SME News and Views

JSPL Q3 net profits dip 13 per cent on higher interest burden

Sme News by deepika on Feb 12 2013

Jindal Steel and Power net profit dip by 13 per cent at Rs 867.27 crore for the quarter ended December 31, 2012, as the company was hit by a higher interest burden and decline in revenues from power sales

Ramakrishna Mission unviels Science Centre in Chennai

Sme News by Jayashankar Menon on Feb 9 2013

Ramakrishna Mission Ashrama in association with the Agastya International Foundation inaugurated the ‘Ramakrishna Mission Science Centre’ 54, Burkit Road, T Nagar, Chennai – 600017.

Gulf Oil Corporation income increases for Q3 at Rs 15 crore

Sme News by Saleem S A on Feb 8 2013

Gulf Oil Corporation Ltd revenue increased for the third quarter fiscal of Rs 15.03 crore against Rs 13.09 crore in the corresponding quarter last year.

Pfizer net profit for the third quarter at Rs 63.88 crore

Sme News by Saleem S A on Feb 8 2013

Pfizer net profit increases for the third quarter December 31, 2012 at Rs 63.88 crore, mainly on account of a gain on sale of investment,.

Bt Cotton production dips in India

Sme News by deepika on Feb 8 2013

A marginal but steady decline has been observed in Bt cotton yield per acre in India during the last few years

KBL to start a new refurbishment centre in Jamshedpur

Sme News by deepika on Feb 7 2013

Kirloskar Brothers Ltd has started its third authorised refurbishment centre (ARC) in India at Adityapur Industrial Area, Jamshedpur

Ma Foi purchase 17.5% stake in Oviya MedSafe

Sme News by deepika on Feb 7 2013

Ma Foi Strategic Consultants has acquired 17.5 per cent stake in Oviya MedSafe.

Thomas Cook gains 74 percent stake in HR co IKYA for Rs 256 crore

Sme News by Saleem S A on Feb 6 2013

Thomas Cook India Limited bags HR solutions company IKYA Human Capital Solutions with 74 per cent stake for Rs 256 crore (approximately $47 million).

Rajesh Exports bags order for export worth Rs 432 crore

Sme News by Saleem S A on Feb 6 2013

Rajesh Exports Limited received the order for export of gold and diamond jewelery valued Rs 432 crore from Al Malek Jewellery (UAE).

CCEA likely to increase copra MSP by Rs 250 per quintal

Sme News by deepika on Feb 6 2013

The Cabinet Committee on Economic Affairs (CCEA) considered a proposal to increase the minimum support price (MSP) of copra by up to Rs 250 to Rs 5,600 per quintal for the current year

Maharashtra govt advises new modifications in Textile Policy

Sme News by Saleem S A on Feb 5 2013

The state government of Maharashtra has proposed new improvements in its textile policy, the government plans to facilitate construction of integrated textile parks in the state’s highest cotton producing belts.

Silk Mark Expo showcase began in Jammu with pure silk collection

Sme News by Saleem S A on Feb 5 2013

Silk Mark Expo 15th edition has began the showcasing with the collection of cent percent pure silk from remote clusters of Jammu and Kashmir (J&K) and other places across the country.

Sun Pharma gets approval from USFDA for anti-cancer injection

Sme News by Saleem S A on Feb 5 2013

Sun Pharmaceutical Industries gets approval from US health regulator’s to supply generic version of Doxil injection, this anti-cancer injection is used in treating ovarian cancer in the American market.

Zohra Chatterji appoints as new Textiles Secretary

Sme News by Saleem S A on Feb 1 2013

India’s Textile industry committee has appointed Zohra Chatterji, an Indian Administrative Service (IAS) officer of the 1979 batch (Uttar Pradesh cadre), Ministry of Textiles, in place of Ms. Kiran Dhingra, on her retirement on January 31, 2013.

V-Mart Retail Ltd plans to increase store count through public issue

Sme News by Saleem S A on Feb 1 2013

V-Mart Retail Ltd. (VMRL) is raising Rs 123.5 crore through a public issue 57.46 lakh equity shares, which will primarily be used to double the store count of the New Delhi-based retailer.