Sobha Developers Ltd BSE Code : 532784 NSE Symbol : SOBHA Sobha Developers has announced Q2FY12 results Sobha Developers Ltd, a Rs. 15 billion company, is one of the largest and only backward integrated real estate players in the country Sobha is primarily focused on residential and contractual projects. The company has also set up [...]
The Indian markets had a disappointing day, as both the bourses shed more than 2% today. The Nifty breached the psychological 5K mark and closed down 119 points at 4943. Good inflation numbers also could not do much to cheer up the market sentiment. Primary rticles’ inflation decreased by 82 bps to 6.92% for the [...]
Larsen & Toubro has bagged new orders valued at 2700 crore across various businesses during Oct/Nov 2011. In the Buildings & Factories segment, the Company secured new orders worth 1109 crore from reputed customers for the construction of a major residential complex consisting of 23 towers of up to 29 stories. In the Infrastructure segment, [...]
Country’s sole listed microfinance institution (MFI), SKS Microfinance would be diversifying into new area and has already sought board’s approval for the same.the company would stick to microfinance as a core business and it would focus on client protection.the company’s board has also approved fund raising of Rs 900 crore but the company doesn’t intend [...]
Siemens has announced the full year results of financial year 2011 (FY11). The company has reported 28.2% YoY growth in sales while net profits have increased 2.2% YoY during the year. Sales grow by 28.2% YoY in FY11 (September ending fiscal). Operating margins decline to 11.1% in FY11 on account of rise in raw material [...]
Maruti Suzuki will be going to launch country’s first compact MPV Ertiga anf concept compact SUV. Essar Steel Algoma launches USD 5 million Community Investment Fund Bharti airtel has crossed 50 m subscribers in Africa. The company has invested USD 1 bn in FY12 towards rollout in Africa SAIL India consortium to set up 6 [...]
Indian markets, after the morning losses closed on a positive note today. The markets were trading in the losses until the mid day. In the afternoon when the GDP data was published, markets gained the momentum and moved northwards. BSE Sensex closed 115 points higher to 16123.46 while Nifty closed 26 points higher to 4832.05. European [...]
Suzlon bags Rs 470 cr order from Coromandel Wind Energy Coromandel Wind Energy signs a contract with Suzlon for 75MW project Asian markets were trading firm; Japan’s Nikkei rose 1.80% or 147.11 pts at 8,307.12 Indian ADRs ended higher on Friday; MTNL was up 5.15% at USD 1.02; Tata Communication was up 3.41% at USD [...]
According to data released by the government, on Thursday, onions became cheaper by 32.85 per cent, year-on-year, while potato prices fell 7.23 percent. The price of wheat fell 3.09 per cent. However, all other food items became expensive on an annual basis, during the week under review. Vegetables became 17.66 per cent costlier, while pulses [...]
Indian markets remained volatile throughout the day, but ended in the green zone, with the indices up by 1.01% and 1.06% each. The volatility was amidst F&O expiry, with traders looking to roll over the settlement for the next month. Lower inflation numbers and a positive opening in the European markets helped the Indian markets to [...]
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