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Posted on: June 3rd, 2008 and is filed under Press Releases.

Welspun India bags 2 Awards

Dun and Bradstreet in association with ECGC (Export Credit Guarantee Corporation of India) have awarded Welspun India Ltd. with Indian Exporters Excellence Award and the Emerging Exporter of the Year Award in Textile Segment at an event held in Mumbai. Speaking at the award ceremony, Mr….

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Posted on: June 3rd, 2008 and is filed under Press Releases.

HCL Infosystems takes a new leap with Intel Atom

Keeping its commitment to Indian customers of bringing them the very best in latest technology, HCL Infosystems Limited, India’s premier information enabler and country’s leading ICT system integrator and Distribution Company announced shipment of its PCs based on Intel Atom t…

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Posted on: June 3rd, 2008 and is filed under Press Releases.

Sunil Hitech awarded OHSAS-18001 safety certification

Sunil Hitech Engineers Ltd, one of the fastest growing companies in the power sector specializing in Fabrication, Erection, Testing and Commissioning of Thermal Power has been awarded the “Occupational Health and Safety 18001 safety certification by international certification serv…

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Posted on: June 3rd, 2008 and is filed under Press Releases.

ABB India wins Rs 295cr orders for 1200 MW power plant

ABB in India has won orders worth Rs 295 crores to provide power solutions for JSW Energy for its upcoming 4 x 300 MW thermal power plant in Ratnagiri in the state of Maharashtra in Western India. The orders are for a range of power solutions including, electrical balance of plant, 400kV …

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Posted on: June 3rd, 2008 and is filed under Press Releases.

Emami announce open offer to Zandu at Rs 7315/-

Emami Limited, the Rs. 600 cr FMCG major announced an open offer to buy stakes up to 20% from shareholders of Zandu Pharmaceutical Works Ltd. The open offer will be priced at Rs 7315 against last 26 weeks average price of Rs 6807.07 and that of last two weeks’ average price of Rs 7136.9…

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Posted on: June 3rd, 2008 and is filed under Press Releases.

RIL’s Hazira unit bags Golden Peacock Award

Reliance Industries Limited’s Hazira Manufacturing Division won the ‘Golden Peacock Award for Combating Climate Change – 2008’ (GPACCC). The award was presented to RIL at a special gala awards event at the Global Convention on Climate Change held on May 30, 2008 at Him…

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Posted on: June 2nd, 2008 and is filed under Press Releases.

Sterlite Inds to buy operating assets of ASARCO for $2.6bn

Sterlite Industries (India) Limited (“Sterlite”), a subsidiary of Vedanta Resources plc, the London-based FTSE 100 metal and mining group, and ASARCO LLC (“Asarco”), a Tucson based mining, smelting and refining company, announced today that they have signed a definitive agreement …

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Posted on: June 2nd, 2008 and is filed under Press Releases.

Atul signs contract with Stamicarbon BV

Atul Ltd – one of India’s leading specialty chemicals companies – and Stamicarbon B.V, The Netherlands – the DSM Licensing Center (DLC) – have signed a long term contract for exclusive manufacture and supply of a polymer performance additive based on Phosgene Chemistry. …

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Posted on: June 2nd, 2008 and is filed under Press Releases.

M&M FES records 26% gwth in tractor sales in May 2008

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the U.S. $6.7 billion Mahindra Group, significantly consolidated its leadership position in the tractor industry in May 2008. Domestic sales of tractors of M&M Ltd., Punjab Tractors Ltd. and Mahindra Gujarat Tract…

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Posted on: June 1st, 2008 and is filed under Press Releases.

GoI announce sale of two dated securities for Rs 10,000cr

The Government of India have announced the sale (re-issue) of “8.24 per cent Government Stock 2018” for a notified amount of Rs. 6,000 crore (nominal). The Government of India have also announced the sale (re-issue) of “7.95 per cent Government Stock 2032” for a notified a…

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