Corporate News
M&M to make Logan on its own
The revered French car Logan has had a bad time in India until now, but, however, it is here to stay.
Come 2010, Mahindra & Mahindra will launch Logan in a new avatar, mostly with a new brand name.
Meanwhile, as part of its new agreement, M&M gets the license to redesign and re-engineer Logan.
M&M also gets [...]
Kingfisher launches new international routes
Kingfisher Airlines launched flights from Mumbai to Bangkok and from New Delhi to Bangkok.
Meanwhile, these new routes mark the fourth international route out of Mumbai and third out of New Delhi.
The flights on these routes will be operated using Kingfisher Airlines” modern fleet of Airbus A320 aircraft.
It will feature a dual-class cabin with five-star luxury [...]
GTL – Announces Q4 & FY 10 results
GTL Ltd has announced the following results for the quarter & year ended March 31, 2010:
The Unaudited results for the Quarter ended March 31, 2010
The Company has posted a net profit of Rs 382.923 million for the quarter ended March 31, 2010 as compared to Rs 130.534 million for the quarter ended March 31, 2009. [...]
”6.5 million homes got 100 days employment under NREGA”
Rural Development Minister C P Joshi stated that only 65 lakh households had got 100 days employment under the Mahatma Gandhi Rural Employment Guarantee Scheme .
This is although 10 crore people had got job cards when the programme was launched.
When NREGA was launched 10 crore people got job cards where of [...]
Bajaj Holdings – Allotment of Equity Shares upon conversion of warrants
Bajaj Holdings & Investment Ltd has informed that the Company had, pursuant to board and shareholders approvals and other statutory and regulatory approvals, issued and allotted 10,110,000 preferential warrants to its promoters on July 28, 2009 at an issue price of Rs.449.58 per equity share, 25% of the issue price was [...]
Sujana Uni – Outcome of AGM
Sujana Universal Industries Ltd has informed that the members at the 21st Annual General Meeting (AGM) of the Company held on March 27, 2010, inter alia, have passed the following resolutions:
1. Adoption of Annual Accounts for the Financial year 2008-2009.
2. Re-appointment of Shri S. Hanumantha Rao & Dr. K. Srinivasa Rao [...]
