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Posted on: February 28th, 2008 and is filed under Press Releases.

BOC’s net profit after tax for 9mths stood at Rs 61.66cr

BOC India limited, now a member of The Linde Group declared its audited financial results for the 9 months ended 31 December 2007 today. The Company had earlier taken a decision to close its financial accounts for a period of 9 months ended 31 December 2007 to align its accounting year w…

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Posted on: February 28th, 2008 and is filed under Press Releases.

Parsvnath starts construction of group housing project

Parsvnath Developers Ltd., India’s leading real estate developers, today announced the start of construction of ‘Parsvnath Preston’, a high-end group housing residential project, in Sonepat, Haryana. The expected realization from the project is over Rs 500 crore in next 3 years incl…

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Posted on: February 28th, 2008 and is filed under Press Releases.

Kale Consultants appoints Vineet Malhotra as VP-Marketing

Kale Consultants, the leading solutions provider to the Airlines, Logistics and Travel (ALT) industry, recently appointed Vineet Malhotra as the Vice President – Marketing, in its aim to intensify marketing and branding focus towards its stakeholders. In this capacity, Vineet will spear…

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Posted on: February 28th, 2008 and is filed under Press Releases.

K S Oils floats Singapore subsidiary

K S Oils Limited, one of India’s leading integrated edible oil company’s and the leader in the Packaged Mustard Oils business, today announced that K S Oils Limited is floating K S Natural Resources Pte. Ltd., its subsidiary in Singapore. K S Natural Resources Pte. Ltd., Singapore wou…

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Posted on: February 28th, 2008 and is filed under Press Releases.

LIC Hsng Fin launches reverse mortgage for senior citizens

LIC Housing Finance Ltd (LICHFL), a leading player in the Indian housing finance sector, rolls out reverse mortgage loans for senior citizens above 60 years of age. The loan will be given on single or on joint basis with the spouse, if the spouse is over 60 years. The reverse mortgage …

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Posted on: February 28th, 2008 and is filed under Press Releases.

Bharat Forge to raise Rs 300cr through preferential offer

Bharat Forge Limited., the flagship company of the USD 2.1 billion Kalyani Group and a leading global ‘Full Service Supplier’ of forged and machined components, at its Board Meeting held today approved a Preferential Issue of Convertible Warrants subject to requisite approval …

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Posted on: February 28th, 2008 and is filed under Press Releases.

ABG Shipyard delivers vessel to Lamnalco Group, U.A.E

ABG Shipyard Ltd, the country’s largest shipyard has delivered a highly impressive new Anchor handling tug “LAMNALCO MALLARD” to the owner Lamnalco Group, UAE. The Lamnalco Mallard is the third vessel to be delivered to Lamnalco in this financial year. ABG so far delivered 8 vessels…

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Posted on: February 28th, 2008 and is filed under Press Releases.

Sun Pharma gets approval to mkt generic Demadex tablets

Sun Pharmaceutical Industries Ltd. announced that USFDA has granted final approval for the Company’s Abbreviated New Drug Application (ANDA) to market its generic version of Hoffman la Roche’s Demadex®, torsemide tablets.These generic torsemide tablets are therapeutic equivalents of …

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Posted on: February 28th, 2008 and is filed under Press Releases.

Rakuten,Tokyo Tomin Bank launch innovative virtual bank

i-flex® solutions (Reuters: IFLX.BO & IFLX.NS), a leading provider of technology solutions to the global banking and financial services industry, today announced that Rakuten, Inc. and Tokyo Tomin Bank have successfully launched an online banking branch, with FLEXCUBE® i-flex’s c…

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Posted on: February 28th, 2008 and is filed under Press Releases.

HUL announces key appointments

Hindustan Unilever Limited (HUL) today announced key changes in the Management Committee of the company. Mr Douglas Baillie, currently the Managing Director and Chief Executive Officer of HUL will be joining the Unilever Executive, taking on the role of President, Western Europe. Mr Ni…

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