IRB Infrastructure Developers Limited, whose IPO has evoked an enthusiastic response in an otherwise bumpy primary market, has fixed the Issue Price at Rs 185 per equity share. Drawing a good response from even the retail investors, the company’s IPO was subscribed over 4.3 times. …

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NTPC Limited, India’s premier power generation corporation, received the Mother Teresa Award for the year 2006 for their laudable work to the society and the community they operate in. This award was given away by Bharat Ratna Dr APJ Abdul Kalam at a function held at the Loyola I…

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Global Vectra Helicorp Ltd, India’s largest dedicated offshore air logistics helicopter company, today announced results for the quarter and nine months ended December 31, 2007. Financial Highlights – Quarter ended December 31, 2007 · Revenue of Rs. 41.76 cr. It was impacted…

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Ranbaxy Laboratories Limited (RLL), announced today that the Company has received approval from the U.S. Food and Drug Administration to manufacture and market Cefuroxime Axetil for Oral Suspension USP, 125 mg/5mL and 250 mg/5mL, which will be the first generic formulation on the market. …

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Mindteck (India) Limited, a global Technology and IT services company, today announced its acquisition of Infotech Consulting, a multi-disciplined technology services firm based in Pennsylvania, U.S. The acquisition value was pegged at US$ 21 million. Infotech Consulting, with estimate…

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CyberTech Systems and Software Limited today announced results for the quarter and nine months ended December 31, 2007. Highlights – Consolidated – Nine Months ended December 31, 2007 · Revenue of Rs. 48.36 cr. · Other income of Rs. 4.06 cr. is mainly rent from surplus…

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SKS Microfinance, one of the world’s leading microfinance companies has launched a unique initiative to create an IT infrastructure that will accelerate its goal of financial inclusion. The initiative involves IT majors Compulink, HCL, IPROMicrosoft, Tulip IT and Wipro InfoTech who will…

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CRISIL today announced that it has reached a preliminary understanding with Equifax Inc., USA, and Tata Capital Limited, to set up a Credit Information Company (CIC) in India. CRISIL has applied to the Reserve Bank of India (RBI) for permission to start and operate a CIC. The establishmen…

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JSW Steel Limited has posted the highest ever crude steel production with 13% growth in January 08. The company has also achieved the highest production in HR Coils and HR plate segments with 4% and 54% growth respectively. Company has also shown 2% growth in volumes sequentially in Crude…

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A section of the media has reported today that Maruti Suzuki is ready with a small car with a 660 cc engine, positioned below the Maruti 800 and priced at Rs 1.5 lakh. The company, through this press release, is denying the report. As announced earlier, the company has no plans to laun…

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