Jindal Stainless net loss widened to R257.39 crore in its third quarter ended December 2012, from R110.33 crore in the same period of the previous fiscal, due to squeezed margins and higher interest payments. Its total income, however, rose by over 35% to R2,584.27 crore during the quarter vis-a-vis R1,910.06 crore in the October-December period of 2011-12, the company said in a filing to the BSE.
HIL surpasses Euro 2012 coverage in two weeks
The first Hockey India League (HIL) has witnessed unprecedented media coverage with ESPN STAR Sports on Tuesday announcing that more than 2.27 crore people have seen the broadcast in the first two weeks, which is way ahead of reach garnered by UEFA Euro 2012 in India. According to the broadcasters, full tournament reach of UEFA Euro was 2.07 crore. HIL at the end of second week has also beated the reach of Men’s Hockey Champions Trophy (58 lakhs) by almost four times.
Tata Consulting Engineers acquires Ecofirst Services
Tata Consulting Engineers, a subsidiary of Tata Sons, on Tuesday said it has acquired Ecofirst Services, a joint venture between Milestone Capital advisors and J Leon Group, for an undisclosed amount. “With the acquisition, Ecofirst becomes a 100% subsidiary of Tata Consulting Engineers (TCE), the company said in a statement.
BHEL wins R2,854-crore contract from Bihar
BHEL on Tuesday said it has bagged a R2,854 crore contract for setting up a 1,980-MW thermal power project in Bihar. “BHEL has bagged a contract for supply of
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