India Business Insight articles from October 2008, page 17

India Business Insight archives from October 2008

ULIPS RESILIENT: PRIVATE INSURERS (HDFC Standard Life sees 58% growth in new business premium).
October 29, 2008... Private insurance companies say that investments in unit-linked insurance plans have remained buoyant despite the overall slowdown in direct equity investments by retail investors. HDFC Standard Life has reported a 58 percent growth in...

FEDERAL-MOGHUL BOARD NOD FOR RIGHTS ISSUE (offer at an issue price of Rs56 per share).
October 29, 2008... The board of directors of auto parts manufacturer Federal-Moghul Goetze (India) Ltd has approved a rights issue of about 23.16 million shares at an issue price of Rs56 per share. The company would be offering 71 shares for every 100 shares...

H1 CARDAMOM EXPORTS UP DESPITE HIGH PRICES (exports at 215 tonnes worth Rs13.59 crore in Apr-Sep 2008).
October 29, 2008... Exports of cardamom from India have risen to 215 tonnes valued at Rs13.59 crore for Apr-Sep 2008, with unit value realisations at Rs631.86 per kg. Exports had stood at 195 tonnes valued at Rs7.83 crore in Apr-Sep 2007, with average unit value...

MOVE TO PROMOTE WAYANAD AS ADVENTURE TOURISM HUB (Malabar Tourism plans rock and mountain climbing programmes).
October 29, 2008... Malabar Tourism Organisation, an initiative by tourism entrepreneurs in North Kerala, are looking to promote Wayanad district as a centre for adventure tourism in mountaineering, rock climbing, and rafting activities. MTO is looking to...

MAHARASHTRA TO REWARD FARMERS FOR TIMELY LOAN PAYMENT (state plans Rs5,000 crore scheme for prompt farmers).
October 29, 2008... The Government of Maharashtra is planning to launch a Rs5,000 crore scheme for rewarding farmers who are prompt and regular in loan payments. The scheme would benefit about 26 lakh farmers if it were to be implemented. The decision has been...

IMPERIAL BUY GETS RUSSIAN APPROVAL (ONGC has agreed to takeover Imperial Energy for $2.6 billion).
October 29, 2008... The Ministry of Natural Resources, Government of Russia, has approved the sale of Imperial Energy to ONGC. ONGC has agreed to takeover Imperial Energy for $2.6 billion. As a precondition, the acquisition must have no strategic assets as...

COMPANIES SEE SLOWER ORDER BOOK GROWTH (owing to the global credit crisis).
October 29, 2008... Indian construction and engineering companies have reported lower order growth owing to the global credit crisis. Several big projects are being deferred for lack of capital or have turned unviable. Orders increased by 52.44 percent...

IREDA TO GET FOREIGN INSTITUTIONAL FUNDING (will help IREDA to provide term loans for renewable energy and energy efficiency projects).
October 29, 2008... The Indian Renewable Energy Development Agency (IREDA) will get financial assistance worth over Rs2,310 crore from various foreign financial institutions. The fund will help IREDA to provide term loans for renewable energy and energy...

HARYANA LAYS THRUST ON GREEN ENERGY (plans to increase the renewable energy contribution to 10%).
October 29, 2008... The Government of Haryana plans to add 5,000 Mw of power by 2012 through conventional power. The additional capacity will require an investment of about Rs25,000 crore. The State Government also plans to increase the renewable energy...

CIPLA: EXPORTS BOOST (has reported a 23% increase in sales).
October 29, 2008... Cipla has reported a 23 percent increase in sales at Rs1,355 crore in Jul-Sep 2008. Exports increased by 33 percent at Rs726 crore. Operating profit increased by 41 percent to Rs315 crore. Operating profit margins increased by 290 basis...

AUTO-MAKERS FEAR INDUSTRY GROWTH MAY HALVE IN FY09 (car segment reported a 5% growth in Apr-Sep 2008).
October 29, 2008... Automobile manufacturers expect the industry's growth to decline by about 50 percent with consumers postponing their decision to buy cars in the festive season. The car segment reported a five percent growth in Apr-Sep 2008 (12 percent in...

M&M SLOTS Rs300 CRORE FOR BRAND PROMOTION IN THE US (plans to launch SUVs and pick-ups in the US market).
October 29, 2008... Mahindra & Mahindra (M&M) will invest about Rs300 crore for brand- building and promotion in the US. The company has appointed global advertising agency StrawberryFrog to create a global brand image of the company. The company plans to launch...

BPCL MAY SELL 'PUREST' WATER (plans to use hydrogen fuel cell technology to generate power).
October 29, 2008... Bharat Petroleum Corporation Ltd (BPCL) has planned 1,000 Mw power generation over the next three to five years. The company plans to use hydrogen fuel cell technology to generate power. The fuel cell technology converts chemical energy into...

R-INFRA PROJECT HITS GREEN HURDLES (tribunal seeks additional information on the project).
October 29, 2008... Reliance Infrastructure's (R-Infra) 4,000 Mw power project at Shahpur in Raigad district is facing legal problems on environmental issues. The Appellate Tribunal for Environment (ATE) has sought additional information on the project from...

MID-CAP IT FIRMS MAY SHED 10% STAFF (following decline revenues and margins owing to global slowdown).
October 29, 2008... Mid-cap software companies in India are likely to reduce their workforce by 10 percent following decline revenues and margins owing to global slowdown. The margins and revenues of mid-cap companies in Jul-Sep 2008 have declined by 30-40...

TITAN SHOWROOMS TO ADD PERSONAL, LIFESTYLE PRODUCTS (also plans to expand its jewellery business to global destinations).
October 29, 2008... Titan Industries plans to expand its product portfolio. The company plans to foray into apparels, bags, belts, caps, helmets, headwear, wallets, fragrances, perfumes, writing instruments, mobile phones and related services and other...

GOVT NOD FOR NORTH-SOUTH EXTENSION (extension from RV Road Terminal to Kanakpura Road).
October 29, 2008... The Government of Karnataka has approved the extension of the Bangalore Metro Project on the north-south corridor of the city. The new 8.7 kilometre extension will be implemented at cost of Rs1,592 crore. The project will now be extended from...

EXPORTERS GET MORE TIME FOR CONCESSIONAL RATES (exporters can avail loans at 250 bps below prime lending rates).
October 29, 2008... The Reserve Bank of India (RBI) has extended the time limit for concessional interest rates (CIR) given for exporters to 30 Apr 2009. The time limit for CIR was set to expire by 30 Oct 2008. Exporters are allowed to avail loan at 250...

IRDA SEEKS ULIP DATA TO GAUGE LOSS (fall in ULIP NAVs may affect sales of life insurance policies).
October 29, 2008... The Insurance Regulatory Development Authority (IRDA) has directed life insurers to provide data on unit-linked insurance plans (ULIPS) and details of their funds. IRDA has sought the data to assess the losses suffered by investors and life...

RHFL EYES LOAN GROWTH FROM TIER-II CITIES (increases vigil and screening of its borrowers).
October 29, 2008... Repco Home Finance Ltd (RHPL), a subsidiary of the Repco Bank, is planning to cater to the high demand for individual home loans from tier-II cities. According to RHPL, the loans will be given to the middle and lower-end customers, and not to...

KARUTURI TARGETS Rs1,000 CRORE SALES BY 2010 (targets consolidated revenues of Rs600-650 crore for 2008- 2009).
October 29, 2008... Karuturi Global (KG) of Bangalore, which has just commenced agricultural operations in Ethiopia, is aiming to double its sales to Rs1,000 crore by Mar 2010. KG is expecting consolidated revenue of Rs600-650 crore for 2008-2009, up from Rs401...

SECURITY TRADERS MUST PAY TAX ON DIVIDEND: ITAT (dividends are not exempt from tax).
October 29, 2008... A special bench of the Mumbai Income Tax Appellate Tribunal (ITAT) has passed a ruling that income from dividends earned by bulk security traders is not exempt from tax. According to ITAT, Rule 8D of the Income Tax (IT) Act, notified on 24...

KINFRA KERA PARK PLANNED AT THRISSUR (park to link agricultural production to the market).
October 29, 2008... The Kerala Industrial Infrastructure Development Corporation (KINFRA) is planned to set up a park, Kera Park at Thrissur district of Kerala. The park will be formed in association with The Coconut Development Board on 50-70 acres of land. ...

MUTHOOT CAPITAL SERVICES NET RISES 67% (total income up 58.71 percent at Rs7.94 crore).
October 29, 2008... Muthoot Capital Services (Muthoot) of Kochi in Kerala has posted a 67.22 percent rise in net profit for Apr-Sep 2008 at Rs2.58 crore, compared to Rs1.55 crore in Apr-Sep 2007. Muthoot's total income grew by 58.71 percent to Rs7.94 crore (Rs5...

SEBI MULLS CAP ON FMP EXPOSURE TO REALTY PLAYERS (some funds have 15-16% exposure to realty).
October 29, 2008... The Securities and Exchange Board of India (SEBI) may impose limits on fund allocation to certain sectors in fixed maturity plans (FMP) of mutual funds (MF). The idea is to discourage high exposure of MFs to the real estate sector. SEBI is...

ANAND JAIN'S COMPANY BUYS 10% STAKE IN GOKALDAS EXPORTS (purchase is termed is a pure treasury investment).
October 29, 2008... Anand Jain, Chairman of Jai Corp, has acquired nearly 10 percent equity stake in Gokaldas Exports, promoted by the Hinduja family of Bangalore. The bulk of the stock is held by one of his investment firms, Vinamra Universal Traders and...

PROPERTY ADS (states with highest volume of real estate advertising in print).
October 29, 2008... Kerala, Andhra Pradesh and Karnataka are among the top states with highest volume of real estate advertising in print during Jan-Aug 2008. Maharashtra tops the charts with a share of 23 percent, followed by Delhi at 12 percent. ...

FUTURE GETS GOING WITH BLUE FOODS BUYOUT (group picks up over 50% equity stake in Blue Foods).
October 29, 2008... Future Group and its private equity arm Indivision India Partners have acquired a controlling equity stake of over 50 percent in the multi-cuisine lifestyle restaurant chain, Blue Foods. The acquisition was made through a structured...

KARNATAKA IT SECTOR SEES PRICING, MARGINS TAKING HIT: CII SURVEY (pricing in the state down by 2%-3% in Apr-Sep 2008).
October 29, 2008... Pricing in the information technology (IT) sector in Karnataka has fallen by 2-3 percent during Apr-Sep 2008 compared to Oct 2007-Mar 2008. According to the Confederation of Indian Industry (CII), profit margin is expected to decline by 3...

SETTING UP OF CENTRAL DRUG ADMINISTRATION PROPOSED (committee rejects plan to create separate Central Drug Authority).
October 29, 2008... The parliamentary standing committee on health and family welfare has rejected the proposal by the Government of India to create a separate Central Drug Authority for monitoring quality drugs. Instead, it has proposed the setting up of a...

CHECK-INS AT TOP HOTELS NORMAL DESPITE TREMORS (major hotels report almost normal room occupancy).
October 29, 2008... Many companies the world over have announced a reduction in travel plans. However, major hospitality companies in India like the Oberoi Group, The Marriott Group and the Phoenix Group have reported almost normal room occupancy or only slight...

AMARA RAJA LAUNCHES POWERZONE AT SRIPERUMBADUR (to target retail consumers in need of power solutions).
October 29, 2008... Amara Raja, which makes automotive batteries, has launched a new retail format called Powerzone. Under Powerzone, the company plans to target retail consumers in need of power solutions and also frequent buyers of automotive and power related...

GMR Q2 NET AT Rs46.58 CRORE (total income at Rs853.84 crore during Jul-Sep 2008).
October 29, 2008... The net profit of GMR Infrastructure stood at Rs46.58 crore during Jul-Sep 2008 (Rs49.58 crore during Jul-Sep 2007). Total income stood at Rs853.84 crore (Rs402.1 crore).

MAHARASHTRA GOVERNMENT REVIVES DABHOL TAKEOVER PLAN (plans to acquire part or complete equity in the power project).
October 29, 2008... The Government of Maharashtra has revived its proposal to acquire part or complete equity in the 2,150 MW Ratnagiri power project. The Government has three options for taking over control of the project namely taking over financial control,...

NAFED AIMS 55% HIKE IN TURNOVER TO OFFSET FAILED PARTNERSHIPS (focus organic farming, seeds business, warehousing).
October 29, 2008... National Agricultural Cooperative Marketing Federation (NAFED) has set a target of turnover of Rs7,300 crore for 2008-2009. This is about 55 percent higher than its turnover of Rs4,706 crore in 2007-2008. NAFED expects that the increased...

IFAD FUND FOR RAJASTHAN PROJECT (project to promote self employment opportunities).
October 29, 2008... The International Fund for Agriculture Development (IFAD) has approved a loan of $30.3 million and a grant of $6 lakh for the 'Mitigating Poverty in Western Rajasthan' project. The project aims to increase agricultural production and...

ZICOM NET UP AT Rs4.22 CRORE (consolidated income at Rs88.90 crore for Jul-Sep 2008).
October 29, 2008... Zicom Electronic Security Systems Ltd has registered a net profit of Rs4.22 crore for Jul-Sep 2008. The company's consolidated income is at Rs88.90 crore and its operating profit at Rs10.77 crore for the period. For Apr-Sep 2008, the...

GACL TO SET UP GAS-BASED POWER PLANT AT DAHEJ (project with an estimated investment of Rs400 crore).
October 29, 2008... Gujarat Alkalies and Chemicals Ltd will set up a 100 MW gas-based power plant with an estimated investment of Rs400 crore at Dahej in Gujarat. The project will be set up in collaboration with the Gujarat State Petroleum Corporation (GSPC)....

KARNATAKA INDUSTRIAL SECTOR REGISTERS POSITIVE GROWTH (engineering industry sees 5-8% increase in production).
October 29, 2008... Karnataka's industrial sector has registered positive growth in terms of production and sales during Apr-Sep 2008 as compared to Oct 2007-Mar 2008. The state's electronic industry has recorded a 5-7 percent increase in production, seven...

RAIN CII CARBON REDUCES TURNAROUND TIME BY 25% (deploys project management solution).
October 29, 2008... Rain CII Carbon, a producer of calcined petroleum coke, has deployed a project management solution which has helped it reduce the turnaround time at its plant by 25 percent. This enabled the company to produce an additional 3,650 tonnes of...

AMWAY EXTENDS ENERGY TO BEAUTY (by launching Amway XL energy drinks at Rs240 per six packs).
October 29, 2008... Amway India Enterprises Pvt Ltd (Amway) has launched Amway XL energy drinks at Rs240 per six packs and Amway XL energy bars for Rs450. Amway is a leading direct selling fast moving consumer goods company selling a range of beauty...

CPL AROMAS MAKES ITS MARK IN ALL AREAS OF PERFUMERY (plans to achieve a turnover of $25 million by 2013).
October 29, 2008... CPL Aromas (CPL) of UK, an international fragrance manufacturer, is planning to expand its presence in India and achieve a turnover of $25 million by 2013. CPL has global sales of around $80 million. The company operates in India through a...

MANEESH PHARMA LAUNCHES BABY CARE PRODUCTS IN INDIA (in association with Disney Consumer Products).
October 29, 2008... Maneesh Pharmaceutical Ltd (MPL) of Mumbai has introduced baby care products in association with Disney Consumer Products (DCP). MPL has launched six baby care products of its Smyle brand in India under the brand name, Disney Baby. MPL has...

DR REDDY'S LAUNCHES EPICERAM SKIN BARRIER EMULSION FOR ATOPIC DERMATITIS IN US (which is indicated for the treatment of mild to moderate atopic dermatitis).
October 29, 2008... Promius Pharma LLC (PPL) has announced the launch of its first product, EpiCeram Skin Barrier Emulsion in the US. The new product is indicated for the treatment of mild to moderate atopic dermatitis, a skin disease. PPL is a 100 percent...

JAPAN TECHNOLOGY PARK WILL COME UP IN RAJARHAT (at Kolkata in collaboration with Orion IT Parks Limited).
October 29, 2008... The Information Technology (IT) department of the Government of West Bengal in alliance with Orion IT Parks Limited will develop a Japan Technology Park (JTP) at Rajarhat in Kolkata. This is aimed at attracting investors and particularly...

TRANS-INDIA TO ACQUIRE 80% IN SOLAR SEMICONDUCTOR (offers shareholders of SSL its shares at $8 per share).
October 29, 2008... Trans-India Acquisition Corporation (Trans-India) of USA intends to acquire 80 percent stake in Solar Semiconductor Ltd (SSL), a manufacturer of solar photovoltaic products. As per the agreement, shareholders of SSL will be offered...

GRASIM GETS BANK GUARANTEE FOR STRATEGIC SALE OF VIKRAM SPONGE (to Welspun Power and Steel Ltd of the BK Goenka group).
October 29, 2008... Grasim Industries Ltd (Grasim) has obtained a bank guarantee from IDBI Bank to cover the Rs1,030 crore proceeds expected from sale of its company, Vikram Sponge Iron Ltd (VSIL). Grasim is a flagship company of the Aditya Birla Group. It...

REC TO RAISE $150 MILLION FROM BANKS (postpones its plans to mobilise $700 million through the external commercial borrowing route).
October 29, 2008... Rural Electrification Corporation (REC) is aiming to raise $150 million as debt from a consortium of banks in India, including the Standard Chartered bank. REC has also postponed its plans to mobilise $700 million through the external...

INDIA'S TRADE WITH CHINA JUMPS 47% (in 2007-2008 to $37,931.16 million, compared to $25,734.49 million in 2006-2007).
October 29, 2008... India's trade with China rose by 47.39 percent in 2007-2008 to $37,931.16 million, compared to $25,734.49 million in 2006-2007. According to the Ministry of Commerce and Industry, Government of India, exports from India grew by 30.66 percent...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' TAMIL NADU NEWSPRINT AND PAPERS LTD (reports total income of Rs1,084.94 crore for the 12 months to Mar 2008).
October 27, 2008... Tamil Nadu Newsprint and Papers Ltd (TNPL) has been ranked 251st in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' MAN INDUSTRIES (INDIA) LIMITED (reports total income of Rs1,507.84 crore for the 12 months to Mar 2008).
October 27, 2008... Man Industries (India) Limited (MIIL) has been ranked 252nd in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' PURAVANKARA PROJECTS LTD (reports total income of Rs579.27 crore for the 12 months to Mar 2008).
October 27, 2008... Puravankara Projects Ltd (PPL) has been ranked 253rd in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' SANGHI INDUSTRIES LTD (reports total income of Rs953.28 crore for the 12 months to Mar 2008).
October 27, 2008... Sanghi Industries Ltd (SIL) has been ranked 254th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' GREAT OFFSHORE LIMITED (reports total income of Rs726.83 crore for the 12 months to Mar 2008).
October 27, 2008... Great Offshore Limited (GOL) has been ranked 255th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' ADHUNIK METALIKS LIMITED (reports total income of Rs1,154.88 crore for the 12 months to Mar 2008).
October 27, 2008... Adhunik Metaliks Limited (AML) has been ranked 256th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' GODREJ INDUSTRIES LTD (reports total income of Rs909.31 crore for the 12 months to Mar 2008).
October 27, 2008... Godrej Industries Ltd (GIL) has been ranked 257th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' GRAPHITE INDIA LTD (reports total income of Rs1,194.14 crore for the 12 months to Mar 2008).
October 27, 2008... Graphite India Ltd (GIL) has been ranked 259th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to 30...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' GODFREY PHILLIPS INDIA LIMITED (reports total income of Rs1,876.27 crore for the 12 months to Mar 2008).
October 27, 2008... Godfrey Phillips India Limited (GPIL) has been ranked 260th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' BIOCON LTD (reports total income of Rs962.24 crore for the 12 months to Mar 2008).
October 27, 2008... Biocon Ltd has been ranked 261st in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to 30 Jun 2007 have...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' GUJARAT FLUOROCHEMICALS LIMITED (reports total income of Rs863.71 crore for the 12 months to Mar 2008).
October 27, 2008... Gujarat Fluorochemicals Limited (GFL) has been ranked 262nd in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' JAYASWALS NECO LIMITED (reports total income of Rs1,715.74 crore for the 12 months to Mar 2008).
October 27, 2008... Jayaswals Neco Limited (JNL) has been ranked 264th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' HT MEDIA LIMITED (reports total income of Rs1,225.29 crore for the 12 months to Mar 2008).
October 27, 2008... HT Media Limited (HTML) has been ranked 265th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to 30...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' FIRSTSOURCE SOLUTIONS LTD (reports total income of Rs516.36 crore for the 12 months to Mar 2008).
October 27, 2008... Firstsource Solutions Ltd (FSL) has been ranked 266th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' RSWM LTD (reports total income of Rs1,170.97 crore for the 12 months to Mar 2008).
October 27, 2008... RSWM Ltd has been ranked 267th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to 30 Jun 2007 have...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' TULIP TELECOM LTD (reports total income of Rs1,239.48 crore for the 12 months to Mar 2008).
October 27, 2008... Tulip Telecom Ltd (TTL) has been ranked 268th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to 30...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' OSWAL CHEMICALS & FERTILIZERS LIMITED (reports total income of Rs630.65 crore for the 12 months to Mar 2008).
October 27, 2008... Oswal Chemicals & Fertilizers Limited (OCFL) has been ranked 270th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' MANGALORE CHEMICALS & FERTILIZERS LTD (reports total income of Rs1,644.32 crore for the 12 months to Mar 2008).
October 27, 2008... Mangalore Chemicals & Fertilizers Ltd (MCF) has been ranked 271st in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' SUN TV NETWORK LIMITED (reports total income of Rs919.38 crore for the 12 months to Mar 2008).
October 27, 2008... Sun TV Network Limited (Sun TV) has been ranked 272nd in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' PRAKASH INDUSTRIES LIMITED (reports total income of Rs1,422.97 crore for the 12 months to Mar 2008).
October 27, 2008... Prakash Industries Limited (PIL) has been ranked 275th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' SUNDRAM FASTENERS LIMITED (reports total income of Rs1,354.55 crore for the 12 months to Mar 2008).
October 27, 2008... Sundram Fasteners Limited (SFL) has been ranked 276th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' BL KASHYAP AND SONS LIMITED (reports total income of Rs1,564.61 crore for the 12 months to Mar 2008).
October 27, 2008... BL Kashyap and Sons Limited (BKSL) has been ranked 277th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' KANSAI NEROLAC PAINTS LTD (reports total income of Rs1,639.51 crore for the 12 months to Mar 2008).
October 27, 2008... Kansai Nerolac Paints Ltd (KNPL) has been ranked 278th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD (reports total income of Rs1,158.34 crore for the 12 months to Mar 2008).
October 27, 2008... Hindusthan National Glass & Industries Ltd (HNGI) has been ranked 279th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' NAHAR INDUSTRIAL ENTERPRISES LTD (reports total income of Rs895.72 crore for the 12 months to Mar 2008).
October 27, 2008... Nahar Industrial Enterprises Ltd (NIEL) has been ranked 280th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' MATRIX LABORATORIES LTD (reports total income of Rs994.00 crore for the 12 months to Mar 2008).
October 27, 2008... Matrix Laboratories Ltd (MLL) has been ranked 281st in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' DEEPAK FERTILIZERS & PETROCHEMICALS CORPORATION LT (reports total income of Rs1,177.44 crore for the 12 months to Mar 2008).
October 27, 2008... Deepak Fertilizers & Petrochemicals Corporation Ltd (DFPCL) has been ranked 283rd in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' HEG LTD (reports total income of Rs996.19 crore for the 12 months to Mar 2008).
October 27, 2008... HEG Ltd has been ranked 286th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to 30 Jun 2007 have...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' IVR PRIME URBAN DEVELOPERS LTD (reports total income of Rs614.33 crore for the 12 months to Mar 2008).
October 27, 2008... IVR Prime Urban Developers Ltd (IPUD) has been ranked 288th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' IPCA LABORATORIES LTD (reports total income of Rs1,168.27 crore for the 12 months to Mar 2008).
October 27, 2008... Ipca Laboratories Ltd (ILL) has been ranked 289th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' ASHAPURA MINECHEM LIMITED (reports total income of Rs1,506.32 crore for the 12 months to Mar 2008).
October 27, 2008... Ashapura Minechem Limited (AML) has been ranked 290th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' CENTURY ENKA LTD (reports total income of Rs1,326.25 crore for the 12 months to Mar 2008).
October 27, 2008... Century Enka Ltd (CEL) has been ranked 291st in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to 30...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' NAVA BHARAT VENTURES LTD (reports total income of Rs968.99 crore for the 12 months to Mar 2008).
October 27, 2008... Nava Bharat Ventures Ltd (NBVL) has been ranked 292nd in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' MARICO LTD (reports total income of Rs1,584.96 crore for the 12 months to Mar 2008).
October 27, 2008... Marico Ltd has been ranked 293rd in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and data up to 30 Jun 2007 have...

BW REAL 500 RANKINGS: NON-FINANCE COMPANIES ' NAHAR SPINNING MILLS LTD (reports total income of Rs925.41 crore for the 12 months to Mar 2008).
October 27, 2008... Nahar Spinning Mills Ltd (NSML) has been ranked 294th in the Business World Real 500 listing of top non-finance companies in India. The rankings were based on the sum of total assets and total income for the year ended 31 Mar 2008 and...