Cut temporary workforce in factories: Experts
August 31st, 2012 - 12:39 am ICT by IANS
Chennai, Aug 30 (IANS) At a time when multi-national and domestic companies employ temporary workers on a large scale resulting in industrial unrest, there is a need to reverse the ... Read more...
Posted in Business |
Carborundum Universal turns acquisitive in South Africa
June 19th, 2012 - 11:29 pm ICT by IANS
Chennai, June 19 (IANS) Abrasives major Carborundum Universal Ltd (CUMI) Tuesday announced the signing of a binding agreement with Austrian company RHI to acquire the latter's wholly-owned fused minerals subsidiary ... Read more...
Posted in Business |
Carborundum Universal logs 60 percent growth in profit
November 5th, 2011 - 7:56 pm ICT by IANS
Chennai, Nov 5 (IANS) Abrasives major Carborundum Universal Ltd (CUMI) closed the second quarter of the current fiscal with 24 percent growth in sales and 60 percent in net profit.In ... Read more...
Posted in Uncategorized |
Carborundum Universal posts Rs.52 crore net profit
August 5th, 2011 - 7:44 pm ICT by IANS
Chennai, Aug 5 (IANS) Abrasive major Carborundum Universal Ltd (Cumi) closed the first quarter of the current fiscal with a net profit of Rs.52 crore on a revenue of Rs.465 ... Read more...
Posted in Uncategorized |
Carborundum grows net by 68 percent in 2010-11
May 2nd, 2011 - 8:36 pm ICT by IANS
Chennai, May 2 (IANS) Abrasives major Carborundum Universal (CUMI) closed fiscal 2010-11 with sales and net profit growth of 25 percent and 68 percent, respectively, over the previous year, the ... Read more...
Posted in Business |
Carborundum Universal’s profit logs 56 percent Q3 growth
January 27th, 2011 - 10:41 pm ICT by IANS
Chennai, Jan 27 (IANS) City-based abrasives major Carborundum Universal Ltd (CUMI) posted a 25 percent growth in its consolidated sales and 56 percent net profit for the third quarter ending Dec 31.Part ... Read more...
Posted in Business |
Carborundum Universal Q2 net profit grows 55 percent
October 27th, 2010 - 8:20 pm ICT by IANS
Chennai, Oct 27 (IANS) Abrasives major Carborundum Universal Ltd (CUMI) closed the second quarter of the current fiscal with a consolidated revenue and profit growth of 26 percent and 55 percent respectively.The ... Read more...
Posted in Business |
Carborundum Universal to restructure Chinese joint venture
July 31st, 2009 - 9:38 pm ICT by IANS
Chennai, July 31 (IANS) Abrasives and ceramics manufacturer Carborundum Universal (CUMI) is planning to restructure its Chinese operations by hiving off its abrasives business into a new subsidiary.
"The Chinese operations ... Read more...
Posted in Business |
Carborundum Universal acquires South African firm
July 3rd, 2008 - 9:49 pm ICT by IANS
Chennai, July 3 (IANS) Abrasive manufacturer Carborundum Universal Ltd (Cumi) is acquiring 51 percent stake in the $16 million Foskor Zirconia Ltd, a South Africa-based zirconia and fumed silica maker. The acquisition ... Read more...
Posted in Business |