Koutons has a plan to raise up-to $200 million by providing shares to promoters and others. This information came from the company’s board of directors. In order to keep the company from being buried to more debts, they would be willing to do anything to make things better like preferential allotment, QIP, private placement, GDR, […]
An agreement with two big companies, Premier Ltd and Fiat which will compromise the latter to supply 28,000 engines for the next three years for its plant in Ranjangaon. The engine is yet to be in its final stage, but Premier is expecting the deliveries to start by August-September. Today, the engines being supplied by […]
The country’s largest power-producer NTPC will double its investment on expansion. This state- run company had invested Rs 11,000 crore for last year’s expansion and now they are aiming for Rs 21,000 for their expansion activities. This information was given by their Chairman and Managing Director Arup Roy Choudhury. The company will keep an eye […]
Reliance Communications has appointed Gurdeep Singh as President & CEO of its Wireless Business. Gurdeep with his extensive experience will be responsible for leading Reliance Communications Wireless Business to achieve higher revenues and profitability. Additionally, Gurdeep Singh will also be a member of Reliance Management Board (RMB). Gurdeep Singh – New RCom CEO Gurdeep Singh […]
Microsoft has been trying to help those who are impaired physically by creating gadgets that would aid them in their disability. They have created technologies for those who have some problems with hearing, speech and for the blind. The team is led by Mr Bangaru Venkatesh with innovative employees of Microsoft. The technology that they […]
The auto company Bajaj stated that their quarterly sales this year was low compared to the same quarter report last year. For the number, last year, they had a quarter profit of Rs. 1,400 crore compared to Rs. 772 crore for the last quarter profit this year. This is not that surprising since a lot […]
India’s largest bank – State Bank of India has reported massive profit and net income figures for Q4 2012.The bank has clocked Rs. 33,959.54 crores in total revenue in Q4 and has reported a huge net profit to the tune of Rs. 4050.27 crores, which is almost a 2000% increase as compared to the Rs. […]
Mining is definitely among the most widely done business all over the world but is not doing quite good in our environment which is why most of its operations are band. This is among the problems faced by JSW steel which had experienced some problems with delivering iron-ore from Karnataka and Goa for there is […]
