Archive for April, 2009
Momentum continues but outlook cautious: Q4FY09 Result Review – ULJK Research
Axis Bank has reported a better than expected net profit of Rs.5.81 bn in Q4FY09, a growth of 60.9% on a YoY basis and 16.1% on a QoQ basis.For the FY09, the net profit stands at Rs.18.15 bn, a growth of 69.5% on YoY. The profit during the quarter was driven by the strong growth [...]
Rolta’s Q3 FY-09 Consolidated Revenue Grows 15.1 % Y-o-Y
Mumbai – Rolta India Limited, one of India’s leading IT companies, specializing in Geospatial Information Systems (GIS), Defense and Homeland Security, Engineering Design Services (EDS), and Enterprise Information and Communications Technology (EICT), today announced unaudited financial results for the quarter ended March 31, 2009.
FINANCIAL HIGHLIGHTS
· Consolidated Revenue for Q3 FY-09 at Rs. 332.03 crores (Rs. [...]
Euronext approves Satyams application to delist ADSs
Hyderabad, INDIA, April 21, 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the “Company”) announced today that on April 17, 2009 Euronext Amsterdam N.V. approved the Company’s application for delisting from NYSE Euronext, the regulated market of Euronext Amsterdam (“Euronext Amsterdam”), of its American Depositary Shares (”ADSs”), subject to the following conditions:
1. [...]
Anand Mahindra to visit Satyam Campus on Monday
Hyderabad. . Anand Mahindra, VC & MD, Mahindra Group & Chairman, Tech Mahindra is vising Satyam Computer Services Ltd campus in Hyderabad on Monday.
Mahindra along with his senior management team will meet government appointed board of Satyam and other senior officials of fraud hit IT firm.
Back ground of Satyam-Tech Mahindra deal:
Satyam Computer Services Ltd. (NYSE: [...]
PFC Net Profit for FY 08-09 up 12.3%
Mumbai, April 17th, 2009: Consistent with its higher volume of operations, Power Finance Corporation’s (PFC) Net Profit rose by an impressive 12.3% to touch Rs 1355 crore for the FY 2008-09 as against Rs.1207 crore posted during FY 2007-08.
While the loan sanctions of the Corporation touched Rs.57,030 crores against MoU Excellent Target of Rs. 50,600 [...]
Citi Reports First Quarter Revenues of $24.8 Billion
Net Income of $1.6 Billion, Loss Per Share of $0.18
Positive EPS Excluding the $0.24 Impact of Resetting the Conversion Price of Certain Preferred Shares
Net Income Primarily Driven by Improved Performance in Institutional Clients Group and Continued Expense Reductions
New York, NY – Citigroup Inc. today reported net income for the first quarter of 2009 of $1.6 [...]
Gas Production Starts from RIL Dhirubhai 1 and 3 Discoveries in the KG-D6 Block
~In a record time of six and a half years, as against world average of 9-10 years for similar deepwater facilities ~
~ Will transform India’s energy landscape and is expected to double the current level of indigenous gas production ~
~ One of the World’s largest Deepwater Production Facilities ~
~ RIL joins elite league of Global [...]
