22 May, 2013
L&T sees FY14 sales growth at 15-17 pct
Larsen & Toubro Ltd expects sales to rise 15-17 percent for the fiscal year to March 2014, Executive Chairman A.M. Naik said on Wednesday. Larsen, India's biggest engineering company, expects
Source: Sify.com
Click here for the full article.22 May, 2013
L&T Q4 net profit falls 7% to Rs 1,788 cr; 1:2 bonus, dividend proposed
Larsen and Toubro's quarterly net profit for Q4FY'13 (standalone) dipped 6.89 per cent to Rs 1,788 crore on account of higher expenses on raw material, sub-contracting charges, cons...
Source: The Hindu Business Line
Click here for the full article.22 May, 2013
Puravankara sets price band for $33 mln share issue
Real estate developer Puravankara Projects has set a price band of 80 rupees to 85 rupees for its up to 1.84 billion rupees share sale, it said in a statement late on Tuesday. The company aims to
Source: Sify.com
Click here for the full article.22 May, 2013
Mahindra Satyam AGM on July 31
Mahindra Satyam will hold its annual general meeting (AGM) here on July 31. The AGM is likely to be the last one as it awaits the Andhra Pradesh High Court permission to merge with Tech Mahindra....
Source: The Hindu Business Line
Click here for the full article.22 May, 2013
L&T Q4 net profit falls 6.9%, lags forecast
Larsen and Toubro Ltd (L&T) posted a worse-than-expected 6.9 percent fall in quarterly profit as interest costs jumped for India's biggest engineering and construction company. Net profit fell
Source: Sify.com
Click here for the full article.22 May, 2013
JSW Ispat gets board approval to buy Heidelberg Cement grinding unit
JSW Ispat Steel Ltd plans to buy Heidelberg Cement's grinding unit in Maharashtra for an unnamed sum. It said in a stock exchange filing that the board of directors, at its meeting held on May 21,...
Source: The Hindu Business Line
Click here for the full article.22 May, 2013
Competition Commission looking into Jet-Etihad deal
Fair trade regulator Competition Commission of India (CCI) is examining the over Rs 2,000-crore deal between leading carrier Jet Airways and Abu Dhabi-based Etihad Airways. The Competiti...
Source: The Hindu Business Line
Click here for the full article.22 May, 2013
Reliance Jio to invest Rs 3,000 cr in West Bengal for 4G services
Reliance Jio Infocomm on Wednesday announced its decision to invest Rs 3,000 crore in West Bengal over a two-year period for setting up necessary infrastructure to roll out its fourth generat...
Source: The Hindu Business Line
Click here for the full article.22 May, 2013
Tech Mahindra shares jump on Q4 earnings
Shares of Tech Mahindra today surged nearly 8 per cent after the software exporter reported a 24.7 per cent jump in net profit for the fourth quarter ended March 31, 2013. After making a...
Source: The Hindu Business Line
Click here for the full article.22 May, 2013
OVL net up 44% at Rs 3,929 cr on higher gas output
ONGC Videsh Ltd, the overseas arm of State-owned Oil and Natural Gas Corp, today reported an over 44 per cent jump in net profit for 2012-13 fiscal on the back of higher gas production. Net...
Source: The Hindu Business Line
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