Company News

Godrej Appliance Sets Aside Rs 300 Cr As Capex For 2007

Kolkata: To reposition its brand through technological upgradation, Godrej Appliance, a division of Godrej & Boyce Mfg Co Ltd, has planned Rs 300 crore capital expending in the recent fiscal.

ASUS Unveils Ultra-Portable U1F Notebook In India

Chennai: ASUS has introduced the U1F notebook in the Indian market. U1F is the company’s most recent offering in the ultra-portable notebook sector.

Supreme Petrochemicals Eyeing Big For 2007-08

Tiruchirapalli: A top company executive said that Polystyrene manufacturer Supreme Petrochemicals Ltd is expecting a turnover of Rs 1,600 crore in the recent fiscal started from July 1, 2007.

R Rangarajan, Chief Executive (Export Marketing), told that the company made revenue of Rs 1,400 crore in the last year, out of which more than 50 per cent was accomplished through exports.

RIL’s Market Capitalization Passes Over Rs 3 Trillion

Mukesh Ambanii’s Reliance Industries Limited (RIL), has turned into the first company to achieve a market capitalisation (cap) of Rs 3 trillion after the company’s shares soared up 5.6% on yesterday (September 19).

RIL’s scrip ascended to touch a record high of Rs 2,185, and closed the day after making a profit of Rs 114.50 at Rs 2,172.90 recording a market cap at about Rs 3,028 billion at the end of the trading session.

ONGC requests Government to Increase Gas Prices

India Glycols Announces 30% Dividend For Shareholders

At the company’s 23rd Annual General Meeting (AGM) held on Aug. 25, the members of India Glycols have sanctioned the announcement of dividend at 30%, or Rs 3 per share of the value of Rs 10 each.