Company Updates

Kingfisher may use Air Deccan to fly overseas by 2008

Kingfisher AirlinesVijay Mallya has announced his plans to use Air Deccan to fly abroad by year 2008. Currently, any domestic airline has to operate for 5 years to be eligible for flying overseas. The booming Aviation industry is asking Government to change the norms regarding this 5 year period.

GHCL Plans to enter Retail Sector

Gujarat Heavy Chemicals LimitedGujarat Heavy Chemicals Limited (GHCL) has announced

Blackstone Group buys 50% stake in Gokaldas Exports

Blackstone GroupBlackstone Group made an official statement on Monday about their plans to b

Pioneer Investcorp Q1 Net Zooms 11 Times To Rs 8.64 Mln

Pioneer Investcorp LimitedPioneer Investcorp announced a fantastic increas

Gupta Synthetics Board Recommends Quarterly Dividend

Gupta Synthetics Ltd.For the financial year Mar. 31, 2007, the directors of Gupta Synthetics has approved dividend of 10% on shares of face value of Rs 10 each.

The decision was taken at the company’s board meeting held on Aug. 20, 2007.

Gupta Synthetics recorded a 46.12% increase in net profits to Rs 40.68 million for the quarter ended June 2007 as against Rs 27.84 million in the same period of the last year.

Goldstone Technologies Signs Pact With Echelon Studios

Goldstone TechnologiesGoldstone Technologies has signed up a contract with US-based Echelon Studios.

Echelon Studios will provide the company with about 3,500 video titles that consist of movies, cartoons and sitcoms.

The recent deal will aid Goldstone to improve its video library content for its video-on-demand subscribers.

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