Editor's Desk

Dr Reddy’s Laboratories – Banks on Product Innovation

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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

LIC Housing Finance plans to roll out financial services subsidiary

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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 launches BFX in Bahrain

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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 – Cash Rich at Rs 220 / Share

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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 – No new Clients due to slowdown

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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