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Posted on: February 5th, 2008 and is filed under Press Releases.

Cisco launches talent-development strategy for India

Furthering its goals to enhance the development of information technology (IT) talent in India, Cisco® announced a series of country-specific initiatives aimed at expanding India’s capacity to train, employ and retain highly qualified networking and systems engineers. By establishing p…

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Posted on: February 5th, 2008 and is filed under Press Releases.

Parsvnath, ITC signs agreement to develop 50 hotels

Parsvnath Hotels Ltd (PHL), a subsidiary of Parsvnath Developers Ltd, has signed a MoU with Fortune Park Hotels Ltd (FPHL), a wholly owned subsidiary of ITC Ltd, to manage 50 Hotels across the country in next three to five years. PHL plans to make an investment of approximately Rs 2500 c…

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Posted on: February 5th, 2008 and is filed under Press Releases.

Tata Motors has not discussed Jaguar Land Rover with Fiat

Tata Motors, which is engaged in focused and detailed negotiations with Ford on the Jaguar Land Rover business, clarifies that the company has had no discussions with Fiat on deployment of technologies developed by Jaguar and Land Rover. Tata Motors is pleased by the progress in the di…

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Posted on: February 5th, 2008 and is filed under Press Releases.

ECEL ties up with Singapore Technology Kinetics

Escorts Construction Equipment Limited (ECEL), the Construction Equipment and Material Handling Equipment manufacturing arm of Escorts has inked a very significant agreement with Singapore Technology Kinetics (STK) – the owners of the US based ‘LeeBoy’ brand – to market &#…

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Posted on: February 3rd, 2008 and is filed under Press Releases.

Powergrid’s Q3 net rises 13.94%

The Central Transmission Utility of the Country, Power Grid Corporation of India has reported a 13.94% rise in the net profit for the third quarter ended December 31,2007 at Rs. 384.28 crore as compared to Rs. 337.27 crore during the same Quarter in the previous year. The net profit of th…

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Posted on: February 1st, 2008 and is filed under Press Releases.

Tata Motors cons PAT at Rs 654.79cr

Tata Motors today reported consolidated revenue (net of excise) of Rs.9238.48 crores for the Quarter ended December 31, 2007, an increase of 13% over Rs.8179.38 crores in the corresponding quarter of 2006-07. …

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Posted on: February 1st, 2008 and is filed under Press Releases.

JSW Steel signs JV for development of iron ore mines

JSW STEEL LIMITED signed a Joint Venture agreement with a Chilean entity viz. MINERA SANTA FE, controlled by Mr. Leonardo Farkas Klein, a locally renowned Entrepreneur. The Joint Venture Company will develop iron ore mines and other projects in South America including Chile. …

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Posted on: February 1st, 2008 and is filed under Press Releases.

Siemens turnover up 18%, PAT up 101%

For the first quarter ended December 31st 2007, Sales Turnover increased by 18% to Rs. 19,144 million as compared to the corresponding period in the last year. Profit After Tax (PAT) stood at Rs. 1,971 million, an increase of 101% over the corresponding period in the previous year. The co…

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Posted on: February 1st, 2008 and is filed under Press Releases.

DHFL net profit up by 68.71% for Q307-08

DHFL registers: * Profit before Tax increases by 79.90 % for Q3, 2007-08 as compared to Q3 2006-07 * Total income increases by 58.69% for the same period …

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Posted on: February 1st, 2008 and is filed under Press Releases.

CEAT’s net profit at Rs 19.22cr up by about 63%

CEAT Ltd., flagship company of the Rs.11,500 crore RPG Group and one of India’s leading tyre manufacturers, has reported improved performance for the quarter October – December 07 of FY 08. …

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