Standard & Poor’s Ratings Services said today it withdrew its ‘B’ corporate credit rating on India-based calcined petroleum coke producer, Rain Calcining Ltd. (RCL). At the same time, Standard & Poor’s also withdrew its ‘B’ rating on the US$39…

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Havells India Limited today announced its results for Q4FY2007-08. Reflecting on the performance, Mr. Anil Gupta, Joint Managing Director, Havells India, said: “We have had a significant performance on the back of strong growth witnessed in the domestic and international arena both. �…

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Hole-in-the-Wall Education Ltd. (HiWEL) -an initiative of NIIT, a leading Global Talent Development Corporation and International Finance Corporation-has been conferred the coveted ‘Digital Opportunity Award’ for its path breaking work in spreading computer literacy and improv…

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Firstsource Solutions (NSE: FSL), a leading global BPO services provider and Bharti Airtel, India’s largest private telecom services provider, today announced that they have signed a three-year outsourcing agreement. Firstsource will provide a suite of BPO services covering both vo…

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J C Penny, US one of the largest retailers in the World has awarded Welspun India Ltd. with the Supplier of the Year Award for ‘Quality’ in home products at a summit held in Plano, Texas, US. This award reinstates Welspun’s credibility to make products with the highest quality. This…

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J C Penny, US one of the largest retailers in the World has awarded Welspun India Ltd. with the Supplier of the Year Award for ‘Quality’ in home products at a summit held in Plano, Texas, US. This award reinstates Welspun’s credibility to make products with the highest quality. This…

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A meeting of the Board of Directors of Bajaj Finserv Limited was held today to consider and approve the results for the financial year 2007-08. During the year under review, the Hon’ble High Court of Judicature at Bombay approved the scheme of arrangement of demerger of the erstwhile B…

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ITC’s Packaging & Printing Business’ Chennai unit has received a Level 8 rating in the International Quality Rating System (IQRS). IQRS Level 8 is the highest rating any company has received in India till date. IQRS has been developed by DNV, Norway and is an amalgam of I…

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HDIL has posted a total income of Rs.989.48 crores for the Fourth Quarter 2007 – 2008, reflecting a growth of 92.03% over the Third Quarter 2007 -2008. The Profit Before Tax (PBT) for the latest quarter stood at 809.32 crores as compared to 307.42 crores in the Third Quarter. The Net P…

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GMR Infrastructure Limited (GIL), is pleased to release its consolidated financial performance as approved by the Company’s Board in its meeting held on 20th May, 2008. The highlights of the financial performance are presented below Highlights for Q4 FY 2008: • Gross Revenues up 4…

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