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Editor's Desk Bharat Forge (BFL) held a conference call to discuss quarterly and nine months ended results and future growth plans. B. N. Kalyani, Chairman and Managing Director, addressed the conference call. Amit B Kalyani, Executive Director, P K Maheshwari, Executive Director, Sanjeev Joglekar, Chief Financial Officer & Sr. VP (Finance) and Mohan Sapre, Sr. VP (Finance) … Read more Bharat Forge – Non-automotive future Growth Driver
Wheels India is going to invest Rs 45 crore over a period of next 3 years for manufacture of 50,000 MT of steel structural parts per annum, from its proposed facility at Deoli to manufacture steel structural parts for power plant projects. The company has taken about 30 acres of land on long-term lease from … Read more Wheels India to invest Rs 45 crore in its proposed plant at Deoli
The HCC-Halcrow Consortium comprising Hindustan Construction Company (HCC) and UK-based Halcrow Group has bagged the prestigious and challenging 330 MW Kishanganga Hydro-Electric Project worth Rs 2726.49 crore, in Jammu & Kashmir from the National Hydroelectric Power Corporation (NHPC). In the Kishanganga project the HCC – Halcrow consortium will have a share in the ratio of … Read more HCC-Halcrow bags Kishanganga project worth Rs 2,726 crore
Larsen & Toubro (Oman) LLC, one of the leading companies in the field of engineering and construction in the region has secured major orders cumulatively valued at Rs.1198 crores (USD 245 million), against stiff international competition. The orders cover construction of a hotel and apartments for the 2nd Asian Beach Games, a mosque and underground … Read more L&T’s Oman Arm Bags Construction Orders valued at Rs 1198 Cr
Voltas, a Tata group company, has approved a proposal for transfer its chemicals trading business as a going concern, to DKSH India, a wholly-owned subsidiary of DKSH Holding, Zurich for a lumpsum consideration of Rs 20 crore, subject to certain adjustments, if any and to represent any change in the net asset value of the … Read more Voltas to transfer chemicals trading business to DKSH India
Ranbaxy Laboratories declared the results for the quarter ended December ’08 and held a tele conference call on 22nd January 2008 to discuss the financial performance as well as future plans. The key takeaways from the meet are as follows: Consolidated net sales for the year FY’08 reported growth of 8% to Rs 7250.70 crore … Read more Ranbaxy – Di-iachi Sankyo – Cleaning Balance Sheet