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nseindiaGammon Infrastructure Projects Ltd has an orderbook of 90 billion rupees and will be executing at least 1.5 bln rupees worth of projects every month for the next three years, a top official said on Wednesday.
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nseindiaA telecom network management joint venture between Alcatel-Lucent and India's Reliance Communications has more than $750 million worth contracts to be executed over five years, the companies said on Wednesday.
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nseindiaAdlabs Films Ltd hopes to see a turnaround in earnings in FY10 as movie releases line up, but the first quarter will continue to be under pressure due to the two-month-long deadlock between producers and distributors, a senior official said.
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nseindiaNew Delhi, July 1 (IANS) The government Wednesday approved 21 foreign investment proposals amounting to Rs.84.9 crore ($17.78 million).
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nseindiaMumbai, July 1 (IANS) A majority of IT companies in the country has urged the government to create better infrastructure to spur domestic demand and provide incentives to the slowdown-hit IT exports sector, a survey released Wednesday said.
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nseindiaAsia-focused Standard Chartered is in talks to purchase banking assets in China and India owned by the Royal Bank of Scotland (RBS), a source with direct knowledge of the matter said on Wednesday.
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nseindiaThe meteoric rise of China's Huawei to challenge the world's top telecom gear makers has been mainly in secondary markets, but a serious push into larger, more profitable, developed markets may hinge on an image makeover.
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nseindiaReliance Industries Ltd has started its second crude unit at its 580,000 barrels a day new refinery in Gujarat this week ahead of planned maintenance shutdown at its old plant, trade sources said on Wednesday.
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nseindiaABB Ltd said on Wednesday it won an order worth 1.65 billion rupees from a power utility based in Uttarakhand.
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nseindiaTVS Motor Co Ltd, India's third largest two-wheeler maker, said on Wednesday vehicle sales in June rose 5.83 percent to 115,448 units from 109,082 units a year ago.
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Markets open marginally higher; Sensex up 20 points
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nseindiaEquity diversified NAVs tumbled sharply with advance;decline ratio of 5:225, as the benchmark indices retreated on the back of huge selling in rate sensitives, infrastructure, cement, metal and pharma shares.
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nseindiaTata Dividend Yield Fund has declared a dividend of 15%, for which the record date is July 3, 2009.
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Sensex closes in red; down by 250 points
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nseindiaCNBCTV18 learns that USAbased TRowe Price has put in the highest bid for UTI Asset Management\’s 26% stake.
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Markets open positive; Sensex 116 points up
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nseindiaThe initial public offer of Mahindra Holidays has been priced at Rs 300 per share. Arun Nanda, Chairman, Mahindra Holidays Resorts, said the IPO has been priced lower as a gesture to retail investors. He said the company will be listed in the next 21 days.
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nseindiaEquity diversified NAVs ended higher with advance:decline ratio of 230:8. The markets closed with marginal gains. Shares of oil gas, metal, real estate, banking (barring ICICI Bank) and select infrastructure companies helped the benchmark indices.