N. Shankar appointed CMD of ECGC

Mr. N. Shankar has been appointed as Chairman-cum-Managing Director of Export Credit Guarantee Corporation of India Ltd. (ECGC). Prior to this appointment, Mr. Shankar was Executive Director of Export-Import Bank of India (Exim Bank). Mr. Shankar is a career banker and has o…

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Today's Investing Mantra - Bill Earle

"If your outgo exceeds your income, then your upkeep will be your downfall." - Bill Earle

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After 5 years TN govt enters cement retail business

After a gap of  5 years, the Tamilnadu state government has decided to reenter the cement retail business in Tamil Nadu and Kerala with a view to reining in the skyrocketing prices. At a time when private manufacturers sell cement about Rs 300 per 50kg bag, the Tamil Nadu g…

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Ramky Infra bagged Construction World award

Ramky Infrastructure has bagged the award for the ‘3rd Fastest Growing (Large Category) Construction Company' at the 9th Construction World Awards 2011. The Ramky Infrastructure  emerged winner in the Construction World Annual 2011 study, which has been conducting the p…

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Sub-contractors in Infra. projects exempt from service tax : CBEC circular

Services provided by sub-contractors to a works contract service (WCS) provider engaged in infrastructure projects will not have to pay service tax - if they are independently classifiable under the WCS - if they are in relation to the infrastructure projects undertaken by …

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Unitech unveils new township in Gurgaon

Realty company Unitech has announced the launch of 'Crestview Apartments' in Gurgaon. The Crestview  Apartments is being launched as a part of Wildflower Country, a 100-acre township in sector 70, Gurgaon, being developed by Unitech. Unitech expect to generate a s…

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Indian Real Estate shares – Intraday Tips For 31 October 2011

Intraday Tips For 31 October (Monday)  2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 251.30 249.05 254.05 257.90 SELL BELOW 246.35 248.55 243.60 239.95 Scrip Trigger Price Stop Loss Target 1 Target 2

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Turbo chimneys for kitchen

Turbo chimneys now come in vibrant colours like Black , Red, Chocolate  & Ivory. It available at 60 cm, 75 cm & 90 cm in size in Standard and Deluxe model. The chimneys come with hi-tech features like turbo flow (1,000 C M H), Baffle Filter, Light Emitting Diode (LE…

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Amarprakash's new integrated township project near chennai

Chennai based Amarprakash is launching new project namely Sun City a 37 acre ultra modern integrated township at  Kadambattur, in Thiruvallur  District. The Sun City comprises a wide range of residential options such as Villas, Row Houses, semi independent houses and resid…

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Indian Hotels Net Profit Rs. 8.12 Crore

India’s second-largest hotel chain , IHCL (Indian Hotels Company ), posted a net profit of Rs 8.12 Crore for the quarter ended September 30, 2011. The company  had posted a loss of Rs 6.30 Crore for the corresponding quarter a year ago. Mr. Raymond Bickson, MD, IHCL said, &q…

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Building & Construction Industry: 77% Companies plan to increase their production capacity

According to a survey of the building and construction sector carried out by IndiaMART Knowledge Services, a majority of SMEs (Small and Medium Enterprises) in the building and construction sector are upbeat about the future and are looking to expand their business. A thriv…

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Shriram plans to open 50 automalls

Shriram Transport Finance Company's  subsidiary firm Shriram Automall plans to open 50 automalls by 2013. It with an investment of around Rs 100 crore. Mr. U.G. Revankar, Deputy Managing Director, Shriram Transport Finance , "Automall is a unique platform for the sec…

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M3M India unveils flats in Gurgaon

Real estate company  M3M India, launched its new project M3M Merlin – Singapore styled residential project in the heart of Gurgaon. The M3M Merlin offers competitively priced living to people looking for style and a classy lifestyle while staying close to their work place.…

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