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Gitanjali Group makes twin acquisitions

Posted on: Friday, March 28th 2008 and is filed under Press Releases.

The Rs. 3500-crore Gitanjali Gems Ltd., India’s largest integrated diamond and jewellery manufacturer and retailer, today announced the complete acquisition of Gili. Earlier the Group had 65% stake in the ‘Superbrand’. The first jewellery brand to be launched in India- ...

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SBI Rights Issue GoI Special Bonds, 2024

Posted on: Friday, March 28th 2008 and is filed under Press Releases.

Industrial Development Bank of India Ltd. (IDBI), one of India’s leading state-owned banks, today opened its first City SME Center (CSC) in Mumbai to give a fillip to Small and Medium Enterprises (SMEs) lending. The CSC has been established to streamline the credit appraisal process to ...

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Fitch assigns F1(ind) to Bilcare working capital bk limits

Posted on: Thursday, March 27th 2008 and is filed under Press Releases.

Fitch Ratings has today assigned a rating of ‘F1(ind)’ to Bilcare Limited’s (Bilcare) INR1,230 million working capital bank limits. The rating reflects Bilcare’s established position in the pharmaceutical packaging space with a focus on providing pharma (pharmace...

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Xenon pickup launched in Thailand

Posted on: Thursday, March 27th 2008 and is filed under Press Releases.

Tata Motors (Thailand) Co. Ltd. today pulled the wraps off the Tata Xenon 1-tonne pickup truck at the annual Bangkok International Motor Show. The Xenon will be sold from today across Thailand through the company’s own dealer network. Over 20 dealers have already been appointed and ...

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Tata Indicom partners with PayMate

Posted on: Thursday, March 27th 2008 and is filed under Press Releases.

Tata Teleservices Ltd, one of India’s largest and fastest-growing telecom networks, and PayMate, India’s leading mobile commerce company, have partnered to offer a service that enables 20 million plus Tata Indicom subscriber base to book flight tickets anywhere, anytime on the mobile ...

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Bharti Airtel PCO’s go the auto rickshaw way

Posted on: Thursday, March 27th 2008 and is filed under Press Releases.

Spearheading another first of its kind, Bharti Airtel has launched its PCO in a local auto rickshaw at Boisar in the Vasai zone of the M&G (Maharashtra and Goa) circle. This is for the first time that a telecom operator has tied up with the ubiquitous auto rickshaw to ensure seamless...

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IDBI reduces BPLR by 50 bps

Posted on: Thursday, March 27th 2008 and is filed under Press Releases.

Industrial Development Bank of India Ltd. (IDBI) has reviewed its Benchmark Prime Lending Rate (BPLR) and decided to reduce the BPLR by 50 basis points to 12.75% p.a. (from the existing 13.25% p.a.), with effect from April 1, 2008. Sourced From: Adfactors Public Relations Pvt Ltd ...

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Aptech ranked amongst TOP Sales Training Companies-2008

Posted on: Thursday, March 27th 2008 and is filed under Press Releases.

In addition to its dominance in the IT, Multimedia and Aviation Training and Education fields, Aptech has made its mark in Sales Training also. Aptech Limited, the Global Learning Solutions Company, has featured amongst the SalesTrainingIndustry.com’s “Top Sales Training Compa...

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Tata Motors in agreement with Ford for purchase of JLR

Posted on: Wednesday, March 26th 2008 and is filed under Press Releases.

Tata Motors today announced that it has entered into a definitive agreement with the Ford Motor Company for the purchase of Jaguar Land Rover, comprising brands, plants and Intellectual Property Rights. The transfer of ownership to Tata Motors is expected to close by the end of the next...

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Simplex Infrastructures bags orders worth Rs 653cr

Posted on: Wednesday, March 26th 2008 and is filed under Press Releases.

Simplex Infrastructures Ltd., one of India’s leading infrastructure solutions providers, today, announced bagging of projects worth Rs. 653 crore from different segments. These orders include civil and structural construction work of Hotel Ritz Carlton, Bangalore worth Rs. 139 crore; ce...

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