KPIT Cummins Infosystems Ltd (BSE: 532400; NSE: KPIT) a specialist solutions partner to global manufacturing corporations, today announced a joint go-to-market partnership with SAP India. The partnership brings together KPIT Cummins’ deep domain expertise in Automotive & Indus…
Continue reading...TCL’s Sodium Bicarbonate plant operational in Netherlands
Tata Chemicals Limited (TCL), world’s second largest producer of Soda Ash, today announced the opening of a new hi-tech Sodium Bicarbonate plant adjacent to its Brunner Mond facility in Delfzijl. The highly automated plant uses surplus carbon dioxide from the soda ash plant as one of it…
Continue reading...Punj Lloyd bags Rs 649cr contract from IOC
Punj Lloyd, a specialist in Engineering, Procurement and Construction (EPC) services, has secured a Rs 649 crore contract for the Motor Spirit Quality (MSQ) Upgradation Project of Indian Oil Corporation Limited at Barauni Refinery, Bihar. Indian Oil Corporation Ltd (IOCL) has yet again e…
Continue reading...Suzlon enhances stake in REpower
Suzlon Energy Limited, the world’s fifth leading wind turbine maker with 10.5% of global marketshare, announced the acquisition of Areva’s total stake of approx 30% in REpower Systems AG of Germany. This acquisition consolidates Suzlon’s total holding in REpower to approximately 66…
Continue reading...ICICI Bank revises NRI deposit rates
ICICI Bank Ltd announced today that it has revised its interest rates on NRE Fixed Deposits and FCNR Deposits with effect from June 01, 2008.The interest rates on one year NRE Fixed Deposits have been increased to 3.16 % p.a. while one year FCNR Deposits denominated in US Dollars have bee…
Continue reading...Tata Comm attains ISO 20000 & 27001 Certifications
Tata Communications (NYSE: TCL), a leading provider of the new world of communications, announced today that it has successfully attained the International Organization for Standardization (ISO) 20000-1:2005 and 27001:2005 certifications for its Global Managed Services Operations in the a…
Continue reading...Maytas Infra wins washery reject coal-based EPC contract
Maytas Infra Limited, a Hyderabad based construction and infrastructure development company today announced that they have been awarded India’s first washery reject coal-based power plant contract of 120-megawatt (MW) capacity on a total Engineering, Procurement and Construction (EP…
Continue reading...Tech Mahindra signs deal with BTC
Tech Mahindra Limited (TechM), one of the largest solution providers in the telecom space and India’s 6th largest software exporter, today announced a multi-million dollar deal with Botswana Tele-Communications (BTC), a state owned telecommunication company of Botswana, Africa to prov…
Continue reading...mjunction registers a turnover of Rs 10,314cr in FY08
mjunction services limited, India’s largest eCommerce company, a JV between SAIL and TATA Steel, registered a milestone turnover of Rs 10,314 crore in FY’08. It unveiled ‘Vision 2013’ setting itself a target to generate a cumulative transaction value (T.V.) of Rs 50,000 crore by F…
Continue reading...Blue Star Infotech implements platform for GTL Infra
Blue Star Infotech (BSI), a leading provider of IT Solutions and Services in the Indian market and an Oracle Certified Partner, announced today that it has successfully implemented the Oracle E-Business Suite Release 11i for GTL Infrastructure. With plans for rapid growth, GTL Infrastruc…
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