ABB Q1 net profit plunges 33%
April 30, 2009 by admin
Filed under Company News
ABB has announced its unaudited results for the first quarter ended March 31, 2009.
The net profit for the quarter stood at Rs 78.35 crore against Rs 117.69 crore showing a dip of around 33% on YoY basis, the total income stood at Rs 1,407.44 crore against Rs 1,553.80 crore registering a negative growth of around 9% on YoY basis.
CESC Q4 net profit up 9%
April 30, 2009 by admin
Filed under Company News
CESC has announced its unaudited results for the fourth quarter & year ended March 31, 2009.
The net profit for the quarter stood at Rs 94.00 crore against Rs 86.00 crore showing a jump of 9% on YoY basis, the total income stood at Rs 775.00 crore against Rs 679.00 crore registering a growth of around 14% on YoY basis.
CARE revises rating for Aban Offshore’s CRPS issue
April 30, 2009 by admin
Filed under Company News
The Credit Analysis and Research (CARE) has revised the ratings of the cumulative non-convertible redeemable preference shares (CRPS) issued by Aban Offshore, the company informed BSE.
PNB slashes BPLR by 50 bps
April 30, 2009 by admin
Filed under Company News
Punjab National Bank has decided to slash the BPLR by 50 bps from 11.50% per annum to 11% per annum.
The reduction in BPLR will be applicable to all the existing and new accounts linked with BPLR.
Siemens consortium bags Rs 1,380 cr deal from Adani Power
April 30, 2009 by admin
Filed under Company News
The consortium of Siemens (SL) with Siemens AG, Germany (SAG) has bagged a deal worth Rs 1,380 crore from Adani Power.
Moser Baer posts net profit in Q4
April 30, 2009 by admin
Filed under Company News
Moser Baer India has announced its unaudited results for the fourth quarter & year ended March 31, 2009.
Videocon Industries net profit down 71% in Q2
April 30, 2009 by admin
Filed under Company News
Videocon Industries has announced its results for the second quarter ended March 31, 2009.
The company has posted a net profit of Rs 72.98 crore against Rs 251.22 crore during the same period previous year showing a dip of 71%, the total income stood at Rs 2,220.60 crore against Rs 2,538.78 crore registering a negative growth of 12.50% on YoY basis.
Ranbaxy shows willingness to supply anti-flu drug at a short notice
April 30, 2009 by admin
Filed under Company News
The Indian government is planning to add two million additional dosages of anti-flu drugs as a protective step to fight against any spread of swine flu in India. In response to this pharma major Ranbaxy has announced that it can supply generic version of anti-flu drug at a short notice.
Taneja Aerospace likely to float JV with TIDCO
April 30, 2009 by admin
Filed under Company News
Bangalore based Taneja Aerospace is planning to float a joint venture with Tamil Nadu owned TIDCO to create a new facility at Hosur, reports quoted.
Indian Oil Corporation forays into wind power segment
April 30, 2009 by admin
Filed under Company News
The largest oil refining and marketing company of the country, Indian Oil Corporation has made an entry into wind power segment by starting its windfarm at Kandla in Gujrat for an investment of Rs 130 crore.