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REC IPO Price fixed at Rs 105

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

State-run Rural Electrification Corporation (REC) Ltd, whose IPO has lighted up the otherwise gloomy capital markets with many a record, today fixed the price at Rs 105 per equity share – the top end of its price band. The issue, which had a price band of Rs 90-Rs 105 got subscribed by...

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Fitch assigns A-(ind)’/’F1(ind) rtgs to Ansal Properties

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Fitch Ratings has today assigned a National Long-term rating of ‘A-(ind)’ (A minus(ind)) to Ansal Properties & Infrastructure Limited’s (API) long-term debt programme of INR1000 million. The Outlook is Stable. Meanwhile, Fitch has also assigned a National Short-term...

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Jubilant announces US$ 92mn CRAMS contracts in CY2008

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Jubilant Organosys Ltd., an integrated pharmaceutical industry player and India’s largest Custom Research and Manufacturing Services (CRAMS) Company, announced new contracts worth US $ 92 million for its Proprietary Products and Exclusive Synthesis segment under CRAMS business for the p...

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Kotak Mahindra Bank Launches Kotak Smart Fee

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Kotak Mahindra Bank today announced the launch of ‘Kotak Smart Fee’, a Fee Collection Service for educational institutes aimed at reducing the administrative hassles for the institute, while providing added convenience to students / parents. Speaking at the launch, Mr. KVS ...

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L&T CMD A. M. Naik conferred Danish Knighthood

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Mr. A.M. Naik, Chairman and Managing director of Larsen & Toubro Limited (L&T), has been appointed as Knight of the Order of the Dannebrog by Her Majesty Queen Margarethe of Denmark. The Knight Cross was formally presented to Mr. Naik by His Excellency the Ambassador of Denmark ...

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Sical initiates work on Nagpur Sical Gupta Road Terminal

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Sical Logistics Ltd, India’s leading provider of integrated multi-modal logistics solutions for bulk and containerized cargo and offshore logistics, initiated work on the Nagpur Sical Gupta Road Terminal with the ground-breaking ceremony at the road terminal site at the Multimodal Inter...

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Mahindra receives the ‘Excellence in Innovation’ award

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Mahindra & Mahindra Ltd. was awarded the ‘Excellence in Innovation’ Award at the Indira International Innovation Summit (3i’s Summit) held recently in Mumbai. This award was presented to M&M for encouraging consistent innovation and building innovation into the fabric of i...

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Tanla Sols awarded Best Established Indian Co in IT sec

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Tanla Solutions Limited, a mobile telecommunications and wireless infrastructure solutions provider with its software development center in Hyderabad today announced that the company has been recognized as the “Best Established Indian Company” in the IT sector conferred by HYS...

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Tanla Sols awarded Best Established Indian Co in IT sec

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Usha Martin Group forays into technical education

Posted on: Monday, February 25th 2008 and is filed under Press Releases.

Usha Martin Academy, promoted by the Usha Martin Group and supported by UshaComm as knowledge partner, was inaugurated recently in Kolkata. The Usha Martin Academy bridges the gap between classroom teaching and real-time industry requirements. Recognising that the key to future technol...

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