In a meeting held with the Hon’ble Chief Minister of West Bengal, Mr. Buddhadeb Bhattacharjee and Minister in Charge, Department of Commerce & Industries, Mr. Nirupam Sen, Mr. Ratan N. Tata, Chairman, Tata Sons & Tata Motors and Mr. Ravi Kant, Managing Director, Tata Motor…

Read More..

eClerx Services Ltd (ESL), India’s first listed KPO, accepted a cure amount of $ 561,340.33 proposed by the Company’s previous client as full and final payment against the receivables of approximately a million dollars. This cure amount was offered under a petition filed by its cl…

Read More..

Ms. Renu Sud Karnad, Joint Managing Director, HDFC Ltd. has been enlisted amongst the ‘Top 25 Non-bank Women in Finance’ by US Banker magazine, one of the leading business management magazines in United States. As part of its annual performance based influence ranking, US B…

Read More..

Standard & Poor’s Ratings Services said today that it had affirmed its ‘A-1+’ short-term issue rating to ICICI Bank Ltd.’s (foreign currency: BBB-/Stable/A-3) US$375 million U.S. commercial paper (USCP) program.This program is the second that ICICI Bank has es…

Read More..

Tata Steel Global Minerals Holdings Pte Limited, Singapore (“Tata Steel”), a wholly owned indirect subsidiary of Tata Steel Limited, announced today that it has entered into a binding agreement with New Millennium Capital Corporation, Canada (“NML”) whereby Tata Steel will become …

Read More..

Siemens Energy has secured an order from India for the supply of four steam turbine generators. Purchaser is the Indian utility Vadinar Power Company Ltd., a wholly owned subsidiary of Essar Oil Ltd. The steam turbines and generators will be installed in a cogeneration plant in Vadinar in…

Read More..

Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced that it has signed a definitive agreement to acquire SEEC Inc (www.seec.com), a US based Product and Component Services Company for…

Read More..

A Memorandum of Understanding (MoU) was signed between Steel Authority of India Limited (SAIL) and Larsen & Toubro Limited (L&T), to jointly set up, develop, manage and own captive/independent power plant/s at suitable location/s to meet future power requirements of SAIL. The s…

Read More..

Ashok Leyland, the flagship of the Hinduja Group in India, has signed an agreement for a joint venture with John Deere, for manufacturing and marketing of construction equipment. The JV seeks to commence production by early 2010 and will initially roll out Backhoes and Four-wheel-drive Lo…

Read More..

Tulip Telecom, India’s leading enterprise communications service provider has been chosen as one of the best companies in the list of 200 ‘Best Under a Billion’ companies for the Asia Pacific region by US magazine Forbes. Forbes qualified Tulip Telecom based on a combination of fina…

Read More..