Spanco Telesystems and Solutions Ltd, today, announced that they have bagged a Rs.70 crore contract for the roll out of a State Wide Area Network (SWAN) to connect over 300 districts/talukas under the Government of Orissa. Spanco in tandem with ITI will Build Own and Operate this network,…
Continue reading...Spanco bags Rs 70cr order for Orissa Swan
Spanco Telesystems and Solutions Ltd, today, announced that they have bagged a Rs.70 crore contract for the roll out of a State Wide Area Network (SWAN) to connect over 300 districts/talukas under the Government of Orissa. Spanco in tandem with ITI will Build Own and Operate this network,…
Continue reading...MindTree launches MindTree Foundation
MindTree Limited (“MindTree”), a global IT and R&D Services Company, today announced the launch of MindTree Foundation, a not-for-profit organization. The announcement coincides with the 9th anniversary of MindTree. MindTree Foundation will function as a corporation under the ov…
Continue reading...Mahindra forms JV with Yancheng Tractor Co
Mahindra’s Farm Equipment Sector, one of the world’s top tractor brands and the market leader in India, today signed an agreement to form a Joint Venture (JV) in China with Jiangsu Yueda Yancheng Tractor Manufacturing Co. Ltd. (Yancheng Tractor), a leading Chinese tractor manufacturer…
Continue reading...Equity, Debt fund returns turn northward in July: CRISIL
All CRISIL Mutual Fund indices with the exception of the CRISIL MF~Gilt index posted positive returns in July 2008. The CRISIL Fund~eX (which tracks diversified equity funds) with returns of 5.40 per cent in July was in line with the benchmark S&P CNX Nifty which ended the month at 7…
Continue reading...Efkon India bags 3 major projects
The Toll Technology specialist EFKON India, a subsidiary of Efkon AG, along with its new shareholder, the construction Giant Strabag SE, has received orders to build and manage toll management services for three prestigious projects worth Rs 28.05 crores. These include: The Bangalore Elev…
Continue reading...PDL appoints Independent Directors for its hospitality arm
Parsvnath Hotels Ltd. (PHL) a subsidiary of Parsvnath Developers Limited (PDL), India’s leading company in real estate and infrastructure development with strategic tie-ups in hospitality sector has announced the appointment of Mr. D. N. Davar, Mr. B.K. Goswami, Mr. V.K. Chopra and Mr. …
Continue reading...MF of DWS Investments score Big with CRISIL ratings
CRISIL has assigned ‘AA+f’, ‘AAAf’ and ‘AAf’ rating to DWS Money Plus Fund, DWS Liquid Plus Fund and DWS Credit Opportunities Cash Fund respectively. CRISIL has upgraded the rating to DWS Money Plus Fund to ‘AA+f’ from ‘AAf’, indicating that fund’s portfolio holding,…
Continue reading...Vietnam Steel Corp, Vietnam Cement Ind, Tata Steel sign JVA
Vietnam Steel Corporation (Vietnam’s largest steel company), Vietnam Cement Industries Corporation (Vicem) and Tata Steel, world’s sixth largest and Asia’s first integrated steel company, signed a Joint Venture Agreement (JVA) for the proposed steel complex in Vietnam today. This 4….
Continue reading...Mahindra’s Automotive sector crowned Star Performer
Mahindra & Mahindra, the largest Utility Vehicle Manufacturer in India, has won the All India Award For Export Excellence instituted by the Engineering Export Promotion Council. Mahindra’s Automotive Sector has been crowned Star Performer for the year 2006-07. The Award was receiv…
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