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Mahindra Group cons net profit up by 36.7%

Posted on: Thursday, August 14th 2008 and is filed under Press Releases.

Mahindra and Mahindra Limited today announced the unaudited financial results of the consolidated Mahindra Group for the first quarter ended 30th June 2008. The Gross Revenues and Other Income for the quarter ended 30th June 2008 grew by 29.0% to Rs.7557.3 crores (USD 1.8 billion) from R...

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APAC hospitality inds cross US$ 134.2mn with Avaya leading

Posted on: Thursday, August 14th 2008 and is filed under Press Releases.

Avaya, a leading global provider of business communications applications, software and services, today announced that it has experienced double digit growth in the hospitality industry in 2007 of the company’s fiscal year in Asia Pacific. This is reinforced by a recently published repor...

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Gujarat NRE Coke claims Rs 4761cr

Posted on: Thursday, August 14th 2008 and is filed under Press Releases.

Gujarat NRE Coke Limited (GNCL) has claimed Rs 4761 crore in a civil suit filed at the Hon. Calcutta High Court against Austral Coke and Projects Limited (Austral), its Directors, Auditors, Merchant Bankers and others associated with Austral Coke’s IPO. Gujarat NRE Coke Limited ha...

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SCI signs shipbuilding contracts with STX Shipyard

Posted on: Thursday, August 14th 2008 and is filed under Press Releases.

The Shipping Corporation of India Ltd. (SCI) continues its vessel acquisition spree with orders for 4 Panamax Bulk Carriers placed on 13th August, 2008 with STX Shipyard. SCI has selected STX shipyard for building these vessels through global tendering process. SCI also has 6 LR-I size Pr...

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Sun Pharma announces US FTC Clearance for Taro Tender Offer

Posted on: Thursday, August 14th 2008 and is filed under Press Releases.

Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUN PHARMA, BSE: 524715) today announced that on August 13, 2008, the U.S. Federal Trade Commission (FTC) granted early termination of the antitrust waiting period under the Hart-Scott-Rodino Act (HSR) for the p...

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Pipal Research signs 3 yr KPO deal with BT Global Srvcs

Posted on: Thursday, August 14th 2008 and is filed under Press Releases.

Pipal Research, a subsidiary of Firstsource Solutions, today announced that it has signed a multi-year partnership agreement with British Telecom Global Services (BTGS) to provide KPO services. Under the terms of the agreement, Pipal Research will provide highly innovative KPO and MPO (...

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Intraday calls for 14-08-08

Posted on: Thursday, August 14th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open weak. Nifty has support at ...

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TCS, Infosys & Wipro referred as ‘India-3’: Gartner

Posted on: Wednesday, August 13th 2008 and is filed under Press Releases.

Tata Consultancy Services (TCS), Infosys Technologies and Wipro Technologies, collectively referred as ‘India-3’, will emerge as the next generation of IT service megavendors, according to Gartner, Inc. These vendors are increasingly being considered for strategic service deals, and w...

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Canara HSBC OBC Life makes a record-breaking entry

Posted on: Wednesday, August 13th 2008 and is filed under Press Releases.

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited – a partnership between two of India’s largest nationalised banks, Canara Bank and Oriental Bank of Commerce, and HSBC Insurance (Asia Pacific) Holdings Limited – wrote over Rs12 crore of annualised premiums in Jul...

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Satyam & RelWare form alliance

Posted on: Wednesday, August 13th 2008 and is filed under Press Releases.

Satyam Computer Services, Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, and RelWare, a leading developer of Web-based solutions for healthcare, announced today that the organizations have signed an alliance agreement. The alliance agreement ca...

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