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Editor's Desk Despite the ongoing economic slowdown, Indian telcos continue to expand rapidly. GSM players together added eight million new subscribers in the month of December, posting a growth of 3.25% in the month to reach 258 million users compared to 250 million users at the end of November 2008. Highest growth of 4.78% was achieved in … Read more 8 million subscribers opt for GSM in Dec-08
Gujarat NRE Coke, the country’s largest independent coke producer, at the Vibrant Gujarat Global Investors Summit 2009, Ahmedabad has revealed that the Group has plans of investing around Rs 3000 crore in Gujarat over the next 4 to 5 years. The major projects planned are additional 1 million tonne per annum met coke plant at … Read more Gujarat NRE unveils Rs 3000 crore investment plan in Gujarat
Foreign institutional investors (FIIs) were net sellers of Rs 563.57 crore (provisional) in the cash segment, according to information posted on the BSE website. While FIIs made gross purchases of Rs 1,770.13 crore, their gross sales amounted to Rs 2,333.70 crore. Domestic institutional investors (DIIs) were net buyers of Rs 217.83 crore (provisional) on the … Read more FIIs net sellers of Rs 564 cr in cash segment on Monday
Tata Power Company Ltd has informed FreePress that it has signed an MOU with Government of Gujarat to explore setting up of 5 MW each of Geothermal and solar power plants. Geothermal energy is the natural heat found within the earth, where temperature increases with depth, typically by 10-50 degree Celsius/km. Mr. Prasad Menon, Managing … Read more Tata Power to setup 5 MW Geothermal + solar power plant in Gujarat
Exide Industries has declared its unaudited results for the quarter ended December 31, 2008. The net profit of the company after tax increased marginally by 1.79%, to Rs 56.15 crore for the quarter ended December 31, 2008, against Rs 55.16 crore in a corresponding quarter a year ago. The total income of the company also … Read more Exide Industries net up by 1.79% in Q3
Bharti Airtel Ltd has informed FreePress about Lifetime Prepaid Scheme at Rs 99. Bharti Airtel, India’s leading telecom services provider today introduced its popular Lifetime Prepaid at a lower price point of Rs 99 only. This is a significant initiative that further reinforces Airtel’s commitment to make mobile more affordable and provide greater value to … Read more Bharti Airtel Lifetime Prepaid at Rs 99