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ICICI Bank’s US$ 375mn US CP ‘A-1+’ rtg affirmed

Posted on: Friday, October 3rd 2008 and is filed under Press Releases.

Standard & Poor’s Ratings Services said today that it had affirmed its ‘A-1+’ short-term issue rating to ICICI Bank Ltd.’s (foreign currency: BBB-/Stable/A-3) US$375 million U.S. commercial paper (USCP) program.This program is the second that ICICI Bank has es...

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Intraday calls for 03-10-08

Markets likely to open weak following ...

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Tata Steel Global Minerals enters into agreement with NML

Posted on: Thursday, October 2nd 2008 and is filed under Press Releases.

Tata Steel Global Minerals Holdings Pte Limited, Singapore (“Tata Steel”), a wholly owned indirect subsidiary of Tata Steel Limited, announced today that it has entered into a binding agreement with New Millennium Capital Corporation, Canada (“NML”) whereby Tata Steel will become ...

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Siemens to supply steam turbine generators to India

Posted on: Thursday, October 2nd 2008 and is filed under Press Releases.

Siemens Energy has secured an order from India for the supply of four steam turbine generators. Purchaser is the Indian utility Vadinar Power Company Ltd., a wholly owned subsidiary of Essar Oil Ltd. The steam turbines and generators will be installed in a cogeneration plant in Vadinar in...

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Polaris Software signs agreement to acquire SEEC Inc

Posted on: Wednesday, October 1st 2008 and is filed under Press Releases.

Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced that it has signed a definitive agreement to acquire SEEC Inc (www.seec.com), a US based Product and Component Services Company for...

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SAIL signs MoU with L&T for Power Plants

Posted on: Wednesday, October 1st 2008 and is filed under Press Releases.

A Memorandum of Understanding (MoU) was signed between Steel Authority of India Limited (SAIL) and Larsen & Toubro Limited (L&T), to jointly set up, develop, manage and own captive/independent power plant/s at suitable location/s to meet future power requirements of SAIL. The s...

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Ashok Leyland JV with John Deere

Posted on: Wednesday, October 1st 2008 and is filed under Press Releases.

Ashok Leyland, the flagship of the Hinduja Group in India, has signed an agreement for a joint venture with John Deere, for manufacturing and marketing of construction equipment. The JV seeks to commence production by early 2010 and will initially roll out Backhoes and Four-wheel-drive Lo...

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Tulip Telecom shines on Forbes ‘200 Best Under a Billion’

Posted on: Wednesday, October 1st 2008 and is filed under Press Releases.

Tulip Telecom, India’s leading enterprise communications service provider has been chosen as one of the best companies in the list of 200 ‘Best Under a Billion’ companies for the Asia Pacific region by US magazine Forbes. Forbes qualified Tulip Telecom based on a combination of fina...

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RiskTech wins 3 new contracts in US

Posted on: Wednesday, October 1st 2008 and is filed under Press Releases.

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...

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Intraday calls for 01-10-08

Buy Punj Lloyd at 287, ...

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