Archive for April, 2009
Reliance Communications FY09 financial results
Reliance Communications (RCOM) announces its financial results for the financial year ended March 31, 2009. Key Highlights:
Net Profit up by 9.4% to Rs. 5,908 crore (US$ 1,165 million)
Revenues HIGHER BY 20.3% AT Rs. 22,941 crore (US$ 4,523 MILLION)
EBITDA higher by 13.3% at Rs. 9,288 crore (US$ 1,831 million)
EBITDA margin stable at 40.5%, among the highest [...]
Dr. Reddy’s launches anti acne drug Nexret
Hyderabad, India, April 28, 2009 – Dr. Reddy’s Laboratories Ltd. (NYSE: RDY) has launched Nexret (Tretinoin 0.04% & 0.1% as microspheres) in India. It marks the entry of Dr. Reddy’s into the topical anti-acne segment, a commonly diagnosed condition by dermatologist.
Nexret is a next generation anti-acne formulation made from a proprietary non-porous microsphere technology. This [...]
Maruti Suzuki financials for 2008-09
Total Income up 14.28%; Premium compacts and sedan segment drive topline growth
Hyderabad, April 24, 2009: India’s number one carmaker Maruti Suzuki India Limited today announced its financial results for the quarter ending March 31, 2009 and for the full year 2008-09.
Fiscal 2008-09
The company’s Total Income (Net of Excise) (Income from Operations plus Other Income) for [...]
Federal Cartel Office of Germany, BSE and NSE OKs Satyam-Tech Mahindra deal
Hyderabad, 24 April 2009: Satyam Computer Services Limited. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the “Company”), announced today that the Seventh Division of the Federal Cartel Office of Germany has issued a letter dated 22 April, 2009 (the “FCO Letter”), permitting the completion of the acquisition of a controlling stake in the Company by Venturbay [...]
Reliance Industries Ltd FY09 Net profit Rs. 15,607 crore
Mumbai: Reliance Industries Limited (RIL) today reported its financial performance for the year ended 31st
March, 2009. Highlights of the un-audited financial results as compared to the previous year are:
• Turnover increased by 8.3% to Rs. 150,771 crore (US$ 29.7 billion)
• Exports increased by 12.6% to Rs. 94,038 crore (US$ 18.5 billion)
• PBDIT increased by 5.1% [...]
Reliance Power Ltd FY09 income at Rs 360.38 crore
Mumbai, April 23, 2009: Reliance Power Limited, a group company of the Reliance ADA Group, today announced its audited financial results for the financial year ended 31st March, 2009. The key financial results for the year are:
• Largest Project Finance debt raised in India for 3960 MW Sasan Ultra Mega Power Project.
• Won 4000 MW [...]
RPL Refinery achieves stable operations, supplies to global markets
MUMBAI, 23rd April 2009: Reliance Petroleum Limited (RPL) has recently commissioned
SEZ refinery at Jamnagar and processed 3.6 million tonnes of crude during the quarter
ended 31st March 2009. The refinery has also commissioned several secondary processing
units during the quarter.
These facilities are operating at design capacities. All the essential support units and
utilities are fully operational.
RPL has commenced [...]
NTPC ranked 317 by Forbes Global 2000
MUMBAI: NTPC Limited the largest power utility of the country has been ranked 317th in the Annual ranking of top 2000 public companies in the world by Forbes magazine. The ranking is based on a mix of four performance metrics of sales, profit, assets and market value. The ranking is considered an indicator of the leading [...]
NCDEX Spot (NSPOT) launches Chana Contract
MUMBAI: NCDEX Spot Exchange Ltd. (NSPOT) has launched compulsory delivery contract of Chana Kantawala on its electronic platform from April 21, 2009. The delivery center for the contract would be at Indore with minimum trading lot of 10MT. All trades on the exchange are guaranteed by the exchange for delivery and payments. The tick size [...]
Hero Honda Motors Ltd Q4 results update
Hero Honda Motors Ltd has planned a capex of Rs.350 cr in FY10 for product development,
investment in engine technology (due to new emission norms), setting up a
paint shop in Haridwar and plant modernisation at the facilities. In 2009,
HHML launched 9 models alongwith its variants and plans to launch similar
number of models in 2010.The management is [...]
