Editor's Desk

KEC International – No Slowdown in orders for another 6-8 months

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Key takeaways of the conference call Sales for the quarter ended Dec 2008 was up by 25% Rs 886 crore. The PAT was Rs 24.97 crore as against Rs 52.30 crore in the corresponding previous period. The corresponding previous quarter is an exceptional one with un-precedented EBITDA margin of over 14% which could not be … Read more KEC International – No Slowdown in orders for another 6-8 months

Bajaj posts fall in two and three wheeler sales in Jan, exports up

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Automobile major, Bajaj Auto, has clocked fall in two-wheeler sales by 34%, to 110,363 units in January 2009 as against 167,592 units in the previous year month. While, the three-wheeler sales plunged to 21,985 units as compared to 24,601 units in the last year period. However, exports rose by 24%, to 54,027 units during the … Read more Bajaj posts fall in two and three wheeler sales in Jan, exports up

Maytas Infra board accepts resignation of three directors

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The Board of Directors of Satyam-linked construction company – Maytas Infra has accepted the resignations of three directors at a meeting held on Friday. C.S. Bansal, R.C. Sinha and P.K. Madhav have resigned from the board but Bansal continues to hold the position of President- Transportation and Oil and Gas Sector. B Narasimha Rao was … Read more Maytas Infra board accepts resignation of three directors

Reliance MF named India’s best fund house

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A Hong Kong-based journal Asia Asset Management has named Reliance Capital Asset Management Company, which manages Reliance MF schemes, as the best fund in the country for 2008 as it has maintained its growth trajectory even in the midst of the ongoing global economic crisis. Largest in terms of asset, Reliance Mutual Fund manages a … Read more Reliance MF named India’s best fund house