SME News and Views

Havells India reports rise in PAT 32.6 per cent in Q3

Sme News by deepika on Jan 23 2013

Havells India has reported 32.6 per cent rise in profit-after-tax (PAT) at Rs 118 crore for the third quarter ended December 2012 on robust performance by all segments

Greenply posts an increase in net profit of Rs 29 crore

Sme News by deepika on Jan 23 2013

Greenply Industries has posted a 107 per cent increase in net profit of Rs 29 crore for the quarter ended December 31, 2012, compared with Rs 14 crore during the same period last year

L&T gets extra order from Defence Ministry for 18 interceptor boats

Sme News by Saleem S A on Jan 22 2013

L&T bags additional order from the Defence Ministry for the construction of 18 high-speed interceptor boats for the Coast Guard is valued at Rs. 447 crore. This follows the earlier contract worth Rs 977 crore for 36 similar vessels.

Gitanjali Gems rise $250 m

Sme News by Saleem S A on Jan 22 2013

The Directors of Gitanjali Gems Ltd’s board has approved issue of equity shares and/or other securities through QIPs/ADRs/GDRs/FCCBs and/or any other securities

Rice prices have been ruling flat

Sme News by Saleem S A on Jan 22 2013

Rice markets witnessed a steady trend with prices of aromatic and non-basmati rice ruling unchanged this week, in spite of restricted trading.

BHEL have commission first steam turbine generator unit in Ethiopia

Sme News by Saleem S A on Jan 21 2013

Bharat Heavy Electricals Limited (BHEL) has commissioned first steam turbine generator (STG) unit at a power plant in Ethiopia, the company’s first-ever in Africa.

Mumbai to host child & babycare products trade show

Sme News by Saleem S A on Jan 21 2013

The Children, Baby & Maternity Industry Expo (CBME India), a brand new event for the Indian Child and Baby care products and service industry.

NIFT organizes a fashion show at Bhubaneswar handloom expo

Sme News by Saleem S A on Jan 21 2013

National Institute of Fashion Technology (NIFT) is an institution of design, management and technology for the international fashion business in India, has been engaged to organize a fashion show at the ongoing National Handloom Expo in Bhubaneswar, the capital of the eastern state of Odisha.

Nilgris Small level tea producers attend stakeholders’ meet at Coonoor

Sme News by deepika on Jan 18 2013

Nilgris small level tea producers of about 1500 attend stakeholders’ meet at Coonoor early this week

Tamil Nadu Agricultural University training to start on Jan 23 and 24

Sme News by deepika on Jan 18 2013

TNAU Tamil Nadu Agricultural University training programme at its campus on dehydrated fruits and vegetables to start on Jan 23 and 24 at Coimbatore, according to a BL report.

Federal Bank and Manipal Global Education Services launch Federal Manipal School of Banking

Sme News by Jayashankar Menon on Jan 18 2013

Manipal Global Education Services and Federal Bank today announced the launch of Federal Manipal School of Banking at the Manipal University Bangalore Campus located in Bangalore.

Shriram Capital Chairman Arun Duggal is the Independent Non-Executive Director of Sanlam Group South Africa

Sme News by Jayashankar Menon on Jan 18 2013

Shriram Capital Chairman, Arun Duggal has been appointed as an Independent Non-Executive Director to the Boards of Sanlam Ltd and Sanlam Life Insurance Ltd, South Africa with effect from January 15, 2013.

Government proposes 2.5 per cent duty on crude edible oil

Sme News by deepika on Jan 17 2013

Indian Government proposed 2.5 per cent import duty on crude edible oil to protect domestic farmers, but kept the duties unchanged on refined cooking oil fearing a hike in retail prices.

BHEL bags 70 crore contract from Bhutan

Sme News by deepika on Jan 17 2013

BHEL has bagged a huge contract at an investment of 70 crore from Bhutan for setting up a 720 MW Mangdechhu hydro power plant

Havells India plans to double the production capacity of Baddi plant to 10 lakh SKUs

Sme News by deepika on Jan 16 2013

Havells India is planning to double the production capacity of Baddi plant located in Himachal Pradesh to 10 lakh stock-keeping units SKUs per day in the next 6-9 months