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Dr Reddy’s Laboratories declared the results for the quarter ended December’08 and held a tele conference call on 20th January 2009 to discuss the same and its future growth strategies. The key takeaways from the meet are as follows: Financial Performance The consolidated total operating income reported growth of 49% to Rs 1846.32 crore for … Read more Dr Reddy’s Laboratories – Banks on Product Innovation
Government-owned LIC Housing Finance (LICHF) is likely to roll out a financial services subsidiary in this quarter with an aim to strengthen its distribution and marketing network. The new arm — LIC Housing Finance Financial Services — is expected to open its first office in Mumbai and expand to other parts of the country later. … Read more LIC Housing Finance plans to roll out financial services subsidiary
Financial Technologies India has announced the launch of the Bahrain Financial Exchange(BFX).The BFX regulated by the Central Bank of Bahrain (CBB) has been given approval to list cash and derivatives instruments on multiple asset classes such as currencies, commodities, equity and debt related products for trading and clearing by its brokers. The Exchange will also … Read more Financial Technologies launches BFX in Bahrain
Hindustan Zinc (HZL) held its conference call on 21st January 2009 post announcing its results for third quarter ended December 2008. M S Mehta, CEO, along with other senior management members, addressed the call and discussed the business developments and future plans of the company. Highlights of the concall The net revenue of the company … Read more Hindustan Zinc – Cash Rich at Rs 220 / Share
Geometric Software held a conference call on 20th January 2009 to discuss third quarter ended December 2008 performance and future prospects. Dr Ravi Gopinath, MD & CEO, with other management members, addressed the call. Highlights of the call For the quarter ended December 2008, Geometric reported 7% sequential growth in operating revenues at Rs 163.08 … Read more Geometric Software – No new Clients due to slowdown
Jubilant Organosys’ subsidiary, Jubilant Biosys has developed solution Legend NGSS to solve next generation screening needs. Legend NGSS is a powerful screening and data management solution facilitating scientists to capture, store and analyze screening data with complete flexibility and accuracy in less time. It has the ability to accelerate the process of drug discovery and … Read more Jubilant Organosys launches next generation screening solution