Dabur Pharma Ltd. (NSE: DABURPHARM, BSE: 532545), India’s leading oncology player, today announced that it has recently signed an agreement with Government Pharmaceutical Organization (GPO) of Thailand for generic version of one of its key anticancer products. Mr. Ajay Kumar Vij, CEO D…
Continue reading...Fitch downgrades & withdraws Rajshree Sugars rtg
Fitch Ratings has today downgraded the rating of India’s Rajshree Sugars & Chemicals Limited’s (RSCL) INR600 million commercial paper programme from ‘F1(ind)’ to ‘F2(ind)’, and simultaneously withdrawn the rating. The company has confirmed there is…
Continue reading...Israel Discount Bank selects FLEXCUBE for Int’l operations
i-flex® solutions (Reuters: IFLX.BO & IFLX.NS), a leading provider of IT solutions to the global financial services industry today announced that Israel Discount Bank (IDB), one of Israel’s leading financial groups has chosen FLEXCUBE® as its core banking platform for its UK ope…
Continue reading...Unity bags orders worth Rs 221.85cr
Unity Infraprojects Limited, one of India’s largest civil contractors, has bagged two orders worth Rs. 221.85 crores. The company will be constructing a Mall and Hotel, multiplex building at Viman Nagar, Pune for Vamona Developers Pvt Ltd for an estimated value of Rs 133.59 crores. …
Continue reading...Logix Microsystems announce DCH Auto Grp selects izmocars
Logix Microsystems Ltd. India’s premier software and platform development company announced today that DCH Auto Group has selected izmocars to develop several of the company’s online stores, provide search engine marketing and offer Internet sales training to a number of its d…
Continue reading...Yes Bank total income up 75.9% to Rs 494.3cr for Q4FY08
The Board of Directors of YES BANK Ltd. took on record the audited results for the year ended March 31, 2008 and un-audited Q4-FY2007-08 results at its meeting held in Mumbai today. Total income for Q4-FY2008 was up 75.9% to Rs.494.3 crore as compared to Rs. 281.09 crore for Q4-FY2007. O…
Continue reading...Ranbaxy & DBT collaborate in the area of NDDR
Ranbaxy Laboratories Limited (Ranbaxy) has entered into a collaborative research agreement with the Department of Biotechnology (DBT), New Delhi, in the area of New Drug Discovery Research (NDDR). The research will be conducted under the aegis of DBT’s major initiative in the area of tu…
Continue reading...Garware Offshore Services purchase 5 new vessels
Garware Offshore Services Limited, a Company engaged in the business of owning and operating offshore vessels, announced its plans to buy three anchor handling tugs-cum-supply vessels for ~ $ 13.5 million – $ 15.5 million each. Two of the three vessels will be are scheduled for deli…
Continue reading...Gitanjali Gems presents diamond studded cricket ball
The Rs. 3500-crore Gitanjali Gems Ltd., India’s largest integrated diamond and jewellery manufacturer and retailer, is proud to present a diamond-studded cricket ball to the man-of-the-match of the recently concluded ICL Edelweiss 20s challenge. Gitanjali Gems Ltd also gifted diamon…
Continue reading...id8 Labs plans to raise USD 6-8mn through private equity
id8Labs, one of the country’s leading online and digital marketing agencies, is planning to raise upto USD 6-8 million through private equity in the next three months. Confirming this, Amit Tripathi, Managing Director, id8Labs said, “We have appointed Viedea Capital Advisors to assis…
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