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Posted on: July 8th, 2008 and is filed under Press Releases.

UTStarcom gets award from TEMA in India

UTStarcom, Inc. (Nasdaq: UTSI), today announced that it has received an “Excellence in Telecom Services and Solutions” award from the Telecom Equipment Manufacturers Association (TEMA) in India. The award, which was presented to the company by Thiru A Raja, Honorable Union Minister…

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Posted on: July 8th, 2008 and is filed under Press Releases.

Euro Ceramics declares interim dividend of 7.5%

The Board of Directors of Euro Ceramics Ltd (ECL) announced at its board meeting that they have declared an interim dividend @ 7.5% per equity share of the Face Value of Rs.10/- each. The decision to give interim dividend comes in the wake of excellent results by Euro Ceramics and better …

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Posted on: July 8th, 2008 and is filed under Press Releases.

L&T bags Rs 1047cr order from Railways

Larsen & Toubro Limited (L&T), India’s leading engineering, technology and construction company, has bagged a Rs. 1047.60 Crore order from the Indian Railways for setting up a Cast Steel Wheel Manufacturing plant in Saran (Chhapra) District of Bihar. The plant when commission…

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Posted on: July 8th, 2008 and is filed under Press Releases.

Euro Ceramics declares interim dividend of 7.5%

The Board of Directors of Euro Ceramics Ltd (ECL) announced at its board meeting that they have declared an interim dividend @ 7.5% per equity share of the Face Value of Rs.10/- each. The decision to give interim dividend comes in the wake of excellent results by Euro Ceramics and better …

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Posted on: July 7th, 2008 and is filed under Press Releases.

L&T bags transmission line order worth Rs 446cr

Larsen & Toubro Limited (L&T) has secured an order valued at Rs.446 crore from M/s. JSW Power Transco Limited for evacuation of power from the 1200 MW Power Project being set up by M/s. JSW Energy (Ratnagiri) Limited at Ratnagiri in Maharashtra. The Jaigad – Karad and Jaigad …

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Posted on: July 7th, 2008 and is filed under Press Releases.

Sunil Hitech recommends 12% dividend

The Board of Sunil Hitech Engineers Ltd, one of the fastest growing companies in the power sector, recommended a dividend of 12% on equity shares of Rs.10/- each, i.e., Rs. 1.20 per share, subject to shareholders’ approval. For the year ended March 31, 2008, PAT climbed 177.62% YoY…

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Posted on: July 7th, 2008 and is filed under Press Releases.

ICSA (India) secures orders worth Rs 79.88cr

ICSA (India) Ltd, the fastest growing company in the power sector has secured work order for a total contract value of Rs.79.88 crores from Ajmer Vidyut Vitran Nigam Ltd. for providing rural electricity infrastructure under Rajiv Gandhi Gramin Vidyutikaran Yojna of Banswara District, Raja…

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Posted on: July 7th, 2008 and is filed under Press Releases.

Pioneer Investments acquires 51% shareholding in BOB AMC

The Securities and Exchange Board of India (SEBI) has issued a no objection to the inclusion of Pioneer Global Asset Management SpA (Pioneer Investments) as a co-sponsor in BOB Mutual Fund. Consequently, Pioneer Investments has acquired a 51% shareholding in BOB Asset Management Company L…

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Posted on: July 7th, 2008 and is filed under Press Releases.

M&M tops USA dealer association satisfaction survey

Mahindra USA, the 100 per cent subsidiary of the $ 6.7 billion M&M Group was rated highest in Overall Satisfaction amongst tractor manufacturers in a survey conducted by the North American Equipment Dealers Association (NAEDA) – the apex dealer association in the USA. M&M’…

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Posted on: July 7th, 2008 and is filed under Press Releases.

iGATE expands operations in Chennai

iGATE (Nasdaq: iGTE), the Integrated Technology and Operations (iTOPS) company announced expanding its global delivery facility in Chennai. In addition to the existing two facilities in Chennai of over 1 lakh sq ft, iGATE will add a new 1.16 lakh sq. ft facility in the Special Economic Z…

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