Ramky Infrastructure Limited, an infrastructure development company, posted a net profit of Rs 53.16 crore for the quarter ended December 31, 2011, an increase of 14.3 per cent compared with Rs 46.51 crore for the corresponding quarter previous year. Net income during the quarter stood at Rs 939.89 crore as against Rs 835.62 crore.

Ramky Infra & Vivimed Labs Q3 results

Business Standard

Puravankara Projects, Bangalore-based publicly-held realtor, is looking to roll out 17 million square feet of residential projects in the near future. The company, which focuses as much as 95 per cent on residential projects, said approvals for these projects were in the pipeline and they hoped to have them in place in 12-18 months.

Puravankara plans 17 mn sq ft of projects

Networking solution provider Cisco is planning to tap 14 non-metro cities in India and accelerate its presence in the small and medium businesses (SMBs) across segments.

Cisco to tap non-metro cities

Hyderabad-based Manjeera Constructions Limited posted a 21.81 per cent dip in net profit to Rs 4.23 crore for the third quarter ended December 31, 2011, against Rs 5.41 crore for the same quarter last year. Net sales grew 1.07 per cent to Rs 46.11 crore, as against Rs 45.62 crore. Expenditure increased 5.81 per cent to Rs 40.62 crore from Rs 38.39 crore .

Manjeera Consts, Pitti Laminations & Amara Raja Q3 results

Chennai-based Olympic Cards Limited has received the Securities and Exchange Board of India&rsquo;s approval for its Draft Red Herring Prospectus (DRHP). The company will soon enter the capital markets with a public issue of up to Rs 27 crore to fund its proposed expansion plan for retail and manufacturing.

Olympic Cards gets Sebi nod for IPO

In the international conference on automation and information technology steelexperts in their addresses held strong view on the rapid introduction of automation and information technology in Indian steel sector for manufacturing quality steel at a competitive price against its foreign counterparts.

Experts emphasise on introduction of automation, IT in steel plants

Chennai-based Olympic Cards Limited, a 50-year-old company, has got market regulator SEBI&rsquo;s approval for the DRHP of its proposed public issue. The company will soon enter the capital markets with a public issue of upto Rs 27crore to fund its proposed expansion plan for retail and manufacturing.

Olympic Cards gets SEBI nod for public issue

The seminar will focus on power generation, power supply, rural electrification programmes and setting up of power equipment manufacturing units in the state through cluster development approach.

Electricity Odisha to focus on power equipment

The hearing of bail prayers of five directors of AMRI Hospital, where over 90 persons suffocated to death after a fire in the basement, concluded before the Calcutta High Court on Wednesday.

Bail prayers of AMRI directors to be heard on Monday

Press Trust of India

The Chairman and Managing Director (CMD) of Jindal Steel and Power Limited (JSPL) Naveen Jindal on Wednesday assured the villagers affected by his six million tonne steel project at Nisha near here that the company will take all possible steps to address their grievances.

Naveen Jindal talks to project-hit villagers

Even as its Indore development centre readies itself for functioning, IT giant Infosys is still scouting for land in Gujarat. While it is in talks with the state government for a centre, the company refused to offer deadline for the same.

'Still scouting for land in Guj': Infosys

Chief Minister Naveen Patnaik has urged the Union home minister P Chidambaram to expedite Presidential assent for Orissa Excise Bill-2005. Patnaik had a telephonic conversation with Chidambaram in this connection. The demand for hastening assent to the Bill comes in the wake of death of 34 people in the state recently following consumption of spurious liquor.

Expedite assent for Excise Bill: CM

US-based online retail giant Amazon has urged the Andhra Pradesh government to sort out the legal issues pertaining to 10 acres of land allotted to it in 2005 in the Financial District in Hyderabad.

Amazon to expand Hyderabad operations

Arvind Lifestyle Brands Ltd., plans to launch Elle fashionwear for women in India. The company, a part of Ahmedabad-based Arvind Ltd, has teamed up with Elle brand, which is related to the world&rsquo;s largest selling fashion magazine owned by France-based Lagardere Active Group.

Arvind Lifestyle to bring Elle brand in India

Elections will be held in 10 municipal corporations in Maharashtra, including in Mumbai tomorrow where a triangular contest is on cards between the Congress-NCP combine, Shiv Sena-BJP-RPI alliance and the Raj Thackeray-led MNS.

Polls to 10 civic bodies in Maharashtra today

Revenue collection in the state, in the tax and non-tax segments during April-December period has clocked growth of 28.24 per cent per cent over the corresponding period of last fiscal.

Revenue collection surges 28% in Apr-Dec

Naya Ventures, a US-based venture capital firm, will be investing up to $2 million in Global Outlook, a cloud-based business communications service provider from Hyderabad.

Naya Ventures to invest up to $2 mn in Hyderabad firm

The 34-year uninterrupted rule in West Bengal led to shortcomings and flaws creeping into the CPI-M which need to be discarded, party General Secretary Prakash Karat on Wednesday said.

34-year long rule caused some shortcomings : Prakash Karat

Tata Motors launched Tata Sumo Gold, its redesigned sports utility vehicle (SUV), here on on Wednesday. The new vehicle is available in four variants along with a warranty of three years or 100,000 km, whichever is earlier.

Tata Motors launches Sumo Gold

The Indian Bureau of Mines (IBM) has voiced its displeasure over non-sharing of information by the state steel &amp; mines department on suspension of mines.

IBM peeved over non-sharing of info on mines suspension

Inspite of &quot;electoral disaster&quot; in West Bengal and Kerala, the CPI(M) on Wednesday ruled out forming a Third Front to counter the UPA or NDA in national politics, while stressing that it would endeavour for a Left and democratic alternative.

CPI(M) rules out Third Front

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