BETHESDA, MD — (Marketwire) — 02/13/13 — India Globalization Capital, Inc. (NYSE MKT: IGC), a company competing in the rapidly growing materials and infrastructure industry in India and China, announced financial results for the Third Quarter Ended December 31, 2012.Ram Mukunda, CEO of India Globalization Capital, said, "We are pleased to report profitability this quarter due to our considerable efforts to realign and focus our equipment, processes, and people on the iron ore mining bus
BETHESDA, MD — (Marketwire) — 06/01/12 — India Globalization Capital, Inc. (NYSE MKT: IGC) (NYSE Amex: IGC), a company competing in the rapidly growing materials and infrastructure industry in India, announced today that its Board of Directors accepted the resignation of Director Danny Qing Chang, effective May 29, 2012. The Company also announced the creation of a board of advisors for China as part of its effort to increase expertise and presence. This board will include some of our key s
Transaction Closed as of December 31, 2011; Projected to Swing IGC to Profitability
BETHESDA, MD — (Marketwire) — 08/09/11 — (NYSE Amex: IGC), a company competing in the rapidly growing materials and infrastructure industry in India, announced that it has closed on a strategic partnership agreement to provide iron ore to Chinese steel mills.IGC entered into a strategic partnership agreement with Chinese iron ore mine H&F Ironman Ltd. to source ore from India. Ironman is a highly profitable Chinese company that mines ore in Inner Mongolia, which it sells to steel mills
BETHESDA, MD — (Marketwire) — 07/14/11 — India Globalization Capital, Inc. (NYSE Amex: IGC), a company competing in the rapidly growing materials and infrastructure industry in India, announced its financial results for the fiscal year ended March 31, 2011.Ram Mukunda, CEO of India Globalization Capital, said: "As we realigned our business from construction to materials and mining, we have deemphasized the construction portion of our business. This year we have written down three compon
