Larsen & Toubro Limited (L&T) has bagged orders totalling to Rs 344 crores from Power Grid Corporation of India Limited (PGCIL) for the construction of 755 km of transmission lines associated with Western Region System Strengthening Scheme-II. The scope of work for this project…

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Rediffusion | DYR, one of the top ten communications agencies in India has announced the appointment of Neville Medhora as Business Head. He will be responsible for prestigious accounts like CNBC, Bank of India, Tata Motors, KAYA, and Franklin Templeton. Neville comes on board with over a…

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Glenmark Pharmaceuticals Ltd. (GPL), one of India’s leading research-led, integrated pharmaceutical companies, today launched its topical antifungal cream Onabet (sertaconazole nitrate 2% cream) in the Indian market. Onabet, a benzothiophene imidazole agent has a broad spectrum of cove…

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The Board of Directors of Mahindra & Mahindra Limited at its Meeting held on 3rd May, 2008 have approved raising additional resources through issuance of Unsecured Fully and Compulsorily Convertible Debentures to Golboot Holdings Limited, an entity controlled by Goldman Sachs, detail…

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Strides Arcolab Limited (“Strides’) today announced that it has signed definitive agreements with Genepharm Australasia Limited (“GAA”). * Strides will vend its Australian and Asian business in exchange for the issue of shares in Genepharm, subject to approval of Genepharm sh…

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Reliance Industries Limited today announced that the company has signed a letter of intent with NOVA Chemicals to form a joint venture in the area of building and construction. This proposed new joint venture between RIL and NOVA Chemicals, with RIL having 51% shareholding and NOVA Chemi…

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Tricom India Ltd. (BSE Code: 531675 NSE: TRICOM,) a non-voice ITES service provider for global businesses has announced that its Board of Directors has approved acquisition of Godrej Global Solutions Ltd.(GGSL), a subsidiary of Godrej Industries Ltd. The acquisition will be completed in …

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Associated Alcohols & Breweries Ltd. (AABL), engaged in the manufacture of Indian Made Foreign Liquor (IMFL), has posted excellent results for the final quarter of the 2008 fiscal. For the year ending March 31, 2008, PAT rose 140.7% to Rs 561.53 lacs, compared to Rs 233.26 lacs in th…

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Glodyne Technoserve Limited (formerly Paradyne Infotech Limited) a leading Technology Infrastructure Management Services Company reported today its consolidated financial results for the quarter and financial year ending March 31, 2008 Highlights Consolidated results for the year ended …

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MindTree Ltd., a global IT and R&D Services Company, today announced that it has signed a definitive agreement with the largest shareholder of Aztecsoft Ltd. to acquire 32.57% at Rs 80 per share, which values the company at an equity valuation of USD 90 Million. MindTree will also a…

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