Biocon’s Q1FY08 results were in line with expectations. Sales growth was driven by a strong performance in the biopharma segment, which benefited from a license fee of Rs 150mn-160mn on G-CSF, and increasing traction in the services business..

Higher spot cargo volumes continue to drive growth : Petronet LNG (PLL) clocked strong results for Q1FY08 led by higher spot cargo volume sales. Price realisations also improved, but at a slower-than-expected pace, translating into revenues of Rs 15.5bn as against our estimate of Rs 16.8bn

Infosys’ Q1FY08 results have been above our expectations at net profit levels. Revenue growth, however, was lower than anticipated due to slower volume growth. Net profit was bolstered by higher other income and a tax write-back. Even after excluding the tax write-backs of Rs 510mn and Rs 1,250mn that occurred….

Saregama India Ltd, formerly known as the Gramophone Company of India , is India largest and most popular music recording company. The company has a music library of more than 3 lakh songs and covers more than 50% of the songs recorded in the country….

Mercator Lines is the second largest private sector shipping company in India . Its fleet comprises very large crude carrier (VLCC), tankers and dry bulk ships amongst others. Through its Singapore-based subsidiary, the company is aggressively building its dry bulk tonnage…