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Saturday 28 May 2011

Tata Chemical and US Potash maker deal

Tata chemical had acquired ownership of US based Potash Miner EPM Mining Ventures.

Max India FY-11 Results

Max India comes back into profit for year 2011 with net profit of 9 crore against loss of 72 crore for previous year 2010, Profits are led by higher revenues from healtcare and speciality plastics business grew exponentially.

Banks to Resolve ATM Compliants within 7 days

Banks to Resolve ATM Compliants within 7 days instead of 12 days as new guidelines issued by RBI

BGR Energy Results

BGR Energy systems ltd. Reports results for this year are Income-55%
EBIDTA-58%
EPS-61%
PAT-61%

DE Shaw-RIL JV To offer full fledge Financial Services

DE Shaw-RIL JV to offer full fledged Financial services from algorithmic trading to lending, retail brokrage and asset management informed by Director DE Shaw Louis Salkind

Speak ASIA Accounts sealed

Speak asia accounts sealed in India and Singpore UOB Banks, and co. Many officers are under arrest investors will loose money now

Mphasis Feb-Apr profit falls

HP owned Mphasis said the co. Profit for quarter end April dropped 18.7% to 219.29 crore.
In previous quarter Mphasis reported net profit of 227 crore

Cairn Vedanta deal approved by GoM

Cairn Vedanta deal of about 10 billion dollars approved by GoM,Deal will be now approved by CCEA

HPCL Q4 RESULTS

HPCL reported a 48% jump in net profit for the quarter ended March 31,2011 on High refinery Margins, HPCL Profit is 1122.66 crore against 757.53 crore in the same quarter previous year.For 2010-11 quarter profit rose 18.2% year to 1539 crore

Engineers India Q4 Results

EIL reported a 32.54% growth in net profit at Rs. 165.57 crore for quarter ended March 31,2011. Co. Income from operations rose to 946.53 crore against 640.33 crore in the same period previous year

Aban Offshore FY11 Results

Aban Offshore FY11 net Dips 53.39% in its consolidated net profit at Rs. 144.94 crore for year 2010-11 for 2009-10 profit was at 311 crore