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Posted on: February 13th, 2008 and is filed under Press Releases.

PEL aligns with Raytheon to pursue defense comm programs

Raytheon Company (NYSE: RTN) has signed a memorandum of understanding with Precision Electronics Limited (BSE: PRECISIO) to forge strategic alignments that jointly develop and provide superior communications technology for India’s military forces. …

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Posted on: February 13th, 2008 and is filed under Press Releases.

Fitch assigns Genus Power Infra A-(ind)’/’F1(ind) rtg

Fitch Ratings has today assigned a National Issuer Rating of ‘A-(ind)’ to India-based Genus Power Infrastructures Ltd. (Genus). Genus’s INR1370m short-term bank loan has been assigned an ‘F1(ind)’ rating and INR1500m long-term bank loan has been assigned an &…

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Posted on: February 13th, 2008 and is filed under Press Releases.

Thermax signs with Babcock & Wilcox for utility boilers

Thermax Limited and Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), USA, have recently signed a technical transfer license agreement that grants Thermax the right to engineer, …

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Posted on: February 13th, 2008 and is filed under Press Releases.

MetricStream to sponsor NASSCOM India Leadership Forum 2008

MetricStream, the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that it is sponsoring the NASSCOM India Leadership Forum 2008, being held between 13-15th February, …

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Posted on: February 13th, 2008 and is filed under Press Releases.

GMS & MMS available on BSNL Mobile Network

Bharat Sanchar Nigam Ltd (BSNL), the largest integrated telecom service provider in the country has added to its Mobile network a unique value added service that will enable all its customers across …

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Posted on: February 13th, 2008 and is filed under Press Releases.

Jai Balaji completes allotment of debenture & warrants

Citi Venture Capital International and Hudson Equity Holdings Limited, a part of India Equity Fund have invested in Jai Balaji Industries Limited by way of subscribing to 6118000 & 2241000 compulsorily Convertible Debentures (CCD) respectively, of Rs.326.90 each. …

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Posted on: February 13th, 2008 and is filed under Press Releases.

HUL’s net sales grow by 16.8% in DQ & 13.3% for full yr

Hindustan Unilever Limited (HUL) announced its results for December Quarter 2007. Net Sales grew by 16.8%, with the FMCG business growing at 18%. …

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Posted on: February 13th, 2008 and is filed under Press Releases.

ITC among top three in S&P ESG India Index

In the first of its kind S&P Environmental, Social and Corporate Governance (ESG) ratings released recently, ITC ranks second among top Indian companies. The ESG India Index launched by Standard and Poor, …

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Posted on: February 13th, 2008 and is filed under Press Releases.

Bharti Airtel crosses 60mn customer mark

Bharti Airtel Limited, India’s leading telecommunication services provider, today said that it has achieved the 60 million customer mark. This landmark has catapulted Bharti Airtel into the club of top mobile operators in the world in terms of subscriber base. …

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Posted on: February 13th, 2008 and is filed under Press Releases.

Arcelormittal reports record full year & Q4 2007 results

ArcelorMittal (referred to as “ArcelorMittal”, or the “Company”) (New York: MT; Amsterdam: MT; Madrid: MTS; Paris: MTP; Brussels: MTBL; Luxembourg: MT), the world’s largest and most global steel company, …

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