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Suzlon arm bags 295 MW wind farm contract

Wind turnbine maker Suzlon Energy Ltd today said its unit REpower Systems AG has signed a contract with R W E project company for Nordsee Ost (North Sea East) for supply of 48 offshore wind turbines.

[ More ] February 1st, 2010 | No Comments | Posted in India |

Wayne and Coleen Rooney to be sued for loss of earnings

The James Grant Group (JGG), a management company, is planning to sue Wayne and Coleen Rooney for loss of earnings.

[ More ] February 1st, 2010 | No Comments | Posted in India |
 

Tanla Net Profit At Rs.126.6M, Domestic Sales Shrinks Further

Net profits continue to stumble at mobile VAS company Tanla Solutions, which has registered a 71.8 percent decline to Rs. 126.6 million in the quarter ended December 2009 compared to the same quarter in 2008.  Consolidated revenues have reduced 44.4 p…

[ More ] February 1st, 2010 | No Comments | Posted in Web |

Geodesic Net Profit Falls 25.4% YoY, Revenues Down 17.2%

Revenues for the NSE and BSE listed digital applications and services firm Geodesic Ltd have taken a beating in the quarter ended December 2009 with a 17.2 percent year on year fall to Rs. 1518.5 million, and a sequential decrease of 1.7 percent. The c…

[ More ] February 1st, 2010 | No Comments | Posted in Web |
 

BGR Energys profit jumps 54 percent

City-based power sector engineering, procurement and construction company BGR Energy Systems Ltd has announced a 54 percent jump in net profit for the third quarter of 2009-10 ended Dec 31 and a 34 percent growth in turnover over the comparable period …

[ More ] January 31st, 2010 | No Comments | Posted in India |

Guest Post: The Yo-Yo Life of a Tech Entrepreneur

This is a guest post by Mark Suster, a 2x entrepreneur who has gone to the Dark Side of VC. He started his first company in 1999 and was headquartered in London, leaving in 2005 and selling to a publicly traded French services company. He founded hi…

[ More ] January 30th, 2010 | No Comments | Posted in Web |
 

OIL Q3 net up 23.48 pc at Rs 717.28 cr

Public sector upstream company Oil India Ltd (OIL) today said its net profit for the quarter ended December 31, 2009 increased 23.48 per cent to Rs 717.28 crore as compared to Rs 580.87 crore registered in the corresponding period last year.

[ More ] January 30th, 2010 | No Comments | Posted in India |

Honda to recall 8,532 units of 07 City in India

Premium car manufacturer Honda Siel Cars India (HSCI) today said as part of a global recall by the parent firm the company will recall 8,532 units of its largest selling model the second generation City in the country due to defective power windo…

[ More ] January 30th, 2010 | No Comments | Posted in India |

Govt to dilute 5 pc stake in NTPC, FPO opens on Feb 3

The government will dilute five per cent of its stake in National Thermal Power Corporation Ltd (NTPC) through follow-on public offer (FPO) of 41.22 crore equity shares, company CMD R S Sharma said here today.

[ More ] January 30th, 2010 | No Comments | Posted in India |

SC adjourns Ambani Dadri land case till Mar 15

The Supreme Court today adjourned till March 15 the hearing of a petition, filled by Anil Ambani-owned RNRL challenging an Allahabad High Court judgement quashing the land acquisition proceedings for the Dadri Power Project and directing the Uttar …

[ More ] January 30th, 2010 | No Comments | Posted in India |