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CARE assigns AA+ rtg to Bond issue of PNB Housing Fin

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

CARE, assigned ‘CARE AA+’ [CARE Double AA (Plus)] rating to the proposed bonds issue aggregating Rs.300 crore of PNB Housing Finance Ltd (PNBHF). Instruments with this rating are considered to offer high safety for timely servicing of debt obligations and carry very low credit risk. ...

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CARE assigns AA- & PR1+ rtg to Elecon Engg

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

CARE has assigned ‘CARE AA-’ (double A minus] rating to the long-term bank loans / facilities of Elecon Engineering Company Ltd. (EECL). This rating is applicable for facilities having tenure of over one year. Also, CARE assigned ‘PR 1+’ [PR One Plus] rating to the short-term ban...

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Geometric releases eDrawings for Pro/ENGINEER

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

Geometric Technologies, Inc., a subsidiary of Geometric Ltd. and an industry leader in developing advanced manufacturing software and cutting?edge point productivity solutions, today announced the release of its version 6.1 of “eDrawings® for Pro/ENGINEER®”, with support for Wildfir...

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Maruti Suzuki to export half a million cars

Posted on: Thursday, February 28th 2008 and is filed under Press Releases.

Car market leader Maruti Suzuki India Limited has achieved another significant milestone today. The cumulative exports of India’s leading carmaker today crossed half a million mark i.e. 500,000 units. As the ship liner, “Goliath Leader” left Mumbai port on 28th February, carrying...

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A V Birla Group acquire stake in Core Projects

Posted on: Thursday, February 28th 2008 and is filed under Press Releases.

Core Projects & Technologies Ltd. is pleased to announce that Shareholders of the Company at their meeting held on 27 February 2008 approved the issue of 4,50,000 warrants to “TGS Investment & Trade Pvt. Ltd.” the Private Equity Arm of the A V Birla Group on preferential bas...

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NIIT Technologies acquires SofTec GmbH

Posted on: Thursday, February 28th 2008 and is filed under Press Releases.

NIIT Technologies Limited, the global IT solutions organization, today announced that it has acquired German-based SofTec GmbH, a specialist in providing IT solutions and services in the airline revenue accounting and operations space. The acquisition will further strengthen NIIT Technolo...

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Oceanus, Sonata Software to deliver next generation sols

Posted on: Thursday, February 28th 2008 and is filed under Press Releases.

Oceanus has teamed up with Sonata Software Limited to enhance their development of integrated Case Management Solutions and Environment Management Solutions, which are specifically designed for customer service environments. As a result of this partnership, Oceanus is increasing its bandw...

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BOC’s net profit after tax for 9mths stood at Rs 61.66cr

Posted on: Thursday, February 28th 2008 and is filed under Press Releases.

BOC India limited, now a member of The Linde Group declared its audited financial results for the 9 months ended 31 December 2007 today. The Company had earlier taken a decision to close its financial accounts for a period of 9 months ended 31 December 2007 to align its accounting year w...

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Parsvnath starts construction of group housing project

Posted on: Thursday, February 28th 2008 and is filed under Press Releases.

Parsvnath Developers Ltd., India’s leading real estate developers, today announced the start of construction of ‘Parsvnath Preston’, a high-end group housing residential project, in Sonepat, Haryana. The expected realization from the project is over Rs 500 crore in next 3 years incl...

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Kale Consultants appoints Vineet Malhotra as VP-Marketing

Posted on: Thursday, February 28th 2008 and is filed under Press Releases.

Kale Consultants, the leading solutions provider to the Airlines, Logistics and Travel (ALT) industry, recently appointed Vineet Malhotra as the Vice President – Marketing, in its aim to intensify marketing and branding focus towards its stakeholders. In this capacity, Vineet will spear...

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