Hanung Toys & Textiles has announced that the company has signed export orders tie-up with a leading US buyer, for exporting Value Added Home Furnishing to the extent of USD 100 million to be completed by December 2012. This agreement will bring greater strength and better margings to the company.
Source :www.biginfotech.in
Jan 15, 2010
GTL Infrastructure agrees to purchase Aircel`s Telecom Tower Assets
GTL Infrastructure has reached a definitive agreement to purchase the telecom tower business of Aircel and its subsidiaries (Aircel) in an all cash deal valued at an enterprise value of Rs 8400 crore. This transaction will make GTL Infra the world`s largest independent tower company with a portfolio of more than 32,500 towers across all 23 telecom circles after the completion of the deal. This creates a partnership between Aircel, one of the leading telecom operators and GTL Infra, the leading telecom infrastructure company.
Usha Martin to raise funds
The finance committee of Usha Martin in its meeting on 14 January 2010 has given the approval for raising an amount not exceeding Rs 500 crore by issue of fully paid equity shares of Re 1 each, to qualified institutional buyers (QIP Issue) in compliance with Chapter VIII and other applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the SEBI Regulations) with a floor price of Rs 85.90 per share or such higher price as may be arrived at in consultation with the lead managers (LMs).
Source :www.biginfotech.in
Tata Steel to announce Q3 results
The board meeting of Tata Steel will be held on 28 January 2010 to take on record audited financial results of the company for the quarter / nine months ended 31 December 2009 (Q3).
Source :www.biginfotech.in
Subex allots equity shares
The allotment committee of Subex has issued 1,439,521 equity shares upon conversion of FCCBs of principal amount of USD 2.4 million by the holders of company`s USD 98.7 million 5% coupon convertible unsecured foreign currency convertible bonds. Post the conversion, FCCBs aggregating to USD 81.85 million are outstanding.
Source :www.biginfotech.in
Tata Communications and Tomizone join hands to bring a Wi-Fi revolution in the country
Tata Communications has announced that Tata Communications Internet Services and Tomizone have made a partnership deal by which TCISL will use Tomizone proprietary software to usher in a Wi-Fi revolution in India. Auckland headquartered Tomizone is a leading Wi-Fi hotspot and metro Wi-Fi zone solutions provider across Australia, China, India and New Zealand.
Decolight Ceramics bags order worth Rs 172 lakh from Hiya Overseas Pvt Ltd
Decolight Ceramics has bagged purchase order worth Rs 172 lakh from Hiya Overseas Pvt Ltd for vitrified unglazed Smooth & Mirror Polish Ceramics Tiles.
A strong, customer oriented and qualitative approach by the company has resulted into bagging such order. The company is also more positive response from overseas based customers including repeat order for its ceramic range of products which demonstrates the growing faith reposed by the customers on the company`s products.
Source :www.biginfotech.in
A strong, customer oriented and qualitative approach by the company has resulted into bagging such order. The company is also more positive response from overseas based customers including repeat order for its ceramic range of products which demonstrates the growing faith reposed by the customers on the company`s products.
Bank of Baroda to announce Q3 results
The board meeting of Bank of Baroda will be held on 27 January 2010 to consider and approve the un-audited financial results (standalone - reviewed) of the bank for the quarter / nine Months ended 31 December 2009 (Q3) together with relevant segment reporting.
Source :www.biginfotech.in
GTL Infrastructure reschedules its board meeting
The board meeting of GTL Infrastructure scheduled on 18 January 2010 for review of un-audited financial results for the quarter ended 31 December 2009 has been rescheduled on 28 January 2010 on account of the pre-occupation of the key managerial personnel.
Source :www.biginfotech.in
Era Infra secures contract from NHAI
Era Infra Engineering has announced that the company in association with OJSC-SIBMOST, has bagged the prestigious orders from National Highways Authority of India (NHAI) for an estimated cost Rs 1659 crore.
The contract involves 4- lanning of Muzaffarnagar-Haridwar Section of NH-58 from km 131.000 to 211.000
The contract involves 4- lanning of Muzaffarnagar-Haridwar Section of NH-58 from km 131.000 to 211.000
Indiabulls Power to consider interim dividend
The board meeting of Indiabulls Power will be held on 21 January 2010 to consider and approve the un-audited financial results of the company for the quarter ended 31 December 2009 and declaration of interim dividend, if any, on the equity shares of the company for the financial year 2009-10.
Source :www.biginfotech.in
Indiabulls Real Estate to announce Q3 results
The board meeting of Indiabulls Real Estate will be held on 21 January 2010 to consider the unaudited financial results of the company for the quarter and nine-month period ended 31 December 2009 (Q3).
Source :www.biginfotech.in
Jan 14, 2010
Ranbaxy Laboratories allots equity shares
The committee of Ranbaxy Laboratories on 13 January 2010 has allotted 105,888 equity shares on exercise of stock options under the Employees Stock Option Scheme of the company.
The paid-up equity share capital of the company post allotment is 420,523,246 equity shares of Rs. 5 each aggregating Rs. 2,102,616,230.
Source :www.biginfotech.in
The paid-up equity share capital of the company post allotment is 420,523,246 equity shares of Rs. 5 each aggregating Rs. 2,102,616,230.
Madras Cements to announce Q3 results
The board meeting of Madras Cements will be held on 28 January 2010 to consider the unaudited financial results for the quarter ended 31 December 2009 (Q3).
Source :www.biginfotech.in
Tata Motors to announce Q3 results
The board meeting of Tata Motors will be held on 29 January 2010 to consider the audited results (stand alone) for the third quarter ended 31 December 2009 (Q3).
Source :www.biginfotech.in
Tata Chemicals to announce Q3 results
The board meeting of Tata Chemicals will be held on 29 January 2010 to consider and take on record the audited financial results of the company for the third quarter ended 31 December 2009 (Q3).
Source :www.biginfotech.in
Punjab Chemicals & Crop Protection to raise funds
The board of Punjab Chemicals & Crop Protection in its meeting on13 January 2010 has considered and approved raising of funds upto Rs. 200 crore through the issue of securities / foreign currency convertible bonds / qualified institutions` placement / convertible bonds / other securities convertible into equity shares in the domestic / international markets, subject to necessary approvals.
Source :www.biginfotech.in
GVK Power & Infrastructure to announce Q3 results
The board meeting of GVK Power & Infrastructure will be held on 30 January 2010 to consider and take on record the un-audited financial results of the company for the quarter and nine months ended 31 December 2009 (Q3).
Source :www.biginfotech.in
GSS America Infotech to raise funds
The board of GSS America Infotech in its meeting on 13 January 2010 has approved to raise US$ 75 million through FCCBs / GDRs / ADRs / Qualified Institutional Placement (QIP) routes to fund the inorganic growth opportunities.
Source :www.biginfotech.in
Banswara Syntex secures orders
Banswara Syntex has announced that the officers of the Ordinance Clothing Factory Board had visited company`s Mills and have awarded the company registration for supply of uniform and tentage fabrics to the ordinance clothing factory.
The company have been placed with an initial order for supply of 57000 meters of 3 Layer Water Proof Breathable fabrics from Ordinance Clothing Factory Board, Shahjahanpur. This is a Specialty High
The company have been placed with an initial order for supply of 57000 meters of 3 Layer Water Proof Breathable fabrics from Ordinance Clothing Factory Board, Shahjahanpur. This is a Specialty High
IVRCL Group bags orders worth Rs 1550 crore
IVRCL Infrastructures & Projects (IVRCL) has bagged road project worth Rs 1550 crore for design, engineering, construction, development, finance, operation and maintenance of Indore-Jhahua-Gujarat / MP Border in the State of Madhya Pradesh under NHDP Phase III of Design, Build, Finance, Operate and Transfer (DBFOT) Basis awarded by National Highways Authority Of India under international competitive bidding. The concession period is 25 years including construction period of two and half years.
Source :www.biginfotech.in
Balrampur Chini Mills to announce Q1 results
The board meeting of Balrampur Chini Mills will be held on 29 January 2010 to consider and take on record the unaudited financial results of the company for the first quarter ended 31 December 2009 (Q1).
Source :www.biginfotech.in
Jet Airways achieves growth of 53% in domestic & 28% in international markets
Jet Airways, India`s premier international airline has reported a 53% surge in domestic and 28% surge in international passenger traffic for the month of December 2009 as compared to 30% surge in domestic and 20% surge in international passenger traffic in December 2008. The average seat factor for Jet Airways` international operations for December also stood at a remarkable 84.9% as compared to 70.7% in December 2008, reflecting
Subex announces launch of NetProvision 6.
Subex, a leading global provider of Operations and Business Support Systems (OSS / BSS) has announced the launch of NetProvision (NetP) 6.1, a multi-service, multi-technology, multi-vendor fulfillment solution used to automate the provisioning and activation of wireline connectivity services for Enterprise VPN and residential broadband services. NetP 6.1 allows service providers to eliminate the focus on vendor specific details by ensuring services are configured using consistent processes, irrespective of the vendor, technology or topology across the network infrastructure.
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