SME News and Views

Shoppers Stop reports 53 percent fall in net profit for Q3

Sme News by Saleem S A on Jan 29 2013

Shoppers Stop Ltd is leading Fashion retailer posted a 53 per cent fall in net profit at Rs 4.32 crore in the December quarter from the year earlier.

Reliance Capital net profit increase Rs 101-cr in Q3

Sme News by deepika on Jan 29 2013

Reliance Capital consolidated net profit increased Rs 101 crore for the quarter ended December 31, 2012

Asian Panaria plans to attain 7-10 per cent of luxury tile market

Sme News by deepika on Jan 29 2013

Asian Panaria Ltd plans to attain 7-10 per cent of the luxury tile market valued at around Rs 250 crore through its high-end brand ‘Bellisimo” in its first year of operation

GVK Biosciences collaborates with Endo Pharma

Sme News by Saleem S A on Jan 28 2013

GVK Biosciences have successfully collaborated with US-based Endo Pharmaceuticals for discovering novel small molecules targeting a protein.

USFDA approves Glenmark to market skin disease cream

Sme News by Saleem S A on Jan 28 2013

One of the leading drug organization Glenmark Pharmaceuticals has received the authorization to market Mupirocin Calcium Cream from US health regulator.

Puravankara Q3 profits more than double

Sme News by Saleem S A on Jan 28 2013

Puravankara Projects net profit have more than double on consolidated basis for the third quarter this fiscal with 105.21 per cent to Rs 61.81 crore.

Suzlon Energy bags order for 22 MW of turbines

Sme News by deepika on Jan 28 2013

Wind turbine manufacturer Suzlon Energy has signed a contract for a 21.75 MW project with Sri Kumarswamy Mineral Exports Private Limited (SKMEPL), Bellary

Enter title hereReliance Power posts rise in net profit at Rs 659 crore

Sme News by deepika on Jan 28 2013

Reliance posted a 58 per cent rise in net profit at Rs 659 crore (Rs 416 crore) for the quarter-ended December 31, 2012, on the back of a Rs 418.34 crore profit booked on part sale of its stake in Reliance Power,

Mahanadi Coalfields Ltd plans to achieve target production of 112 mt

Sme News by deepika on Jan 28 2013

Mahanadi Coalfields Ltd (MCL) is hopeful of achieving its targeted coal production of 112 million tonnes in 2012-13

Dormer Tools announce the global launch of its new brand Carboloy at IMTEX 2013 in Bangalore

Sme News by Jayashankar Menon on Jan 28 2013

Dormer Tools launched new brand tools, Carboloy at the IMTEX 2013 trade fair in Bangalore.

Aeon Renewable Energy to set up a Rs 250 crore 25 MW solar power plant in Tamil Nadu

Sme News by Jayashankar Menon on Jan 25 2013

Aeon Renewable Energy is aiming attaining leadership in domestic household market with roof top installations to start with.

Granules India net profit declines 27 per cent in Q3

Sme News by deepika on Jan 24 2013

Granules India net profit dip 27 per cent to Rs 5.8 crore in the third quarter ended December 31, 2012 compared with Rs 8 crore in the year-ago period.

Sundaram BNP announces 47.48 per cent increase in Q3 net profit

Sme News by deepika on Jan 24 2013

Sundaram BNP Paribas Home Finance announced 47.48 per cent increase in net profit at Rs 36.37 crore for the third quarter ended December 2012, driven by the growing real estate market in South India

Pepper futures increase 1.15 per cent owing to demand

Sme News by deepika on Jan 24 2013

Pepper futures increased 1. 15 percent to Rs 38,230 a quintal owing to the great demand in the spot markets. The February contract made a high of Rs 38,380 and low of Rs 37,765 at 1.23 p.m

Jindal Steel bags Rs 500 crore contract from Power Grid Corp

Sme News by Saleem S A on Jan 24 2013

Jindal Steel and Power gets contract from Power Grid Corporation of India Ltd (PGCIL) of Rs. 500 crore for supply of 80,000 tonnes of steel, which will be used in setting up two transmission towers in Southern India.