Tech Mahindra (TechM), the largest independent India-based IT services provider in the telecom space today announced that it has signed an agreement to acquire a minority equity stake in Servista, a leading European Systems Integrator. As a part of the agreement, Tech Mahindra will be Se…
Continue reading...Brigade Group ranked among top 10 builders in India
Brigade Group, one of the leading real estate developers headquartered in Bangalore, has been ranked among India’s top ten builders for the year 2008-09 in the third Construction World Architect and Builders Award. Brigade Group is getting this award for the second consecutive year. M…
Continue reading...Aditya Birla Nuvo enters into agreement with ASCIL
Aditya Birla Nuvo Ltd, a diversified conglomerate, part of the Aditya Birla Group, today entered into an agreement with ASCIL to acquire 56% stake in the retail broking company for Rs. 198.8 crores. The agreement is another step towards growing the Aditya Birla Group’s financial service…
Continue reading...Marksans Pharma acquires Relonchem Ltd
Marksans Pharmaceutical Limited, one of India’s leading mid-size vertically integrated pharmaceutical company, today, announced the acquisition of Relonchem Limited, a leading UK based generic pharmaceutical company for an undisclosed sum. Relonchem Limited has clocked sales of US $ 32 …
Continue reading...HDIL India Couture Week to take place in Mumbai in Sept
Fashion Design Council of India (FDCI) President Mr. Sunil Sethi today formally announces the staging of the newest and most glamorous event on the FDCI calendar, HDIL India Couture Week (HDIL ICW). The event will showcase 11 of India’s finest couturiers and aims to provide a platform …
Continue reading...GEI Industrial Systems bags Rs 40cr order
GEI Industrial, a leader in heat transfer technology, has once again exhibited its capability in its area of expertise, namely, Air-Cooled Steam Condensers by bagging an order for the same from KSK Group of Hyderabad for their 43 MW coal-based captive power plant at Janjgir – Champa…
Continue reading...IFGL set up facilities for mfg of Dental Bone Graft Granule
IFGL Refractories Limited (IFGL) has set up facilities for manufacture of Dental Bone Graft Granules and Blocks at their Unit situated near Rourkela. These products are marketed by IFGL Bio Ceramics Ltd. (IBL). Two varieties like Dental Bone Graft Granules i.e. Hydroxyapatite (Bio Graft �…
Continue reading...Tel-Aviv Court rules in favor of Sun Pharmaceutical
Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUN PHARMA, BSE: 524715) today announced it was victorious in all elements of its defense of the litigation brought against it in the Tel-Aviv District Court by Taro Pharmaceutical Industries Ltd. (Taro) and cer…
Continue reading...Steel Min lays foundation stone for SAIL’s SPU at Gwalior
Union Minister for Chemicals & Fertilisers and Steel Mr. Ram Vilas Paswan today laid the foundation stone for the fifth Steel Processing Unit (SPU) of Steel Authority of India Limited (SAIL) at Billowa village in Gwalior district of Madhya Pradesh. State Chief Minister Mr Shivraj Sin…
Continue reading...Singapore Airlines Cargo awards 5 year contract to TCS
Singapore Airlines Cargo has chosen Tata Consultancy Services (TCS) to service its cargo revenue accounting back office processes. This multi million dollar contract will be effective for 5 years. SIA Cargo has had a relationship with TCS since 2004 when TCS was entrusted with the Airli…
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