TNM

Surya Brasil to setup manufacturing facility in India

Surya Brasil to setup manufacturing facility in India Surya Brasil, a Brazilian personal care firm, has plans to setup up a manufacturing facility in the India, to cater the growing demand for its products in the region.

Currently, the company has 8 distributors throughout the country and its products are available at major retail chains. The firm has been operating in the country, for the past two years.

The company expects to clock turnover of Rs 1 crore this fiscal, with the setup of new manufacturing facility. Presently, the company has three manufacturing units in Brazil.

HCC Q4 net profit soars 94%; declares dividend @ 80%

HCC Q4 net profit soars 94%; declares dividend @ 80% Despite a difficult economic year, HCC, the engineering construction and infrastructure development company, has reported net profit of Rs 51.4 crore for the quarter ended March, 31,2009 compared with Rs 26.41 crore in the corresponding previous quarter.

The company has registered a growth of 94.47 per cent in its fourth quarter's net profit.

However, company's net sales during the quarter dipped to Rs 1,049.86 crore from Rs 1,071.73 crore last year, down by 2.04 per cent.

Shree Cement to spend Rs 1,000 crore on Expansion

Shree Cement to spend Rs 1,000 crore on Expansion  Rajasthan-based Shree Cement Ltd has decided to invest Rs 1,200 crore in the current financial year to expand its production capacity, including setting up two greenfield plants and installing four captive power plants.

According to company officials, the investments would be made in two grinding units in Rajasthan and Uttaranchal, and two power plants of 50MW each at Bangur city.

Shilpa Shetty and Raj Kundra to tie the knot early next year!

Shilpa Shetty and Raj Kundra to tie the knot early next year! Going by the rather rampant Bollywood rumor-mills, one of the most-happening couples - film actress and international icon Shilpa Shetty and her multi-millionaire beau Raj Kundra - is expected to tie the knot early next year.

Blackwell to begin three-month trial of the Espresso Book Machine!

Blackwell to begin three-month trial of the Espresso Book Machine! According to the 'Daily Mail' reports, a revolution of sorts appears to be on the cards with regard to bookselling - particularly searching for the exhausting search for those out-of-print, obscure and otherwise long-forgotten books, as well as the out-of-stock novels!

ISPs sues DoT on the contentious issue of forced spectrum surrender

ISPs sues DoT on the contentious issue of forced spectrum surrender The directive by the Department of Telecom (DoT) - whereby Internet Service Providers in India have been compelled to surrender spectrum falling in the Broadband Wireless Access (BWA) space - has become a contentious issue. Taking a hard line stance against the edict, the Internet Service Providers Association of India (ISPAI) has filed a petition with the Telecom Dispute Settlement and Appellate Tribunal.

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