Page 55 - Gireesh Babu

NSE suspends trading of seven firms for not responding to its notice

First Leasing, Edserve Softsystems, Birla Power among firms named

Ashok Leyland sales decline 27% in November

Company sold 5,375 units in the month compared to 7,370 units in year ago period

Commercial realty flouting rules

IPAB orders in favour of a patent of Kibow Biotech

The Patent granted to Kibow Biotech Inc is for the invention "Compositions for Augmenting Kidney Function"

AIBEA to protest on growing NPAs and corporate borrowers' role

Bank employees' body plans to reveal top defaulters' names

MRF posts 11.7% growth in net profit

Total income from operations stood at Rs 3148 crore for the quarter

Sebi rejects consent plea of former director of Pyramid Saimira

Applications rejected as they were not found to be in consonance with the circular on May 25, 2012

Redington promoters to increase stake in its NBFC subsidiary

The company has received offer from Creador II LLC for investing up to Rs 100 crore at pre-money value of Rs 250 crore in form of common equity shares

Titan Industries to up capacity for around Rs 180 cr

The company is expanding its watch case manufacturing capacity and precision equipment manufacturing capacity for aerospace components

GAIL's pipeline project gets Madras HC nod

TN govt had, earlier this year, halted the project which connects Kerala- Karnataka via TN after farmers protested in southern districts of Tamil Nadu

Will be good if trade deficit can be contained at $150-155 billion, says FM

Trade balance between Apr-Oct was reported at $90.7 bn

Contest draws tens of millions

Shriram City Union Finance plans NCD to raise Rs 200 crore

Company proposed to raise Rs 100 crore, with an option to retain oversubscription to extent of another Rs 100 crore

Auto components companies form consortium in Chennai

Firms are expected to invest around Rs 300 cr, power produced from these plants to be used for captive purpose

IPAB cancels trademark similar to Dhunseri tea

Observes examiners should take greater care in examination and acceptance

IOB to allot 22.97-cr shares to Centre on preferential basis

Bank says allotment subject to approval by shareholders at upcoming EGM

Ashok Leyland plans to merge wholly-owned subsidiary with itself

Merger will be subject to approval of regulatory authorities as required and Madras High Court

H&R Johnson to launch modular kitchen stores for Germany-based Nobilia

Under distribution partnership, H&R Johnson would promote Nobilia by setting up standalone stores

Ajuba Sol to ramp up headcount to 4,000

It's also adding two more facilities in near future

Apollo Hospitals looking at inorganic growth in smaller cities

Company is expecting atleast one of these facilities by FY15