KOLKATA: JaiBalaji Steel, which is investing Rs. 16,000 crore to set up a five million tonnes steel plant in West Bengal, is set to begin construction by this year on its project located in Raghunathpur in Purulia, which is one of the backward districts in the country. Addressing a press conference here, Aditya Jajodia, Chairman […]
Tag: Profit
DLF Financial Year’08 Net Up 4-fold At Rs 7812 Crore
June 4, 2008 – 2:59 am
Real Estate major DLF announced a consolidated net profit of Rs 7,812.03 crore for the financial year ended March 31, a four-fold growth over the year-ago period. The company had a net profit of Rs 1,933.65 crore in 2006-07 fiscal, DLF said in a filing to the Bombay Stock Exchange. The total income rose to […]
DLF Setting Up JV Company With Italian Major Piquadro
May 5, 2008 – 12:27 am
Real estate developer DLF is learnt to be setting up a joint venture company with Italian leather and luggage accessory major Piquadro to hawk its products in India. This is part of the real estate major’s retail strategy to bring in some of the world’s leading premium brands across categories into the country.
ICICI Venture buys 15% in Arrow Webtex
March 1, 2008 – 4:30 am
Private equity firm ICICI Venture has picked up a 14.9% stake in Mumbai-based textile and real estate development firm Arrow Webtex through a preferential allotment. The deal is estimated to be in the region of around Rs 130-140 crore. The transaction gives the private equity fund a stake marginally below the level which mandates an […]
