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Company Update

“We have witnessed a strong retail growth across all our brands and retail chains,” Bhaskar Bhat, managing director, said. The firm currently has 568 retail outlets across all its business segments which include watches, jewellery and eyewear. Watch and jewellery maker Titan Industries Ltd on Tuesday posted robust first-quarter numbers on the back of a [...]

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Tata Teleservices (Maharashtra) (TTML) has informed that Credit rating agency CRISIL has assigned its ‘A/ Stable/ P1’ ratings to the bank facilities of the company in respect of long-term loan of Rs 150 crore & short term loan of Rs 50 crore respectively. The ratings reflect the strategic importance of TTML to the Tata group’s [...]

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Tata Motors’ profit up, free cash flow generation still missing

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Increase in volumes coupled with higher realizations has led to the sharp increase in margins Tata Motors Ltd’s luxury car arm Jaguar-Land Rover (JLR) is turning around quite smartly. In the September quarter, the JLR business reported a return to profit at the operating level, after incurring a loss in the June quarter. In the [...]

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Pantaloon to merge consumer durable biz of arm with itself

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The company’s board has approved demerger of consumer durables and home improvement business from Home Solutions Retail (India) Ltd Retail major Pantaloon Retail (India) on Wednesday said that it will merge the consumer durable business of its subsidiary with itself. The board has approved demerger of consumer durables and home improvement business from Home Solutions [...]

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HCL Technologies – ESOP Allotment

by admin Company Annoucements

HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company has on December 21, 2009 allotted 3,96,156 Equity Shares of Rs. 2/- each, under the 1999, 2000 and 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone [...]

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Bhagwati Banquets launches CLUB TGB

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Bhagwati Banquets and Hotels has launched first of it’s kind exclusive club with world best amenities and facilities named as ‘CLUB TGB’ in city of Surat, alongside it’s upcoming five star hotel and convention center. The launch of club in Surat, Gujarat is expected to prove company’s right step towards right direction. Bhagwati Banquets & [...]

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Ambica Agarbathies – Outcome of Board Meeting

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Ambica Agarbathies & Aroma Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 21, 2009, inter alia, has decided to convert following Convertible Share Warrants into Equivalent Number of Equity shares on receipt of the full consideration from the respective allottees 1. M/s Trinethra Infra [...]

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SBI – Updation – SBI General Insurance Company Ltd; Joint Venture with IAG

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In terms of the Joint Venture Agreement signed by State Bank of India with Insurance Australia Group (IAG) on November 24, 2008 for its General Insurance subsidiary, SBI has made an investment of Rs. 111 Crores towards the 74% share of the equity capital of SBI General Insurance Company Ltd. IAG International Pty. Ltd. a [...]

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Kiri Dyes touches 52-week high on plan to acquire Germany-based DyStar Group

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Kiri Dyes and Chemicals is currently trading at Rs 556 per share, up 29.70 rupees or 5.64% on the BSE. The stock opened at Rs 535 as compared to its previous close of Rs 526.30. Intraday, the counter has touched a high of Rs 570, which is also its 52-week high, while it’s low remaining [...]

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Beckons Industries – Outcome of Board Meeting

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Beckons Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 25, 2009, inter alia, has discussed and decided the following: 1. Resolved to recommend the increase of Authorised Share Capital of the Company from Rs. 38.00 Crore to Rs. 80.00 Crore under the provisions of [...]

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