3i Infotech, a global provider of IT solutions and the fourth largest Indian Software Product company*, has been awarded a “Capability Approval Certificate” by the STQC (Standardisation, Testing & Quality Certification) Directorate, Department of Information Technology (DIT), Gov…

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Parsvnath Developers Limited (PDL), India’s leading Real Estate Company with Pan India presence having diversified portfolio through its subsidiary, Parsvnath SEZ Limited (PSL) is setting up a pharmaceutical SEZ in Nanded, Maharashtra. The Bhoomi Puja ceremony and foundation stone layin…

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Larsen & Toubro Limited (L&T) has bagged four orders worth Rs 1687 crore from the Government of Rajasthan, Bhushan Steel-Orissa, SAIL Bokaro Steel Plant and the Damodar Valley Corporation (DVC). The orders are for water supply projects, sinter plant and cold roll mill and a coa…

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Ranbaxy Laboratories Limited (Ranbaxy) today announced that the Company has received authorization from Ministry of Health and Labour Welfare (MHLW-Japan) for marketing the generic version of Amlodipine tablets 2.5mg & 5mg. Amlodipine Tablet is the first independent product approval…

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To enhance its distribution reach, Principal PNB AMC has entered into a strategic alliance with South Indian Bank Ltd to distribute all its mutual fund products. As per the agreement, South Indian Bank will offer the entire bouquet of Principal PNB AMC’s products across its network of b…

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ICICI Bank, India’s second largest bank, announces the launch of the “Global Indian Account” facility. This facility, the first of its kind in India, addresses the comprehensive banking needs of Indians moving overseas. These customers, prior to their departure from India, will have…

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Ashok Leyland, the Hinduja Group flagship in India, has closed the year ended 31st March 2008 with an all-time high sale of 83,309 vehicles. Sales in the domestic M&HCV segment touched 76,023 numbers. Exports volumes are up 21% at 7,286 vehicles. Sales during March 2008 were 27% h…

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Pyramid Saimira Production International Limited, the production arm of Pyramid Saimira Group, has announced that it will be producing a total of 52 films this year. The Company has already completed 6 films in various languages and more than 7 films are under production in various langu…

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Mercator Lines (Singapore) Limited – MLS, subsidiary of India’s leading shipping company Mercator Lines Limited (MLL) has entered into an agreement with Tanagra Shipping, S.A. of the Republic of Panama to purchase a geared Panamax dry bulk carrier, “YK Titan”. This is the first ve…

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The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS) on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) further purchases should be made of equity shares of Vijaya Bank, through secondary mar…

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