Shell BP, Chevron offload stake in Kenyan refinery to Essar Oil
July 31, 2009 by admin
Filed under Company News
Global petroleum majors Shell BP and Chevron have offloaded their stake in Kenya Petroleum Refineries (KPRL) to Essar Oil. However, did not announce the value of the transaction. The acquisition has been routed through the company’s overseas arm – Essar Energy Overseas.
NALCO reports weak numbers for June’ 09 quarter
July 31, 2009 by admin
Filed under Company News
National Aluminium Company (NALCO) has announced its unaudited results for the quarter ended June 30, 2009.
Aban Offshore standalone net grows 11% during Q1 of FY10
July 31, 2009 by admin
Filed under Company News
Aban Offshore has announced its unaudited results for the quarter ended June 30, 2009.
ICSA India secures orders worth Rs 133.92 crore
July 31, 2009 by admin
Filed under Company News
ICSA India has secured work orders for a total contract value of Rs 133.92 crore from M PPoorv Kshetra Vidyut Vitaran Company.
ABB reports lower net in the second quarter
July 31, 2009 by admin
Filed under Company News
Turnkey engineering major ABB has reported a net profit for the second quarter ended June 2009 at Rs 83.61 crore, down 36.57% from Rs 131.81 crore in the previous corresponding previous quarter.
Hindalco Industries posts 31% decline in Q1 net
July 31, 2009 by admin
Filed under Company News
Hindalco Industries, the Aditya Birla Group Company, has announced its unaudited results for the quarter ended June 30, 2009.
Federal Bank up on posting good NP figures for June’09 quarter
July 31, 2009 by admin
Filed under Buzzing Stocks
Federal Bank is trading in the green on the BSE after the company posted good net profit for the quarter ended June 2009.
Blue Star gains 3.77% on the BSE
July 31, 2009 by admin
Filed under Buzzing Stocks
Blue Star has emerged as a top gainer on the BSE Consumer Durables (CD) index. The scrip is currently trading at Rs 385 per share, up 14 points or 3.77% on the BSE.
Telecom industry may face crunch of 2G spectrum
July 31, 2009 by admin
Filed under Economy News
India may soon face a temporary crunch of second generation (2G) spectrum if the defence sector is unable to vacate the same. According to an analysis conducted by the Department of Telecommunications (DoT), the entire available spectrum in 10 of the 22 telecom circles in the country has been exhausted.
GE Shipping reports weak numbers for Q1 of FY10
July 31, 2009 by admin
Filed under Company News
Great Eastern Shipping Company (GE Shipping), engaged in shipping business, has announced its unaudited results for the quarter ended June 30, 2009.