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Aptech’s net revenues grow by 18%

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

For the year ending 2007, Aptech Limited, the Global Learning Solutions Company, posted impressive System-wide revenues of 390.64 crores, registering a growth of 62% over the previous year on a standalone basis. The PAT stood at 2.46 crores. The standalone audited financial results were ...

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Cambridge Solutions opens Lenovo lab in Kuala Lumpur

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

Cambridge Solutions Pte Ltd (a wholly owned subsidiary of Cambridge Solutions Ltd, “Cambridge”), one of the leading information technology, and knowledge process outsourcing services companies, today announced the expansion of its Lenovo ThinkPad Quality Development and Assurance busi...

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Glenmark implements business re-organisation

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

Glenmark Pharmaceuticals Limited (Glenmark), one of India’s leading research-led, integrated pharmaceutical companies, announced that it has implemented the re-organisation of its business into Speciality and Generics. The reorganization process had begun in Q3 FY 2007-08. The reorga...

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GAIL signs contract for supply of PMT gas

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

GAIL (India) Limited has signed a contract with the consortia of Reliance Industries, BG Group of UK and Oil & Natural Gas Corporation (the co-venturers of the PMT fields in western Offshore) for buying the entire quantity of 17.3 million metric standard cubic meter per day. GAIL wi...

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Fitch assigns A+(ind)’/’F1+(ind) to Varun Shipping

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

Fitch Ratings has today assigned a National Issuer Rating of ‘A+(ind)’ to India-based Varun Shipping Company Limited (Varun). Fitch has also assigned a rating of ‘A+(ind)’ to its INR22370 million long-term bank loans, and a rating of ‘F1+(ind)’ to its I...

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IndianOil’s sign MoU with Govt

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

As a step towards ensuring the energy security and sustained economic growth of the nation, IndianOil, in its growth-oriented Memorandum of Understanding (MoU) with the Government of India for the year 2008-09, has focussed its efforts on ushering in cleaner and sustainable energy resourc...

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SBI acquires majority stake in Global Trade Finance Ltd

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

State Bank of India has acquired a majority stake in Global Trade Finance Limited, a company engaged primarily in extending factoring services. Global Trade is one of the largest players in the Indian market, having close to 40% market share. State Bank has acquired the stakes of IFC Wash...

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Bartronics America obtains US patent for RFID technology

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

Bartronics America Inc., a wholly owned subsidiary of Bartronics India Limited, the pioneer in RFID and AIDC technologies in India, has been granted a patent from US Patents Office for designing and manufacturing a non-reusable tamper-resistant identification device, increasingly used in ...

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Sunil Hi-Tech bags order of Rs 1006mn from NTPC, JSW Steel

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

Sunil Hi-Tech Engineers Limited has bagged projects amounting to Rs.1006.80 Millions which constitutes structural works of 2x500MW, NTPC, at Ennore, in Tamil Nadu worth Rs.902.20 millions, and structural works at Bellary worth Rs.104.60 millions through M/s JSW Steel. Both the jobs are ...

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SAIL CSR projects inaugurated by Pranab Mukherjee

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

“The key to true social development is inclusive development that involves participation of Central and State governments supplemented by effort of PSUs like SAIL since it benefits the common man,” said Mr. Pranab Mukherjee, Union Minister for External Affairs, here today whil...

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