Gujarat Alkalies & Chemicals Ltd(GACL) has reported 30% fall in its net profit for the Q1 of FY10. Net profit of the firm declined to Rs 37.91 crore against RS 54.46 crore in the corresponding period last year. The firm posted net sales of Rs 328.58 crore for the quarter, 4.5% lower than Rs...
For the first time in the country, the state owned telecom giant BSNL is planning to commercially launch a Videotelephony service over broadband in Ahmedabad from August 15. Apart from video telephony, the service will also include video surveillance and integrated mobile advertising features. Ahmedabad based Sai Infosystem Ltd(SIS), the third largest IT solution...
Adani Enterprises Ltd on Thursday reported a 36.5% jump in net profit to Rs 127.67 crore for first quarter ended June 30, 2009, as compared to Rs 93.57 crore during the corresponding quarter last year. Total income shot up by 26.48% to Rs 6,368.90 crore for quarter ended June 30, 2009, as compared to...
Central Industrial Security Force(CISF) has 79 pending security requests from private establishments across the nation. Of these two firms are Gujarat based: Reliance Jamnagar Refinery and Torrent Power (Ahmedabad). It should be noted that Infosys is the first private firm to get CISF security following an amendment to the law to enable the paramilitary...
The public issue of of Adani Power Ltd(APL), which closed on Friday, has finally received subscription at 21.51 times the actual offer with collection of more than Rs 60,000 crore in the process. This good show of the company has hinted a revival of the primary market. According to NSE website, the issue received...