Zylog Systems Limited has signed an exclusive partnership with Honolulu-based Kamakura Corporation for marketing and implementing the Kamakura Risk Manager enterprise-wide risk management system for South Asia. Zylog Systems is a global software company, with a US headquarters in Edison,…

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The Board of Directors of Mahindra and Mahindra Limited today announced the unaudited financial results for the first quarter ended 30th June 2008 for the company and for the consolidated Mahindra Group. The Gross Revenues and Other Income of Mahindra & Mahindra Ltd. for the quarter…

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ICSA India Ltd., which provides embedded technology solutions for the power sector, has entered into a Memorandum of Agreement with Delhi-based ECE Industries Ltd. for acquiring the entire machinery and equipment along with available drawings, design and data pertaining to the manufacture…

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The Board of Directors of M&M and PTL today unanimously approved a scheme of amalgamation of Punjab Tractors Limited (PTL), an M&M subsidiary, with Mahindra & Mahindra Ltd. Mahindra owns a majority stake in Punjab Tractors Limited and had earlier acquired 63.33% stake in PT…

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Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services today announced that it has won a large IT outsourcing contract from Spencer’s Retail Ltd. Spencer’s Retail Limited, a part of the Rs 13500 cror…

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Nu Tek India Limited, a telecom infrastructure services provider offering infrastructure rollout solutions for both mobile and fixed telecommunication networks, has fixed the Issue price at Rs. 192 per equity share (the upper end of the band) for its initial public offering (“IPO”) of…

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Elecon Engineering Company Limited, India’s largest Material Handling Equipments, Industrial Gears and Transmission Products manufacturer today announced five major orders bagged by their Material Handling Equipment (MHE) division totaling to Rs. 524.2 crores. Highlights Orders From I…

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Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT services provider, today announced that it has won the Economic Times’ first ‘Smart Workplace Award 2008’, organized in association with Intel and Acer. With over 550 companies across India compet…

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Sasken Communication Technologies Limited, today announced that Sasken Test Lab capabilities have been formally assessed and accredited by National Accreditation Board For Testing and Calibration Laboratories (NABL), India, against the stringent criteria of ISO/IEC 17025:2005 and NABL Lab…

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HCL America, Inc., a wholly owned subsidiary of HCL Technologies Ltd. (“HCL”), India’s leading global IT services company, today announced it will open a U.S. delivery center in Wake County, North Carolina. The company will invest $3.2 million and hire more than 500 employees over …

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