Standard & Poor’s Ratings Services said today that India-based telecommunication operator Bharti Airtel Ltd.’s (BBB-/Stable/–) recent announcement on holding an exploratory discussion with South Africa-based MTN Group Ltd., by itself, would not have an impact on th…

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Minister for Science and Technology, Mr. Kapil Sibal on his recent visit to Finland singed an Agreement with the Government of Finland to collaborate in the area of Science & Technology with a focus on Innovation. Confederation of Indian Industry and Finpro are collaborating to take …

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Tata Teleservices (Maharashtra) Limited (TTML), one of the youngest and fastest growing telecom service providers across Maharashtra & Goa today announced an industry first value added service that permits subscribers to assign up to 15 different ‘Welcome Tunes’ from the latest…

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Blue Star’s Total Income grows 41% to Rs 2270 crore in FY08. Net Profit surges by 145%. Financial Performance for 2007-08 * Central airconditioning and commercial refrigeration major Blue Star Limited reported Total Income of Rs 2270.09 crore for the year ended March 31, 2008,…

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LIC & Corporation Bank today announced their alliance with PayMate to enable SMS-based insurance premium payments for its customers in an easy, efficient and secure way. Corporation Bank customers with LIC insurance policies can avail this service by getting registered with PayMate. …

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Infotech Enterprises Limited, a Global Technology Solutions provider, head quartered at Hyderabad, announced today that it has been awarded a three year contract to provide solutions in GIS & data management services to Powercor Australia Ltd, one of the largest electricity distribut…

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Reliance received the PE 100 certification from M/s Bodycote, Sweden for the product PE pipe grade Relene 46GP003, manufactured at Gandhar. This certification has enabled Reliance’s entry into the select group of 11 manufacturers to have received the PE 100 certification amongst 440 PE …

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Batliboi Ltd., one of India’s leading Engineering companies, today announced its Audited Consolidated Financial Results for the year ended 31st March 2008. The financial highlights of the year ended 31st, March 2008 are given below: * The company’s consolidated Gross Re…

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Fitch Ratings has today assigned a National Issuer rating of ‘BBB+(ind)’ to Nectar Lifesciences Limited (Neclife). At the same time, Fitch has assigned a ‘BBB+(ind)’ rating to its INR1000 million long-term bank loans and ‘F2+(ind)’/’BBB+(ind)&#821…

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Titagarh Wagons Ltd (TWL), one of the leading private sector wagon manufacturers in India, has reported a 108% jump in its net profit at Rs 60.56 crore in the financial year ended March 31, 2008 as against Rs 29.18 crore in the year ago period. The board has recommended dividend of Rs 5 p…

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