As part of expanding the data centres, he said the company has proposed Rs 300 crore investment to set up such a centre in Gandhi Nagar, Gujarat, besides expanding the existing centre in Kolkata.
Stocks likely to be in the news are: Reliance Industries, Future Consumer Enterprise, Max India, SMS Pharmaceuticals, Tube Investments of India, Ricoh India, Jaiprakash Associates, Bosch, BF Utilities, Reliance Capital.
The business zone will serve as a one-stop destination for other companies, as they will get support of Ricoh's IT and communication infrastructure to run their operations.
According to IDC, Ricoh led copier based Laser MFP market, with a market share of 25.18 per cent in first half of 2015.
"Through this alliance, Ricoh initially proposes to deploy multi-functional printers (MFPs) at various kendras located pan India," it says in a statement to exchanges.
Tata Steel | SBI | Indiabulls Housing Finance | SpiceJet | Coal India | Wockhardt | Kotak Mahindra Bank | ICICI Bank | Axis Bank | IndusInd Bank | Yes Bank | NMDC | Prabhat Dairy | Valecha Engineering | Tilaknagar Industries | Shree Renuka Sugars and Dr Reddy's Laboratories are stocks, which are in the news today.
Sudarshan Sukhani of s2analytics.com recommends exiting Ricoh India.
Ricoh India has launched a web based multi-specialty application called Picasso that will make healthcare business affordable and accessible, says Manoj Kumar, Managing Director and CEO of the company.
A web based multi-specialty cloud-enabled solution, Picasso offers benefits to patients, radiologists, consultants and hospitals.
Manoj Kumar, managing director of Ricoh India, discusses company's performance for the fourth quarter and future outlook.
According to Manoj Kumar of Ricoh India growth in core products and IT services helped boost topline in Q3. The IT services saw a growth of 200 percent in the quarter, he added.
Gaurav Bissa of LKP Securities feels that Ricoh India may test Rs 325.
"We hope to start getting revenue from this new order from this year," Manoj Kumar, executive vice president and CEO of Ricoh India said.
Ricoh India has got an order worth Rs 1,370 crore from Department of Posts, Government of India towards five-year project of Rural Information and Communication Technology (ICT).
"In the last three years we have posted a compounded annual growth rate of 50 percent. There is no reason why we cannot repeat that performance this year as well," Manoj Kumar, EVP & CEO, Ricoh India said.
Ricoh India has reported a standalone sales turnover of Rs 226.79 crore and a net loss of Rs 0.21 crore for the quarter ended Dec '13
Ricoh India has reported a sales standalone turnover of Rs 296.23 crore and a net profit of Rs 0.03 crore for the quarter ended Sep '13
With an aim to attain full ownership, Japan's Ricoh plans to acquire up to 1.04 crore shares of Ricoh India from the public, representing 26.40 per cent stake, and delist the shares from BSE.
Ricoh India's 48 percent rise in income in Q4 is mainly due to its foray into production, printing, IT services and laser printers, says Manoj Kumar, senior vice-president & CFO, Ricoh India. For the full year, the company posted a turnover of Rs 633 crore.
Ricoh India has reported a standalone sales turnover of Rs 136.40 crore and a net loss of Rs 26.35 crore for the quarter ended Dec '12
Stocks in news: Tech Mahindra | Vijaya Bank | DLF | Aarti Industries | Redington | Alembic Pharma | Ricoh India | Gati and Jaypee Infra are stocks which are in news today.
Ricoh India announced around 5 percent increase in the prices of their office products, with effect from 1st June 2012.
Ricoh India has reported a sales turnover of Rs 162.50 crore and a net profit of Rs 12.73 crore for the quarter ended Mar '12
Ricoh India has reported a sales turnover of Rs 103.74 crore and a net loss of Rs 11.18 crore for the quarter ended Dec '11
Ricoh India has reported a sales turnover of Rs 98.99 crore and a net profit of Rs 1.80 crore for the quarter ended Sep '11