The Government of India have announced the issue of ‘8.40 per cent Oil Marketing Companies Government of India Special Bonds, 2025’ for Rs. 9,296.92 crore (nominal). The Special Bonds are being issued to four Oil Marketing Companies as compensation towards estimated under-recoveri...
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GoI to issue Oil Marketing Companies Special Bonds, 2025
Posted on: Saturday, March 29th 2008 and is filed under Press Releases.
Blue Dart wins the ‘Mera Brand’ Award
Posted on: Saturday, March 29th 2008 and is filed under Press Releases.
Blue Dart Express Limited, South Asia’s premier integrated express courier and package Distribution Company, bagged the ‘Mera Brand’ award and a Certificate of Excellence presented by the Fast Moving Consumer Goods Federation of India at the 5th Consumer World Awards on 19th Mar...
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Finance Minister launches CRISIL Complexity Levels
Posted on: Friday, March 28th 2008 and is filed under Press Releases.
The first set of CRISIL Complexity Levels was announced here today, at the launch of the service by Honourable Finance Minister Shri P Chidambaram. This service from CRISIL, a global first, classifies financial instruments and products into three categories: simple, complex, and highly co...
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Four Soft to merge into TAKE Solns
Posted on: Friday, March 28th 2008 and is filed under Press Releases.
TAKE Solutions Ltd. and Four Soft Ltd., both leading providers of IT products and solutions in the Supply Chain Management space today announced their intent to merge. The combination will create a truly global, comprehensive company with one of the largest product offerings in Supply C...
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Bata India records 72.1% growth in PBT at Rs 55.15cr
Posted on: Friday, March 28th 2008 and is filed under Press Releases.
Bata India Ltd, the largest footwear retailer and a leader in the footwear industry in India, has made a profit before tax of Rs. 551.5 million in the year 2007. Profits of 2006 included Rs.171.3 million one time exceptional items. Without considering the exceptional item of 2006, the inc...
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Red Hat’s annual revenue up 31% from prior year
Posted on: Friday, March 28th 2008 and is filed under Press Releases.
Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced financial results for its fiscal fourth quarter and fiscal year ended February 29, 2008. “During the fourth quarter, I spent a significant amount of time meeting with customers, par...
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Rolta strengthens its top management team
Posted on: Friday, March 28th 2008 and is filed under Press Releases.
Rolta is aggressively gearing up to capture huge growth opportunities by strengthening its senior management team with an increased focus on delivery, production and support. Rolta today announced the appointment of Ms. Preetha Pulusani as Joint Managing Director of the Company effective...
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Aegis completes Gas Terminal acquisition
Posted on: Friday, March 28th 2008 and is filed under Press Releases.
Aegis Logistics Ltd has completed the acquisition of Hindustan Aegis LPG’s 20,000 MT Gas Terminal as part of its expansion plans in the LPG business. The Gujarat High Court has accorded approval to the Demerger Scheme of Hindustan Aegis LPG Ltd’s Throughput Undertaking and th...
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Prameela Kalive-President of NHRD Network’s Pune Chapter
Posted on: Friday, March 28th 2008 and is filed under Press Releases.
The National Human Resource Development (NHRD) Network announces the appointment of Prameela Kalive as President of its Pune Chapter. Prameela Kalive is the Global HR Head of Zensar Technologies, a leading global software services and BPO provider headquartered in Pune. With experience o...
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Fitch assigns A-(ind)’/’F1(ind) rtgs to Cosmo Films
Posted on: Friday, March 28th 2008 and is filed under Press Releases.
Fitch Ratings has today assigned a National Long-term issuer rating of ‘A-(ind)’ (A minus(ind)) to India-based Cosmo Films Limited (CFL). The Outlook is Stable. Fitch has also assigned the following ratings to CFL’s bank loans: – Existing long-term bank loans agg...
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