Company News

TVS net profit down 52.3%

India’s third largest two wheeler manufacturer, TVS Motor Company, has reported 16.04 per cent fall in sales at Rs 3,290 crore for the year ended March 2008.

Anant Raj Industries inks joint venture deal with Acacia Real Estate Ltd

Country’s major real estate company, Anant Raj Industries has announced that it has clinched a joint venture agreement with Bahrain based Development Fund, Acacia Real Estate Ltd.

Aban Offshore ceased USD 10.53 million contract with Husky Oil China

Oil Drilling And Exploration major, Aban Offshore has made announcement that the company has dismissed USD 10.53 mn (Rs 4,417 crore) contract with Husky Oil China due to unforeseen circumstances no

Lakshmi Mittal joins board of directors of Goldman Sach Group

Indian-origin steel magnate Lakshmi Mittal has joined the board of

Ramco System secures order from CCPL

Chennai-based Ramco Systems, a leading IT company has informed that it has received an order from Continental Carriers Pvt Ltd (CCPL), one of the India's leading Shipping & Transportation logis

Madura Garments to pump 150 crore on expansion

Apparel major Madura Garments, a unit of Aditya Birla Nuvo, plans to expand its showroom chain for Vanheusen brand to 200 stores in the next three years from 50 presently, with an investment of Rs

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