Tata Motors today inducted a batch of 80 youth as apprentices at the Singur People’s Car plant, as per the MoU (Memorandum of Understanding) signed between Tata Motors, West Bengal’s Department of Technical Education & Training (DTET) and West Bengal Industrial Developmen…
Continue reading...Welspun Gujarat PAT growth by over 136% to Rs 974mn
For the quarter ending 31st Dec’ 07, Welspun Gujarat Stahl Rohren Limited (WGSRL), part of 1.5 bn Welspun Group, reported top-line of Rs.10,364 mn a growth of 39% as compared to Rs.7,451 mn for the quarter ending Dec’ 06. The sales profile for the last quarter was largely exports ac…
Continue reading...Nasscom – ICICI Knowledge Park Fund (NIIF) announced
NASSCOM, the premier trade body and the “voice” of the Indian IT industry, today formally announced the NASSCOM – ICICI Knowledge Park Innovation Fund (NIIF) promoted in collaboration with ICICI Knowledge Park. The anchor investors in NIIF are Tata Consultancy Services …
Continue reading...Almondz launches first-of-its-kind Compounding Growth PMS
Almondz Global Securities Ltd (AGSL), one of India’s leading financial services intermediaries, today launched a first-of-its-kind discretionary portfolio management service (PMS) – Compounding Growth Portfolio (CGP) – in association with the UK-based Commander Asset Managem…
Continue reading...AGIL begins commercial production of wall tiles
Asian Granito (India) Limited, a modern vitrified manufacturing unit in Gujarat has begun commercial production of its Rs 48.7 crores wall tiles project, for which the company raised funds through an Initial Public Offer in July last year. The company has introduced biggest size of wal…
Continue reading...IDBI bags 2 Special IT Awards from IBA
Industrial Development Bank of India Limited (IDBI), one of India’s leading public sector banks, has bagged two special awards, for “Best Payments Initiative” and “Outstanding Achiever of the Year” – Shri Sanjay Sharma, Advisor-IT for the year 2007 from…
Continue reading...Investment by FIIs under PIS: Jai Corp & Temptation Foods
The Reserve Bank of India has notified on January 15, 2008 that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of the following companies through primary market and stock exchanges .. …
Continue reading...Apollo Tyres showcases its entire range of CV radial tyres
On display at the Apollo Tyres Ltd pavilion is the Endurace, the yet-to-be-launched premium radial tyres for commercial vehicles, from the Indian market leader in this segment. This new product, for heavy commercial vehicles, will be launched later in the year to compliment the company’…
Continue reading...RPL refinery achieves 82% overall progress in just 2 yrs
Reliance Petroleum Limited (“RPL”) has successfully completed the second year of implementation of its complex refinery, coming up in a Special Economic Zone at Jamnagar. RPL has achieved 82% overall progress in just 24 months since commencement of the Project. Based on the progress s…
Continue reading...Mahindra & Mahindra win a slew of communication awards
Mahindra & Mahindra has been awarded 9 communication awards at the recently held Indy’s Awards for Excellence in Mass Communication, and the Association of Business Communicators of India awards. The Indy’s awards honour excellence in “mass communication”, including fields li…
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