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GTC to demerge into tobacco and real estate

Posted on: Sunday, March 2nd 2008 and is filed under Press Releases.

GTC Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 29, 2008, inter alia, has considered and granted its in-principle approval to demerge the Tobacco business and the Real Estate business into two separate entities. The De-merged ...

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Fitch affirms DSP Merrill Lynch Capital

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

Fitch Ratings has today affirmed DSP Merrill Lynch Capital Limited (DSPMLC)’s INR15bn guaranteed long-term debenture programme at National Long-term ‘AAA(ind)(SO) and its INR2.5bn short-term debt programme at National Short-term ‘F1+(ind)’. DSPMLC’s Nation...

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Dabur Pharma launches Irinotecan Hydrochloride Injection

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

Dabur Pharma announces approval and launch of Irinotecan hydrochloride injection in United States.Speaking on the occasion, Mr. Ajay Kumar Vij, CEO said “This is a major milestone for Dabur Pharma. This is our 4th product approval in the US market, wherein we have already submitted...

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LANXESS to build butyl rubber plant in Singapore

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

Specialty chemicals group LANXESS is to build a butyl rubber production plant in Singapore with an annual capacity of up to 100,000 metric tons. It is due to be commissioned in 2011. Dr. Axel C. Heitmann, Chairman of the Board of Management of LANXESS AG, announced the decision at a press...

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Inclusive gwth to achieve value creation:K V Kamath

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

“Without inclusiveness there is no sustainable value creation” said Mr K V Kamath, Vice President, CII & Managing Director & CEO, ICICI Bank at the CII’s 5th CFO Summit, 2008 in Mumbai today. While releasing the exclusive CII-PWC Report on ‘Sustaining ...

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IMaCS, D&B, Philippines tie-up for advisory/consulting

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

ICRA Management Consulting Services Limited (IMaCS), a wholly-owned subsidiary of ICRA, and Dun & Bradstreet Philippines, Inc. (DBP) have tied-up to jointly offer advisory/consulting services in the Philippines. The MoU between IMaCS and DBP enables both Parties to pool their expe...

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LANXESS to make investment in Singapore

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

Specialty chemicals group LANXESS AG is set to make the biggest single investment in its history in Singapore. A new chemical production site for synthetic rubber is to be built at the chemical park on Jurong Island. LANXESS has earmarked a record amount of EUR 400 million for this invest...

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NCR appoints Pradeep Sen as new MD for India area

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

NCR Corporation (NYSE: NCR) today announced it has selected Pradeep Sen as its new managing director for the India Area, which comprises India, Nepal and Sri Lanka. Sen brings to NCR over 20 years of relevant experience in the information technology (IT) industry. Based in Mumbai, Sen w...

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CARE assigns AA-,PR1+ rtg to bk loan rtgs for Sadbhav Engg

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

CARE assigned ‘CARE AA-’ (Double A Minus) rating to the long-term bank loans / facilities and ‘PR 1+’ (PR One Plus) rating to the short-term bank loans / facilities of Sadbhav Engineering Limited (SEL) for an aggregate amount of Rs 944.16 cr, including- outstanding term loan (as o...

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3 TCS govt projects won e-Governance Awards 07-08

Posted on: Saturday, March 1st 2008 and is filed under Press Releases.

Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, business solutions and outsourcing organization, today announced that three of its pioneering e-governance projects won National e-Governance Awards 2007-08 instituted by the Government of India. These ...

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