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  3. corporatebureau

Corporate Bureau

Tata Steel quarterly net profit increases 22% to Rs 1,488 cr

Tata Steel Ltd, the world?s sixth largest steel producer, announced that the company has posted a growth of 21.78% in…

By Corporate Bureau
August 1, 2008 00:47 IST
Unitech profit rises 16%

The country’s second largest real estate firm according to marketcap, Unitech Ltd, on Wednesday reported a net profit of Rs…

By Corporate Bureau
July 31, 2008 23:34 IST
PTL to merge with Mahindra

Mahindra & Mahindra announced that the company’s board approved the scheme of amalgamation of Punjab Tractors Limited with the company,…

By Corporate Bureau
July 31, 2008 23:31 IST
M&M enters two-wheelers with Kinetic acquisition

M&M will hold 80% in the new company while the remaining 20% will be held by Kinetic Motor. The deal…

By Corporate Bureau
July 31, 2008 23:30 IST
Phillips Carbon to expand

Phillips Carbon Black Ltd, the country’s leading producer of carbon black and ranked No 9 globally, is planning to increase…

By Corporate Bureau
July 31, 2008 01:11 IST
85% of Saregama’s turnover to come from its music biz

In 2008-09, around 85% of Saregama India Ltd’s revenue will come from the music business, according to managing director Subroto…

By Corporate Bureau
July 31, 2008 01:09 IST
…to up prices: 3rd since June

With raw material costs spiralling due to the steep rise in prices of crude oil, Berger Paints, the country’s second…

By Corporate Bureau
July 31, 2008 01:07 IST
Berger to launch Bolix products in India

Berger Paints’ acquisition of Poland-based Bolix SA will be completed by the third week of August, opening up markets for…

By Corporate Bureau
July 31, 2008 01:06 IST
Forex losses, demand dip dent auto firms? profits

Two large companies in the segment, Tata Motors and M&M, announced a decline in first-quarter profits, barely a week after…

By Corporate Bureau
July 31, 2008 00:59 IST
ITC to pump in Rs 8,000 crore for business growth

ITC Ltd, the fast-moving consumer goods major, could be investing up to Rs 8,000 crore over the next few years…

By Corporate Bureau
July 31, 2008 00:29 IST
Firms fear investment slowdown

With the Reserve Bank of India increasing the repo rate by 50 bp and the cash reserve ratio of banks…

By Corporate Bureau
July 30, 2008 23:13 IST
TVS eyes 18% market share

After lying low for over a period of time, TVS Motor Company, the third largest two-wheeler manufacturer in India, is…

By Corporate Bureau
July 30, 2008 01:36 IST
Ranbaxy net almost flat at Rs 160.8 crore

The country’s largest drugmaker Ranbaxy Laboratories Ltd on Tuesday posted a profit after tax of Rs 160.8 crore, during the…

By Corporate Bureau
July 30, 2008 01:29 IST
Jet Airways Q1 profit at Rs 143 cr, goes for new accounting method

Private carrier Jet Airways India Ltd has posted a net profit increase of 343% at Rs 143.40 crore for the…

By Corporate Bureau
July 30, 2008 01:27 IST
Hero Honda net zooms 43.7% on double-digit sales growth

On the back of double digit growth in total sales during the first quarter, the country’s largest two-wheeler manufacturer, Hero…

By Corporate Bureau
July 30, 2008 01:23 IST
Real estate sector gets another blow

Real estate stocks dropped 5% after the RBI announced the hiked CRR and repo rates. Both developers and analysts think…

By Corporate Bureau
July 30, 2008 00:27 IST
Wary India Inc has an eye on growth

While there could be a concern on the impact of continuing monetary tightening on investment and growth, the RBI has…

By Corporate Bureau
July 30, 2008 00:25 IST
Ashok Leyland plans new engine platform

In order to strengthen its presence in global markets, Ashok Leyland plans to introduce a new engine platform that will…

By Corporate Bureau
July 29, 2008 23:57 IST
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