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Corporation Bank launches CorpCompassion

Posted on: Wednesday, July 2nd 2008 and is filed under Press Releases.

1] Corporation Bank launched CorpCompassion – A Feature Rich Savings Bank Account today. The product was formally launched by Shri M Narendra, Chief General Manager of the Bank. Shri A Mohan Rao, General Manager addressed the Press. Shri M P Kunju, General Manager, Retail Banking wa...

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FM opens 101 SBI branches on-line with a click

Posted on: Wednesday, July 2nd 2008 and is filed under Press Releases.

Living upto its reputation of creating milestones in Indian banking, State Bank of India today created another milestone by simultaneously opening 101 Branches across the country. The Branches were inaugurated online by the Union Finance Minister, Shri P. Chidambaram at an elegant functio...

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PPAP’s net profits grown by 39% to Rs 1938.63lacs

Posted on: Wednesday, July 2nd 2008 and is filed under Press Releases.

The Board of Directors of Precision Pipes and Profiles Co. Limited (PPAP) has recommended 30% dividend for the year 2007-08. The dividend is on enhanced capital base of Rs. 1400 Lacs and will result in a payout of Rs. 420 Lacs. The total income of the Company has registered a growth of 1...

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Tata Comm launches Telepresence services worldwide

Posted on: Wednesday, July 2nd 2008 and is filed under Press Releases.

Tata Communications (NYSE: TCL) announced the launch of its Telepresence services, the first ever offering to deliver both private and public Cisco TelePresence rooms to businesses across the world. This groundbreaking service will enable a broader ecosystem of connected rooms for enterpr...

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SAIL signs MOU with SCI to form Shipping JVC

Posted on: Wednesday, July 2nd 2008 and is filed under Press Releases.

In keeping with Steel Authority of India Limited (SAIL)’s strategy to form strategic alliances with related business companies, a memorandum of understanding (MOU) was signed today with Shipping Corporation of India Limited (SCI) to promote a Joint Venture Company (JVC) primarily to...

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Tackling malnutrition can boost GDP by 1%

Posted on: Wednesday, July 2nd 2008 and is filed under Press Releases.

One-third to one-half of all child deaths in India are due to malnutrition, making it one of the biggest causes of child deaths in the country, said Dr Victor Aguayo, Chief, Child Nutrition and Development, UNICEF. For the country to tackle this crisis effectively, the root cause of malnu...

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DHFL increases RPLR by 50 bps for existing customers

Posted on: Wednesday, July 2nd 2008 and is filed under Press Releases.

Dewan Housing Finance Corporation Limited (DHFL), India’s second largest private sector housing finance company, today announced the hike in its retail prime lending rate (RPLR) for its existing customers by 50 basis point. The increase in the rate will be effective from 01, July 2008. ...

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Zicom’s net PAT of Rs 8.04cr

Posted on: Wednesday, July 2nd 2008 and is filed under Press Releases.

Zicom Electronic Security Systems Limited (BSE Code: 531404), one of the leading electronic security solutions providers in India, announced its audited financial results for the fiscal year ended March 31, 2008. At the Board Meeting held today, the Company declared its consolidated fina...

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Ansal API’s cons revenue up 14.72% to Rs 1,011.36cr

Posted on: Tuesday, July 1st 2008 and is filed under Press Releases.

Ansal API, a leading real estate developer in India today announced Annual Audited Results for FY08. It recorded consolidated revenues of Rs 1,011.36 crore for the year ended March 31, 2008, an increase of 14.72% from Rs 881.56 crore in FY07. EBIDTA stood at Rs 274.29 crore, an increase...

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