I-T dept chooses Infosys to set up BPO operations

January 30, 2009 by admin  
Filed under Company News

The Income Tax department has selected Infosys Technologies to set up a business process outsourcing (BPO) unit to help it to carry out its routine work, a move that would give tax officials more time to focus on tax evaders.

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Omaxe reports huge fall in NP numbers in Dec qtr

January 30, 2009 by admin  
Filed under Company News

Real estate major, Omaxe, has declared its unaudited results for the quarter ended December 31, 2008.

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Welspun-Gujarat clocks weak NP numbers in Dec qtr

January 30, 2009 by admin  
Filed under Company News

Welspun-Gujarat Stahl Rohren has declared its unaudited results for the quarter ended December 31, 2008.

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BHEL firm on getting GMR Energy order

January 30, 2009 by admin  
Filed under Company News

State-run Bharat Heavy Electricals (BHEL) has emerged as the preferred bidder and is likely to get orders of supplying equipment for the power plant 1200 MW from GMR Energy in Chhattisgarh Thermal Power Project.

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GE Shipping net down by 17.90% in Dec qtr

January 30, 2009 by admin  
Filed under Company News

Great Eastern Shipping Company has declared its unaudited results for the quarter ended December 31, 2008.

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Axis Bank aims to have branches in all 30 districts in Orissa

January 30, 2009 by admin  
Filed under Company News

Private sector banking entity Axis Bank is working towards having its presence in all the 30 districts in Orissa by next fiscal. Recently, it has rolled out two new branches at Jatani and Talcher and is planning to set up branches at six places soon.

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NCDEX files a writ petition against FMC

January 30, 2009 by admin  
Filed under Economy News

In a latest development, National Commodities and Derivatives Exchange (NCDEX) has filed a writ petition against the regulator, Forward Markets Commission (FMC) for not granting a reduction in the levy of transaction charges.

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Hindalco reports 0.39% rise in the net profit to Rs 544.80 crore

January 30, 2009 by admin  
Filed under Company News

Hindalco Industries has reported a 0.39% rise in the net profit to Rs 544.80 crore for the December 2008 quarter as against Rs 542.67 crore for the December 2007 quarter.

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ONGC to get back two Nigerian oil blocks

January 30, 2009 by admin  
Filed under Company News

Oil and Natural Gas Corp (ONGC) is likely to get back two deep-water oil blocks in Nigeria, which were earlier awarded to a Korean company by the Nigerian government three years back.

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PNB announces massive growth in NP numbers in Dec qtr

January 30, 2009 by admin  
Filed under Company News

Banking major, Punjab National Bank, has declared its unaudited results for the quarter ended December 31, 2008.

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