NCR Corporation (NYSE: NCR) today announced it has selected Pradeep Sen as its new managing director for the India Area, which comprises India, Nepal and Sri Lanka. Sen brings to NCR over 20 years of relevant experience in the information technology (IT) industry. Based in Mumbai, Sen w…

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CARE assigned ‘CARE AA-’ (Double A Minus) rating to the long-term bank loans / facilities and ‘PR 1+’ (PR One Plus) rating to the short-term bank loans / facilities of Sadbhav Engineering Limited (SEL) for an aggregate amount of Rs 944.16 cr, including- outstanding term loan (as o…

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Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, business solutions and outsourcing organization, today announced that three of its pioneering e-governance projects won National e-Governance Awards 2007-08 instituted by the Government of India. These …

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CARE, assigned ‘CARE AA+’ [CARE Double AA (Plus)] rating to the proposed bonds issue aggregating Rs.300 crore of PNB Housing Finance Ltd (PNBHF). Instruments with this rating are considered to offer high safety for timely servicing of debt obligations and carry very low credit risk. …

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CARE has assigned ‘CARE AA-’ (double A minus] rating to the long-term bank loans / facilities of Elecon Engineering Company Ltd. (EECL). This rating is applicable for facilities having tenure of over one year. Also, CARE assigned ‘PR 1+’ [PR One Plus] rating to the short-term ban…

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Geometric Technologies, Inc., a subsidiary of Geometric Ltd. and an industry leader in developing advanced manufacturing software and cutting?edge point productivity solutions, today announced the release of its version 6.1 of “eDrawings® for Pro/ENGINEER®”, with support for Wildfir…

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Car market leader Maruti Suzuki India Limited has achieved another significant milestone today. The cumulative exports of India’s leading carmaker today crossed half a million mark i.e. 500,000 units. As the ship liner, “Goliath Leader” left Mumbai port on 28th February, carrying…

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Core Projects & Technologies Ltd. is pleased to announce that Shareholders of the Company at their meeting held on 27 February 2008 approved the issue of 4,50,000 warrants to “TGS Investment & Trade Pvt. Ltd.” the Private Equity Arm of the A V Birla Group on preferential bas…

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NIIT Technologies Limited, the global IT solutions organization, today announced that it has acquired German-based SofTec GmbH, a specialist in providing IT solutions and services in the airline revenue accounting and operations space. The acquisition will further strengthen NIIT Technolo…

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Oceanus has teamed up with Sonata Software Limited to enhance their development of integrated Case Management Solutions and Environment Management Solutions, which are specifically designed for customer service environments. As a result of this partnership, Oceanus is increasing its bandw…

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