IL&FS Transportation unit wins contract from Portugal government

Mumbai-based IL&FS Transportation Networks Ltd said its Spain-based unit Elsamex SA and Portugal-based unit, Intevial Gestao Integral Rodoviaria SA (Intevial Portugal) in a consortium with local firms has emerged as the preferred bidder for maintenance of six roads contracts in various states in Portugal for three years.

The estimated total contract value is worth about Rs338.84 crore and the share of Elsamex SA and Intevial Portugal is Rs259.31 crore.

On Tuesday, IL&FS Transportation shares closed 1% higher at Rs307 on the Bombay Stock Exchange, while the Sensex ended at 0.3% up at 17,985 points.

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Subex wins 3-year ROC deal from European CSP

Bangalore-based Subex Ltd, operations and business support systems provider, said it has won multi-million dollar contract from the European CSP to implement ROC platform for interconnect billing and fraud management.

This multi-million dollar contract is for three years and covers six countries. Subex will provide its ROC interconnect billing and fraud management solutions to the service provider through managed services, it said in a regulatory filing.

On Tuesday, Subex shares gained 4% up at Rs57 on the Bombay Stock Exchange, while the Sensex ended at 0.3% up at 17,985 points.

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Aurionpro Solutions FY net profit remains flat to Rs40.31 crore

Mumbai-based Aurionpro Solutions Ltd said its consolidated net profit for the year ended 31 March 2010 was at Rs40.49 crore compared to net profit of Rs40.31 crore, a year ago.

During the period to end-March, the company’s total revenues increased to Rs336.7 crore from Rs274.4 crore, it said in a regulatory filing. The company is engaged in engineering business.

On Tuesday, Aurionpro Solutions shares closed 2.4% down at Rs256 on the Bombay Stock Exchange, while the Sensex ended at 0.3% up at 17,985 points.

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