Another Rural Story

A big chunk of revenues of Bajaj Electricals will come from rural electrification

Bajaj Electricals is known for its consumer appliances division (water heaters, mixers, food processors, microwave ovens, air coolers, steam and dry irons, electric kettles, etc) as also for its lighting and luminaries division. But it is the third division, engineering and projects (E&P), that is turbo-charging...

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Stock Talk

Under Pressure

In March 2009, New Delhi-based software company HCL Technologies had signed a $350 million, seven-year contract with Reader’s Digest Association (RDA). Will the deal now go for a toss? RDA has filed for bankruptcy under Chapter 11 of the US Bankruptcy Code. As per media reports, RDA’s filing is aimed at reducing its debt burden by 75% and strengthening its future financial...

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Unquoted

ScanPoint Geomatics (Rs25)

Ahmedabad-based ScanPoint Geomatics Limited (earlier known as ScanPoint Graphics) is engaged in the “development and customising services of geographical information system, image processing, global positioning system, computer-aided design and location based services and surveys.” It also does graphic designing and other pre-press activities. It claims to...

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