Popular Articles

LIC Hsg hopes reverse mortgage scheme to be beyond 20 yrs
With the new UPA Government expected to give a push to economic reforms, LIC Housing Finance Ltd (LICHFL) hopes the Centre would resolve some pending issues to enable it to launch long-awaited reverse mortgage scheme for senior citizens.

Godrej Properties fixes IPO price at Rs 490
Godrej Properties today fixed the issue price for its initial public offer at Rs 490 a share at the lower-end of the price band, to garner over Rs 460 crore.

News of the day

Overseas borrowings slip from October high
After hitting a 13-month high in October, external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) issued by Indian companies dipped slightly to $2.35 billion.
Corporate

Voltas FY'09 net up 21% at Rs 251.40 cr

Tata group company Voltas today said its net profit for the year ended March 31, 2009, rose by 21 per cent to Rs 251.40 crore, over the same period last year. - Tatas to start e-mall in two months - No plans to sell Teeside plant in UK, says Tata Steel - Tata AIG Life appoints Suresh Mahalingam as Managing Director - UK govt ready to guarantee loans for Tatas" JLR biz - Corus management, Teesside plant union to form "all-party" group - Rallis Dahej unit to start commercial production by June 2010 The company had a net profit of Rs 207.80 crore March quarter of 2008, Voltas said in a filing to the Bombay Stock Exchange. Total income of the company rose to Rs 4,361.72 crore for the year ended March 2009, from Rs 3,215.45 crore for the same period ended March 2008. The board of directors of the company has approved a dividend of Rs 1.60 a piece for the year 2008-09. In another filing on the BSE, the company has bagged two orders worth Rs 300 crore from Kolkata"s Netaji Subhas Chandra Bose International (NSCBI) Airport and Chennai International Airport for electro-mechanical projects. The scope of work includes internal electrification, plumbing and drainage system works to be completed in 2 years months and 1 year nine months respectively, it added. Shares of Voltas settled at Rs 98.05, up 5.37 per cent on the BSE.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):