Medical technology products manufacturer Trivitron Group of Companies, has formed an alliance with BioSystems, Spain, to manufacture in-vitro diagnostic (IVD) reagents.

It should be noted that this is the third manufacturing joint venture for Trivitron in recent times. Earlier, the firm has signed joint ventures with Brandon Medical for making operation theatre bulbs and Aloka of Japan for portable ultrasound scanners.

Many investors are now-a-days scouting for good opportunity in the market, so that they can enter at current level and reap good profits in the long run.

Praj Industries is looking good for long term investors. The zero-debt Praj is basically an engineering company focusing on the distillery industry. It markets its products and services to more than 35 countries and is world's single largest supplier of molasses based distillery technology, plant and equipment.

Uttam Galva, the leading steel manufacturer, which is presently going slow on expanding steel capacity considering the economic situation, has plans to spend Rs 400 crore in enhancing capacity of its service centre and adding new product mix over the next one year.

The company intends to fund the investment, largely through a mix of internal accruals and debt.

Presently, company's steel service centre has a capacity of 20,000 tonne. The facility is situated near its plant in Khopoli, Maharashtra.

India's Jindal Steel and Power, the third largest steel manufacturing company in India, expects to start producing gas in Bolivia in June this year, for export to Argentina.

A company official, who did not want to be recognized, informed that the gas supplies would come from a processing plant in the eastern province of Santa Cruz.

It should be noted that the company and its Bolivian partners began drilling at the El Palmar gas field at the end of March and have already invested around $7 million in the project.

3i Infotech, a global Information Technology company, has registered 85.29 growth in its net profit to Rs 90.46 crore for the quarter ended March 31. The company had a net profit of Rs 48.82 crore in the same quarter ended March 2008.

Further, the company's net sales also rose to Rs 606.76 crore in the quarter, up by 73.25% from Rs 349.86 crore in the previous year-ago quarter. Apart from the announcement of results, 3i Infotech Ltd has recommended an equity dividend of Rs 1.50 per share having face value of Rs 10/- each.

Balrampur Chini Mills, one of the largest integrated sugar manufacturing company, on Saturday announced a marginal increase in net profit at Rs 66.19 crore for the second quarter ended March 31, 2009, compared to Rs 65.65 crore in the year-ago period.

The net sales for the quarter rose 15.93% to Rs 357.11 crore, compared to Rs 308.03 crore for prior year period.

Further, the company's total income surged by 14.84 per cent to Rs 357.34 crore, from Rs 311.15 crore in the corresponding period in the previous year.