WEB EXTRAS
OUTSOURCING
Samsonite to step up sourcing from India
Luggage retail brand Samsonite announced on Wednesday that it plans to step up sourcing from India, expand design development capacity at its plant in Nasik and increase its retail network. India is the second largest sourcing operation for ...
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TELECOMMUNICATIONS
Reliance Comm Q4 net nearly triples
Reliance Communications' consolidated net profit for the fourth quarter of the fiscal nearly tripled from a year ago, on the back of increased revenues and strong EDITDA growth across all segments. (The current fiscal of RCom started on January ...
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FINANCIAL PERFORMANCE
Tata Tea Q3 income up 4%
Despite an exit from a major part of south India plantations, Tata Tea Ltd's income from operations at Rs 291 crore during the quarter ended December 31, 2006, showed approximately four per cent improvement over the same period of the last year. ...
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GAIL net profit up in Q3 at Rs 665 cr
Despite a higher subsidy burden, the State-owned gas transmission and marketing company GAIL (India) Ltd has registered an increase in sales and profit during the third quarter of the current fiscal. The company reported a turnover (net of excise ...
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CERAMICS
Euro Ceramics plans to enter capital market
Euro Ceramics Ltd, a player in the ceramics and aluminium extruded sections domain, is entering the capital market with an initial public offering of 56.21 lakh equity shares of Rs 10 each. The price band has been fixed at Rs 150-180 per share . ...
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OVERSEAS INVESTMENTS
No immediate impact on global steel prices seen
Tata Steel's takeover of Anglo-Dutch steelmaker Corus group is unlikely to have any significant immediate impact on global steel prices. However, the deal will give the Tatas access to new market segments and new products even as consolidation ...
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MARKETING RESEARCH
PC sales to cross 6.5 m: MAIT
The Manufacturers' Association of Information Technology (MAIT) in its Industry Performance Review for the first half of 2006-07 reported a sales of 2.96 million units including notebooks and desktop computers, registering 19 per cent growth over ...
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ALTERNATIVE MEDICINES
Coimbatore Arya Vaidya Pharmacy in revamp mode
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