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.

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.

New Delhi: Oil and Natural Gas Corp (ONGC) on Wednesday said that it will commence production from its ultra deep sea gas discovery in the Krishna-Godavari basin off the east coast by 2012-13.

New Delhi: Stating worry over the IT’s dim geographical spreading, Jairam Ramesh, Union Minister of State for Commerce said that IT special economic zones (SEZs) were further growing the digital di

Magnum Ventures, New Delhi-based paper maker today got listed at Rs 37 per share on the Bombay Stock Exchange (BSE), with a premium of 23.16% above its issue price of Rs 30 per share.

Within a few minutes of opening, the company’s scrip touched an intra-day high of Rs 66.70 and a low of Rs 36.95, as many as 35.11 lakh shares changed hands on the BSE.

The scrip got listed at Rs 36.60 on the National Stock Exchange (NSE), and touched a high of Rs 66.90 and more than 35.90 lakh shares were traded.

In early trading session, the scrip spared a few gains from its intra-day high and was dealing at Rs 59.35 on BSE and at Rs 58.45 on NSE.

Mumbai: The rupee beefed up past 40 per dollar today for the first time in