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Ranbaxy gets authorisation for Amlodipine Tablets in Japan

Posted on: Tuesday, April 8th 2008 and is filed under Press Releases.

Ranbaxy Laboratories Limited (Ranbaxy) today announced that the Company has received authorization from Ministry of Health and Labour Welfare (MHLW-Japan) for marketing the generic version of Amlodipine tablets 2.5mg & 5mg. Amlodipine Tablet is the first independent product approval...

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Principal PNB AMC ties up with South Indian Bank

Posted on: Monday, April 7th 2008 and is filed under Press Releases.

To enhance its distribution reach, Principal PNB AMC has entered into a strategic alliance with South Indian Bank Ltd to distribute all its mutual fund products. As per the agreement, South Indian Bank will offer the entire bouquet of Principal PNB AMC’s products across its network of b...

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ICICI Bank launches Global Indian Account

Posted on: Monday, April 7th 2008 and is filed under Press Releases.

ICICI Bank, India’s second largest bank, announces the launch of the “Global Indian Account” facility. This facility, the first of its kind in India, addresses the comprehensive banking needs of Indians moving overseas. These customers, prior to their departure from India, will have...

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Ashok Leyland annual sales of 83,309 vehicles

Posted on: Monday, April 7th 2008 and is filed under Press Releases.

Ashok Leyland, the Hinduja Group flagship in India, has closed the year ended 31st March 2008 with an all-time high sale of 83,309 vehicles. Sales in the domestic M&HCV segment touched 76,023 numbers. Exports volumes are up 21% at 7,286 vehicles. Sales during March 2008 were 27% h...

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Pyramid Saimira Production Int’l to produce 52 films

Posted on: Monday, April 7th 2008 and is filed under Press Releases.

Pyramid Saimira Production International Limited, the production arm of Pyramid Saimira Group, has announced that it will be producing a total of 52 films this year. The Company has already completed 6 films in various languages and more than 7 films are under production in various langu...

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Mercator Lines Singapore arm acquires vessel, secures charter contract

Posted on: Sunday, April 6th 2008 and is filed under Press Releases.

Mercator Lines (Singapore) Limited – MLS, subsidiary of India’s leading shipping company Mercator Lines Limited (MLL) has entered into an agreement with Tanagra Shipping, S.A. of the Republic of Panama to purchase a geared Panamax dry bulk carrier, “YK Titan”. This is the first ve...

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Investment by FIIs under PIS: Vijaya Bank

Posted on: Friday, April 4th 2008 and is filed under Press Releases.

The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS) on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) further purchases should be made of equity shares of Vijaya Bank, through secondary mar...

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Rtg on Tata Motors lowered to BB from BB+

Posted on: Friday, April 4th 2008 and is filed under Press Releases.

Standard & Poor’s Ratings Services said today it lowered its corporate credit ratings on India’s Tata Motors Ltd. to ‘BB’ from ‘BB+’. At the same time, Standard & Poor’s lowered to ‘BB’ from ‘BB+’ the ratings on a...

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ECI raises Rs 100cr from Sabre Capital

Posted on: Friday, April 4th 2008 and is filed under Press Releases.

ECI Engineering and Construction Company Limited (“ECI”), a fast-growing infrastructure construction and development company, today announced that they have raised Rs 100 crores of private equity capital through a preferential allotment to Sabre Abraaj India Private Equity Fund I Limi...

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Government of Singapore picks stake in ICSA (India)

Posted on: Friday, April 4th 2008 and is filed under Press Releases.

ICSA (India) is proud to announce that Government of Singapore Investment Corporation Private Limited along with its sub-accounts has picked up equity stake in the company aggregating to 2211246 shares (5.0245%). Recently Investment companies like UBS, MERRILL LYNCH & MORGAN STANL...

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