Agency / Source: Ogilvy Public Relations

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Goldstone Teleservices is Now Goldstone Infratech - To focus on new technology products in infrastructure [BSE: 532439; NSE:GOLDTELE]
Goldstone Teleservices is Now Goldstone Infratech

 

PRZOOM - /newswire/ - Hyderabad, Andhra Pradesh, India, 2007/10/31 - To focus on new technology products in infrastructure [BSE: 532439; NSE:GOLDTELE].

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services / Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Goldstone Teleservices Limited, the largest Indian manufacturer and suppliers of Composite Insulators, has decided to change its name to “Goldstone Infratech Limited” (GIL).

The name is in line with the company’s new thrust areas in infrastructure and technology products related to infrastructure.

Commenting on this development, Mr L.P Sashikumar, Managing Director, Goldstone Teleservices Ltd said, “There are many emerging opportunities that the company is looking at and a name that is more in line with the target business was needed.”.

Goldstone Teleservices has achieved a turnover of Rs. 280 million against Rs.108 million registering a growth of 260%, by the end of second quarter. There has been a rise in net profit from Rs.10.1 million to Rs 41.2 million registering a growth of 400%.

“Currently the R&D center is working on the development of various high performance Silicone rubber based Polymer compounds for different electrical applications. Recently the company has developed a Field Joint Coating System for Oil & Gas Pipeline protection which is manufactured for the first time in India”, added Mr. Sashikumar.

The Company expects to start production of the corrosion protection sleeves for the Oil and Gas Pipelines by the end of the financial year.

The company has started focusing on the export market of Composite Insulators. It is presently executing an export order valued at Rs.10 million to Kenya and expects exports to contribute sizable revenues next year.

To broadbase its Board, the company has also appointed Mr M Gopalakrishna as an Independent Director. A retired IAS officer, he holds administrative and managerial experience of over four decades in the Government and Public Sector power utilities.

About Goldstone Infratech Ltd

Hyderabad based Goldstone Infratech Ltd. (formerly Goldstone Teleservices Ltd.) is part of highly diversified Goldstone Group of Companies.

Goldstone Infratech Ltd is an ISO 9001-2000 certified company engaged in the manufacture of Composite Insulators & Telecom Cable Jointing Kits. It was the first company in the country to start manufacture of Composite Insulators & is the only company in India to have facilities for manufacturing Polymer Compounds for complete range of Insulators from 11kv to 400kv. The Company pioneered a revolution in Composite Insulators technology in India through extensive in-house R & D. It’s R & D center is recognized by Department of Scientific & Industrial Research, Govt. of India.
The Company is planning to manufacture & develop value added products in the Power & Energy sector and is in the process of setting up plant for manufacture of Corrosion Protective Sleeves for Oil & Gas Pipeline for which the Polymer Compound has been developed by in-house R & D.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services / Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Ogilvy Public Relations

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
IT Services / Network Management articles,
CATCH Visitors via Your Competitors Announcements!


Goldstone Teleservices is Now Goldstone Infratech

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Sreekar Reddy - Ogilvy.com 
+91 98 66110032 sreekar.reddy[.]ogilvy.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Ogilvy Public Relations securities in any jurisdiction including any other companies listed or named in this release.

IT Services / Network Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Ogilvy Public Relations / Company Profile


Read IT Services / Network Management Most Recent Related Press Releases:

RUCKUS Networks Announces Next-Generation AI and Wi-Fi 7 Solutions for Every Tier within the Hospitality Industry
Liberty Global Chooses CommScope to Support DOCSIS 4.0 DAA Deployment in Europe
ElastiFlow and Rohde & Schwarz Collaborate to Deliver Unmatched Network Traffic Insights
ScienceLogic’s Skylar™ AI Suite Earns Recognition in the 2025 Stevie American Business Awards
eCommunity™ Fiber Drives Smart City Infrastructure with Adtran’s Open Fiber Access Solution
Siemens Applauded by Frost & Sullivan for its Open, Efficient, and Interoperable Data Center Solutions and Market-leading Position
Moratelindo Selects Ribbon for Enhanced Submarine Network Capabilities
Yokogawa to Acquire Web Synergies - A Provider of IT and Integrated IT/OT Solutions
Aprecomm Applauded by Frost & Sullivan for Revolutionizing ISP Network Management with its AI-driven Smart Home Solutions
Ascenty Applauded by Frost & Sullivan for Delivering Future-Ready, World-Class Data Center Infrastructure Solutions and its Market-Leading Position

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  RightITnow, Inc.







 
  ©2005-2025 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today