CanvasM, a joint venture between Tech Mahindra & Motorola Inc., has been awarded the Best Start-Up Company at the Mobile Content Awards ’08 held in London. This award was announced by Vision Gain, UK based telecom research and publishing company at London. As one of the finalis…
Continue reading...Corporation Bank launches CorpCompassion
1] Corporation Bank launched CorpCompassion – A Feature Rich Savings Bank Account today. The product was formally launched by Shri M Narendra, Chief General Manager of the Bank. Shri A Mohan Rao, General Manager addressed the Press. Shri M P Kunju, General Manager, Retail Banking wa…
Continue reading...FM opens 101 SBI branches on-line with a click
Living upto its reputation of creating milestones in Indian banking, State Bank of India today created another milestone by simultaneously opening 101 Branches across the country. The Branches were inaugurated online by the Union Finance Minister, Shri P. Chidambaram at an elegant functio…
Continue reading...PPAP’s net profits grown by 39% to Rs 1938.63lacs
The Board of Directors of Precision Pipes and Profiles Co. Limited (PPAP) has recommended 30% dividend for the year 2007-08. The dividend is on enhanced capital base of Rs. 1400 Lacs and will result in a payout of Rs. 420 Lacs. The total income of the Company has registered a growth of 1…
Continue reading...Tata Comm launches Telepresence services worldwide
Tata Communications (NYSE: TCL) announced the launch of its Telepresence services, the first ever offering to deliver both private and public Cisco TelePresence rooms to businesses across the world. This groundbreaking service will enable a broader ecosystem of connected rooms for enterpr…
Continue reading...SAIL signs MOU with SCI to form Shipping JVC
In keeping with Steel Authority of India Limited (SAIL)’s strategy to form strategic alliances with related business companies, a memorandum of understanding (MOU) was signed today with Shipping Corporation of India Limited (SCI) to promote a Joint Venture Company (JVC) primarily to…
Continue reading...Tackling malnutrition can boost GDP by 1%
One-third to one-half of all child deaths in India are due to malnutrition, making it one of the biggest causes of child deaths in the country, said Dr Victor Aguayo, Chief, Child Nutrition and Development, UNICEF. For the country to tackle this crisis effectively, the root cause of malnu…
Continue reading...DHFL increases RPLR by 50 bps for existing customers
Dewan Housing Finance Corporation Limited (DHFL), India’s second largest private sector housing finance company, today announced the hike in its retail prime lending rate (RPLR) for its existing customers by 50 basis point. The increase in the rate will be effective from 01, July 2008. …
Continue reading...Zicom’s net PAT of Rs 8.04cr
Zicom Electronic Security Systems Limited (BSE Code: 531404), one of the leading electronic security solutions providers in India, announced its audited financial results for the fiscal year ended March 31, 2008. At the Board Meeting held today, the Company declared its consolidated fina…
Continue reading...Ansal API’s cons revenue up 14.72% to Rs 1,011.36cr
Ansal API, a leading real estate developer in India today announced Annual Audited Results for FY08. It recorded consolidated revenues of Rs 1,011.36 crore for the year ended March 31, 2008, an increase of 14.72% from Rs 881.56 crore in FY07. EBIDTA stood at Rs 274.29 crore, an increase…
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