RiskTech, a Hexaware subsidiary and a leading provider of Enterprise Risk Management and Risk Technology services, today announced a number of key achievements. RiskTech has won three new consulting and implementation contracts in US in areas of credit and operational risk. RiskTech is wo…
Continue reading...Adani & Chemoil forms JV
Adani Enterprises Limited (NSE: ADANIENT). Member of the Adani Group one of the most dynamic conglomerates with diversified businesses and the developer of the Mundra Port, has signed an exclusive joint venture agreement with the Chemoil (SGX-ST: CHEL.SI), one of the world’s leading …
Continue reading...SRL Ranbaxy is now Super Religare Laboratories
SRL Ranbaxy Limited, India’s Largest Pathology Laboratory Network, has been rechristened Super Religare Laboratories Limited (SRL). This is a move to leverage the trust and credibility the Religare brand enjoys in the financial services domain to the other service businesses of the grou…
Continue reading...IDBI Fortis collects premium of Rs 100cr in 5 mths
IDBI Fortis Life Insurance began its operations with a big bang by collecting premium of over Rs 100 crore within a record time of five months, thus becoming the fastest growing new life insurance company in the private sector. As a part of their aggressive 100-branch plan, IDBI Fortis Li…
Continue reading...IDFC PE invests Rs 4,000mn in SE Forge Ltd
SE Forge Limited (SE Forge), a subsidiary of Suzlon Energy Limited, which is setting up one of the largest foundry and forging capacities in the world to cater to the growing wind energy sector, announced today that it has raised equity investment of INR 4,000 Million from IDFC Private Eq…
Continue reading...Educomp receives Rs 109cr contract
Educomp today announced that it has signed an agreement with the Department of State Education Research & Training (DSERT), Government of Karnataka for implementation of Computer aided education in 1571 schools in Karnataka.The order worth Rs. 109 crore will be implemented over a per…
Continue reading...HCL Tech announces cash offer of 650 pence/share for Axon
HCL Technologies (HCL) today announced that it has made a cash offer for a leading UK-based SAP consulting company, Axon Group Plc (Axon). Under the terms of the Offer, Axon shareholders will receive 650 pence in cash for each Axon share valuing the entire issued and to be issued share ca…
Continue reading...Empee Distilleries reports Rs 55742 lakh sales in 9 mths
Empee Distilleries Limited reported net sales of Rs 55,742 lakh for nine months ended June 30, 2008. Net sales for the quarter ended June 30, 2008 was Rs 18,087 lakh. “The board, which approved the results at a meeting held on Wednesday, September 24, recommended an overall dividend of …
Continue reading...Empee Sugars net profit up 50%
Empee Sugars and Chemicals Limited reported a net sales of Rs 5,962.22 lakh for the year ended June 30, 2008 as compared to Rs 5,752.14 lakh during the corresponding period of the previous year. For the quarter ended June 30, the net sales was Rs 1,278.81 lakh as compared to Rs 1,913.71 d…
Continue reading...HDFC Bank in Forbes Asia’s ‘Top 50’ List
For the second year running, HDFC Bank has featured in the prestigious ‘Forbes Asia’s Fabulous 50 List of companies’ chosen from 500 publicly traded (listed) companies in Asia Pacific with revenues or market capitalization in excess of $ 5 billion (INR 22,330 crore). …
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