chairman

KPIT Cummins Q1 FY12 USD revenue up 60% Y-o-Y, 7% Q-o-Q, driven by strong organic growth in core businesses

by Paul Joseph July 22, 2011 Featured

Pune, July 21, 2011: KPIT Cummins (BSE: 532400; NSE: KPIT), a leading product engineering and IT consulting partner to manufacturing companies, today reported its consolidated financial results for the quarter ended June 30, 2011.   Ravi Pandit, Chairman & Group CEO, said, “We are pleased with our organic revenue growth performance this quarter which once again puts us amon…

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Eveready upgrades its Torch and Lamp Portfolio

by Paul Joseph July 19, 2011 Featured

Eveready Industries India Ltd, India’s largest marketer of dry cell batteries has upgraded its torch and lamp portfolio by launching new age models and improved packaging. Speaking on the occasion Mr. Deepak Khaitan, Vice Chairman, Eveready said “Our portfolio has been designed keeping in mind the technology enhancement of our torches and lamps. New torch models in various col…

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HDFC Plans to Launch IPO only after Confirmation with Std. Life

by Paul Joseph July 9, 2011 Featured

HDFC Chairman, Deepak Parekh announced that they are planning to have insurance plans with IPO (initial public offering) in two years. read more

Tagged as: chairman, launch, limit-reached

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Mindtree soars on block deal at bourses

by Paul Joseph June 30, 2011 Featured

According to media reports IT firm MindTree has sold 22 lakh shares in the form of part of Chairman Ashok Soota’s 11% stake in the company through a block deal due to which shares of the company had moved up by 19%. On the BSE, stocks climbed by 18.17% to a month’s high of Rs 426.60 and on NSE it raised by 19.135 to touch Rs 430. Media said that MindTree on NSE sold an equity stake of about 5.49%. read more

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FoodMin, railways work on better grain transport plan

by Paul Joseph June 6, 2011 Featured

Food ministry is planning to work out some easy procurement plans of grains with railways during this season. It includes the creation of a ‘command structure’ of the chairman, Railway Board; secretary, food and public distribution, and the chairman, Food Corporation of India (FCI). read more

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India cotton exports have created artificial shortage

by Paul Joseph June 1, 2011 Featured

Mr. Shishir Jaipuria, Chairman of the Confederation of Indian Textile Industry (CITI) has stated that the export of 5.5 million bales of cotton from India has created an artificial cotton shortage in India. The export was done during the early part of this cotton year. read more

Tagged as: chairman, confederation, export, india, indian, industry

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India cotton exports have created artificial shortage

by Paul Joseph June 1, 2011 Featured

Mr. Shishir Jaipuria, Chairman of the Confederation of Indian Textile Industry (CITI) has stated that the export of 5.5 million bales of cotton from India has created an artificial cotton shortage in India. The export was done during the early part of this cotton year. read more

Tagged as: chairman, confederation, export, india, indian, industry

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Tata slams Mukesh Ambani and British Managers ethics

by Paul Joseph May 23, 2011 Featured

Two months ago, Tata group has interviewed with The Times newspaper of London, in which he had criticized India’s richest man, Mukesh Ambani, the chairman of Reliance Industries over his 27 storey lavish residence in Mumbai. Tata also commented on the appointment of his half brother Noel for the top job because he felt that he is not suitable for the position due to lack of experience. Ratan Tata said that Noel is the choice of many for the next Tata Group Chairman and he is appointed by a committee of five members. read more

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Planning Commission curbed coal offered to Coal India for e-auctioning

by Paul Joseph May 19, 2011 Featured

Coal India Ltd. has overtaken ONGC and become the most valuable PSU of India in terms of market capitalization but is annoyed with Planning Commission who have cut down its coal offered for e-auctioning. NC Jha, Chairman of the company said that e-auctions of the coal should stay as they have approval of Supreme Court. He said that the company will continue to e-auction 10% of its coal until new directive is issued. He also said that Fuel Supply Arrangements (FSA) supply 81% of the premium in e-auction and also facilitates clearance of huge inventories. read more

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Mahindra Group to expand its Sri Lankan footprint

by Paul Joseph April 27, 2011 Featured

A delegation from the US $ 7.1 billion Mahindra Group, one of India’s leading business houses, recently engaged with the media in Sri Lanka. The delegation, which was led by Vice Chairman and Managing Director, Mr. Anand Mahindra, also met President, Mahinda Rajapaksa. Mahindra has already established a base for itself in Sri Lanka where it has been selling its range of tractors and uti…

Tagged as: chairman, india, mahindra, media, president

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