio cab service provider, has implemented Enterprise Resource Planning) system (ERP) throughout the organisation. Meru Cabs has deployed around 3800 cars in Mumbai, Delhi, Bangalore and Hyderabad within 30 months of commencement of operations. As Meru Cabs grows and processes mature, there comes a [...]

Ramalinga Raju front companies cliams 1230 crores from Mahindra Satyam

Hyderabad: B.Ramalinga Raju, who is now taking treatment in NIMS hospital in Hyderabad cleverlly arranged legal notices to Mahindra Satyam, owned by Tech Mahnidra Ltd. Satyam Computer Services Ltd has informed BSE that: “Mahindra Satyam has received legal notices from 37 companies claiming a refund of Rs. 1230. 40 crores (equivalent to around USD 265 [...]

Bharti Airtel launches Far-East Connect Network for Asia and the Pacific region

New Delhi, November 17, 2009:  Bharti Airtel, Asia’s leading integrated telecom services provider announced the commencement of operations of its Far-East Connect Network, enabling it to serve the requirements of wholesale customers in the high growth markets across Asia and the Pacific. The Far-East Connect Network is uniquely designed to meet both the expansion and [...]

Share Tips Prices Targets: IVRCL restructuring rational report by Motilal Oswal

It seems analyst community is convinced with the move taken by the IVRCL Infrastructure management to transfer the BOT assets to its listed subsidiary IVR Prime Urban Developers Ltd. Angel Broking given some positive opinion recently and Motilas Oswal has come out with some more details after the meeting the management. here is the key [...]