Rolta India Ltd on Friday announced the acquisition of Canada-based software and integration company Orion Technology Inc for an disclosed amount.
Rolta India is planning to set up a sensor manufacturing plant even as it aims to touch the Rs 1,000 crore (Rs 10 billion) turnover mark by the end of financial year 2007-08.
Two mid-sized Indian companies - Rolta India and Nestle India have been named among 300 top challengers to the world's leading blue chip firms, complied by leading global index provider Standard and Poor's.
Rolta India Ltd has posted a net profit of Rs 156.07 million for the quarter ended December 31, 2002 as compared to Rs 155.01 million in the quarter ended December 31, 2001.
Rolta India plans to set up an information technology park in Kolkata at an investment of Rs 250 crore as part of its expansion plan.
An alleged cow smuggler was lynched by a mob while his four accomplices were apprehended by police with the help of local people after nearly four hours of chase in the forests in Sirmaur district of Himachal Pradesh on Friday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The arrested person, who is a local resident, is being interrogated to get more information about the incident and the persons involved in the attack and some more accused may be identified, he said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
IT sector wants STPI benefits extended for one year in this Budget.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
The Indian Army, placing traditional weapons above high-technology, says that equipping the army's 800-plus combat units with a Battlefield Management System would cost an unaffordable Rs 500 billion to Rs 600 billion, reveals Ajai Shukla.
Eyes Rs 10,000 cr revenue mark despite focusing less on manufacturing, more on system integration
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
With more favourable view on Indian economy and business environment under the Narendra Modi government, the risk premium for Indian papers began to climb down.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
'... it must network its battlefield units quickly, securely, robustly,' notes Ajai Shukla.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
Indices reversed all its losses during late trades.
In first half of year, firms raise more than banks on low US treasury rates.
'Their redemption is here. Definitely not in Pakistan.' 'They know if they step 20 steps on the other side of the Line of Control they will never return.' 'They will be ill treated.'
Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
'That cannot be done till they roam around free, get money from Pakistan and seek attention.' 'The cycle of violence was very cleverly generated.' 'During night patrolling when it was discovered that dumper trucks were unloading heaps of stones in various places, it was the first indicator that there would be trouble.' 'Wherever stones were dumped, the stones were taken by the police to construction sites.' 'It was a laborious task, but we did it rigorously.' 'We had to use some smart tactics and soft skills to defeat the cycle of violence.''