Credit Analysis & Research Limited (CARE), has signed Memorandum of Understandings (MOU) with State Bank of Patiala, under which CARE will assign ratings to the Bank loans under RBI’s Basel II framework. As per the MOU, Bank may advise their clients to get their facilities rated b…

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Zylog Systems Limited (BSE Code: 532883, NSE Code: ZYLOG.NS) inaugurated its state-of-the-art facility at the IT corridor in Sholinganallur, Chennai, by Mr. V.R. Lakshmi Narayanan, IPS, Director General of Police (Retd) and, Mr. R.S. Reddy, Executive Director, Union Bank of India. The new…

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Manjushree Extrusions Rights-cum-Public Issue of Rs.35.70 crores closes on 6th February 2008. The fund being raised is proposed to be utilized to part finance the Company’s expansion cum diversification project of Rs. 53.70 crores, presently under implementation. A term loan of Rs. 18 …

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DSP Merrill Lynch Fund Managers today signed a distribution agreement with Oriental Bank of Commerce as part of their strategy to enhance their retail reach. Oriental Bank of Commerce will distribute DSP Merrill Lynch Mutual Fund schemes through its network of branches spread across the c…

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Simplex Infrastructures Ltd., one of India’s leading infrastructure solutions providers, today, announced bagging of order worth Rs. 287 crore for Qatalum Thermal Power Plant project in Qatar. With this the Power Vertical alone accounts for Rs.1252 crore being 14% of the total order bo…

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Reliance Infratel Limited, (the “Company”), subsidiary of Reliance Communications Limited proposes an initial public offering of 8,91,64,100 Equity Shares of Rs. 5 each (“Equity Shares”) for cash at a premium (the “Issue”) to be decided through the 100% book building process. …

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V-Guard Industries Ltd, a company based in Kerala, is engaged in the manufacturing and marketing of electrical and electronic products today announced a price band of Rs 80 to Rs 85 for its forthcoming Initial Public Offer (IPO) of 80,00,000 equity shares of Rs 10 each for cash at a premi…

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Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, announced that its global healthcare practice, working with the Byrraju Foundation, has implemented a program to provide tele-electrocardiograms (ECGs) to patients in remote areas of the countr…

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Prithvi Information Solutions Limited bagged an order of Rs. 309 Crores from BSNL to supply Transmission Equipment that helps increase network bandwidth. Prithvi has tied up with a Chinese telecom major, Huwei Technologies Limited to source the equipment and is customizing it for BSNL….

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Dax Networks, one of the top three networking companies in India, has deployed an intelligent ‘Campus Area Network’ with its high-end switching, wireless and structured cabling solution for SNDT, the first women’s university in ASIA. This network has been installed in the univer…

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