Saturday, July 11, 2009

Sector Specific News

  • For the quarter ended 31st March, 2009 Gujarat Alkalies declared a rise of 17.60% in its net profits to Rs 215.80 million from Rs 183.50 million reported in the same quarter last year.
  • For the quarter ended 31st March, 2009 Bombay Dyeing and Manufacturing Companyreported a sharp fall of 27.97% in net profits to Rs 155 million from Rs 215.20 million in the same quarter previous year.
  • •McNally Bharat Engineering Company bagged a Rs 165 crore order for design, engineering,manufacturing and supply, erection and commissioning of stock house package for Rourkela Steel Plant for Tata Project.
  • Mahindra Satyam, the new brand identity of Satyam Computer Services, has signed a new 5 year support contract with GlaxoSmithKline (GSK) to provide SAP and other criticalsystems support.
  • Dayim Pun Lloyd which is a joint between the Punj Lloyd and His Royal Highness PrinceKhalid Bin Bandar Bin Sultan (KBS), Kingdom of Saudi Arabia, have bagged a contractworth Rs 1210 crore for engineering, procurement and construction of port tank farm of the Jubail Export Refinery Project in Saudi Arabia.
  • For the fiscal year 2008-09, Barclays Investments & Loans India declared net loss of Rs 206.84 crore as compared to a net loss of Rs 40.32 crore during 2007-08.
  • Micro Technologies has tied-up with Aircel (one of the fastest growing telecom company), to offer its mobile security products activated in 8 circles across India.