- MRO-TEK makes gains in net profit.
MUMBAI: MRO-TEK Ltd, a major provider of product-based solutions to access every network, has announced net profit for the quarter at Rs 4.6 crores on total revenues of Rs. 37.91 crores as against a net loss of Rs.79 lakhs on ......
- Tietoenator Sees Nordic Upturn Ahead.
Tietoenator Corp, the Nordic region's largest IT services provider, is slightly more optimistic on the future of the Nordic IT services market, claiming that there is "a shift from cost reduction driven investments towards investments aiming for increased business opportunities." ......
- iRobot Schedules 1Q 2008 Earnings Call.
ENTERTAINMENT CLOSE-UP-20 April 2008-iRobot Schedules 1Q 2008 Earnings Call(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com iRobot announced it will issue its first quarter 2008 financial results after market close on April 30. iRobot will host a conference call, open to all interested ......
- Sensex slides to trade 146 pts down.
Markets continued their downward journey in the mid-day led by pressure on banking stocks, especially SBI, which announced lacklustre results for the third quarter of FY07. Selling pressure was also seen in heavyweights from the cement, FMCG and energy sectors....
- STCI plans new structure for PDs, UTI Sec.
MUMBAI: Securities Trading Corporation of India (STCI), which has recently bought UTI Securities for Rs 265 crore, is planning a new structure. Under the proposed structure, STCI will become a holding company for two businesses - primary dealership (PDs) and ......
- Enterprises not creating new jobs.
NEW DELHI: The jobless growth theory - a major criticism of the liberalisation process - has just received official confirmation. Preliminary data for the fifth Economic Census, which was released on Monday, revealed that employment in the non-agricultural sector grew ......
- Keane Acquires Nims.
Application outsourcing firm Keane Inc is continuing its recent acquisition spree with the acquisition of IT consultant Nims Associates Inc. Under terms of the deal, Boston, Massachusetts-based Keane will pay an initial $20m in cash to acquire Nims, and a ......
- SIB's Net profit at all time high.
KOCHI: The Trissur-based South Indian Bank (SIB) has declared a record net profit of Rs 81.56 crore for the 9 months period ended December 31, 2006. The net profit for the third quarter of the fiscal year was Rs 24.84 ......
- Mindtree to float at Rs 365-425.
MUMBAI; After seven years, Mindtree Consulting, known for its high-profile management team, has finally thrown its hat into the public markets. The company has fixed a price band of Rs 365 to Rs 425 for its initial public offering (IPO)....
- The road ahead.
Byline: Muthukumar K Mahindra Finance is coming with a Rs 340-400 crore IPO to fund its expansion plans. At a price band of Rs 170-200, it is quoting a price to earning ratio of 18 to 21 times its annualised ......
- M&A IMPACT: LIFE IS SUITE AT RATIONAL.
Back in July 1997, when Rational completed a 6 month long acquisition binge, buying Pure Atria, SQA, Requisite, and Performance Awareness, investors marked down the applications development tools vendor as a decidedly suspect 'show me' stock. Today, Rational has not ......
- BEML on expansion mode.
BANGALORE: Well known as a defence and heavy machinery manufacturer-Bharat Earth Movers is spreading its wings. The Bangalore-based PSU which had net profit of Rs 52.97 crore(Rs 55.78 crore) for the three-month period ended December 31, 2006 plans to launch ......
- Parlux reports good third quarter results.
* Parlux Fragrances, Inc. announced results for its third quarter ended December 31, 2005. Net sales were $56.4 million. Net income more than doubled to nearly $6 million. For the nine-month period ended December 31, 2005, net sales increased 74% ......
- UCO Bank to spruce up retail fin basket.
Byline: Arun Iyer BANGALORE: Even as rates show a northward bias and there is talk of an imminent liquidity squeeze, Kolkata-headquartered Uco Bank aims to increase its retail finance portfolio. It has set up a retail sales force and its ......
- This is as good as it gets.
Byline: Ashish Agrawal Elecon Engineering has gained significantly in the current cycle of investment and infrastructure development, with sales growth of 42% CAGR over FY03-06 period. Net profit during the same period increased by more than 12 times, i.e. CAGR ......
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