RPL Refinery achieves stable operations, supplies to global markets
On April 23rd, 2009 by | No Comments | Posted in NewsMUMBAI, 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 [...]
NTPC ranked 317 by Forbes Global 2000
On April 23rd, 2009 by | No Comments | Posted in NewsMUMBAI: 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
On April 23rd, 2009 by | No Comments | Posted in CommoditiesMUMBAI: 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
On April 23rd, 2009 by | No Comments | Posted in Results, UpdatesHero 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 [...]
Momentum continues but outlook cautious: Q4FY09 Result Review – ULJK Research
On April 22nd, 2009 by | No Comments | Posted in ResultsAxis 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
On April 22nd, 2009 by | No Comments | Posted in ResultsMumbai – 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 [...]
Euronext approves Satyams application to delist ADSs
On April 21st, 2009 by | No Comments | Posted in NewsHyderabad, 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: [...]
Anand Mahindra to visit Satyam Campus on Monday
On April 17th, 2009 by | No Comments | Posted in NewsHyderabad. . 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 [...]
PFC Net Profit for FY 08-09 up 12.3%
On April 17th, 2009 by | No Comments | Posted in ResultsMumbai, 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. [...]
Citi Reports First Quarter Revenues of $24.8 Billion
On April 17th, 2009 by | No Comments | Posted in ResultsNet 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 [...]