Steel Authority of India Limited (SAIL) will award Rs. 5 lakh to 25-year-old Shri Abhinav Bindra for winning India’s first gold medal in the individual shooting event at the Beijing Olympics today. “This is a great honour for our country and a matter of pride for all Indians, …

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Mahindra & Mahindra’s Farm Equipment Sector (FES) has featured in the top 10 list of most innovative Indian companies compiled by the Wall Street Journal as part of its survey to determine Asia’s 200 most-admired and innovative companies.* The Asia 200 survey is the ultimate pe…

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Allahabad Bank, one of the leading nationalized banks of the country, has decided to increase the Benchmark Prime Lending Rates (BPLR) by 50 basis points to 14 % with effect from 8th August, 2008. The increase in BPLR has been necessitated in view of the increase in CRR requirement, incre…

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Megamart, the retail arm of India’s largest integrated textile manufacturer and a leading branded apparel & retailer, Arvind Ltd. today announced the launch of its second ‘Megamart Outlet Centre’ in Pune, the first being in Chennai. The new look store, located a…

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M&C Saatchi India, the Indian arm of the UK-based advertising agency, has won yet another prestigious client: Franklin Templeton Investments. This comes after the recent acquisition of two new accounts, Apollo Tyres and Glitz Stargaze (a TV18 venture). M&C Saatchi India will be…

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SDBL registers: Ø 1878 % growth in cash profit in the First Quarter of FY – 2008-09 as compared to the corresponding previous Quarter Ø Profit before Tax is up by 1112 % for the Q1, 2008-09 as compared to the corresponding previous Quarter Ø Total Income inc…

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Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services, business solutions and outsourcing firm, today announced that leading industry analyst firm Gartner, Inc., rated TCS as ‘Strong Positive’ in the MarketScope for Business Intelligence and Perform…

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PTC India Limited, the pioneer in Power Trading in India, today announced its results for Q1 ending 30th June 2008. Reflecting on the performance, Mr. T N Thakur, Chairman and Managing Director, PTC India, said “We are glad to realize that PTC has maintained its leadership and growth o…

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Dow delivers Quarterly Sales Record, Volume Gain of Five Percent and Record Performance from Dow AgroSciences Second Quarter 2008 Highlights Sales for the second quarter set another Company record, rising 23 percent from the same period last year to $16.4 billion. Double-digit price inc…

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PreMedia Global Inc, a high-end content services KPO firm, today announced that it has completed the integration of GGS Book Services, a company it acquired earlier this year, and is now poised for further organic and inorganic growth. Consequently, the company has raised growth capital …

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