Free & Fearless Press – Right of every Indian
Educomp Solutions held a conference call to discuss third quarter results and future prospects. Mr Shantanu Prakash, Chairman & Managing Director, addressed the call. Highlights of the call The management does not believe that it is in any way impacted by the slowdown in the economy and that its plans are on track. Educomp has … Read more Educomp Solutions – Not impacted by slowdown
GlaxoSmithkline Consumer Healthcare (GSK Consumer healthcare) held a conference call to discuss the result for the quarter ended December 2008. Following are the key highlights of the call: Highlights of the call The company’s sales for the calendar year (CY) ended December 2008 has increased by 21% to Rs 1592.30 crore while net profit has … Read more GlaxoSmithkline Consumer Healthcare
In order to boost the confidence of exporters at a time when global trade is declining in wake of recession, the government plans to ask the Reserve Bank of India (RBI) to relax rules governing forex credit. The move will help banks extend dollar loans to cash-strapped exporters at easier terms. A major step in … Read more Government to ease forex credit for exporters
Passenger car major Maruti Suzuki has decided to increase prices of its high-end vehicles due to higher input prices and foreign currency movement. As such factors influence prices of imported components; the company had no option but to go for an increase in prices. As a result, with effect from January 28, 2009, prices of … Read more Maruti raises price of SX4, Swift , DZire Star Hatchback
Moser Baer India, the global technology company, has added another product to its growing consumer product portfolio by launching a sleek and stylish LCD TFT monitor. Moser Baer India is currently trading at Rs 66, up by 2.30 points or 3.61%. It is designed in a manner that it occupies less table space and uses … Read more Investors cheers Moser Baer LCD TFT Monitor
The government-appointed board of fraud-hit Satyam Computer Services on Tuesday announced the names of Goldman Sachs and Avendus as investment bankers. They will explore various options for the company, which include identifying strategic investors and obtaining expressions of interest from them in a fair and transparent manner. The board also appointed management consultancy Boston Consulting … Read more Goldman Sachs + Avendus – Satyam’s Investment Bankers