VSNL (NYSE: VSL), a leading communications solutions provider, confirmed today that the company restored a majority of its IP connectivity into the MENA region within 24 hours of the Egypt cable breakdown on Thursday. On January 30, 2008, the SEA-ME-WE 4 and other undersea cables were ...
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VSNL restores internet srvc within 24 hrs
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
Mukand Engineering posts total income of Rs 18.36cr
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
For the nine months period ended 31st December, 2007, Mukand Engineering posted a Total Income of Rs.18.36 crores (Rs.20.22 crores) and Profit Before Tax of Rs.78 lacs (loss of Rs.13 lacs). The Company has orders on hand worth Rs.125 crores and is currently executing projects for HPCL,...
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Tata Motors total vehicle sales at 54,796 nos
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
Tata Motors reported a total sale of 54,796 vehicles (including exports) for the month of January 2008, nearly flat compared to 55,440 vehicles sold in January last year. The monthly sales — both domestic and total (including exports) — crossed the 50,000 mark for the first ti...
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YES BK to raise funds by issuing 20mn equity shares by QIP
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
YES BANK, India’s new age private sector Bank, today announced that the meeting of the Capital Raising Committee of the Board of Directors of the Bank held on Tuesday, February 5, 2008 at Mumbai, has approved a proposal to raise funds by way of issuance of up to 20 million equity sh...
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PNB signs MoUs with ICRA & Fitch Ratings India
Posted on: Wednesday, February 6th 2008 and is filed under Press Releases.
Punjab National Bank has entered into MOUs with Credit rating agencies Fitch Ratings India Ltd. and ICRA. Under these MoUs, Fitch Ratings and ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy framewo...
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Bajaj Electricals Q3 net profit grows 90% to Rs 18.9cr
Posted on: Tuesday, February 5th 2008 and is filed under Press Releases.
Bajaj Electricals, further consolidated its position during the third quarter ended 31st Dec 2007. The net sales/income from operations for the third quarter is higher by 28.9 % at Rs. 365.1 Crore as against Rs. 283.3 Crore in the third quarter of the previous year. The Profit before Tax ...
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Steel Min inaugurates SAIL’s golden jubilee celebration
Posted on: Tuesday, February 5th 2008 and is filed under Press Releases.
Steel Authority of India Limited (SAIL) today commenced year-long celebrations titled Antaragni to commemorate the 50th year of production by its first plants with a function held at the Plenary Hall of Vigyan Bhawan in New Delhi. The celebrations were inaugurated by Union Minister for Ch...
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CARE signs MOU with State Bank of Patiala
Posted on: Tuesday, February 5th 2008 and is filed under Press Releases.
Credit Analysis & Research Limited (CARE), has signed Memorandum of Understandings (MOU) with State Bank of Patiala, under which CARE will assign ratings to the Bank loans under RBI’s Basel II framework. As per the MOU, Bank may advise their clients to get their facilities rated b...
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Zylog Systems opens state-of-the-art facility in Chennai
Posted on: Tuesday, February 5th 2008 and is filed under Press Releases.
Zylog Systems Limited (BSE Code: 532883, NSE Code: ZYLOG.NS) inaugurated its state-of-the-art facility at the IT corridor in Sholinganallur, Chennai, by Mr. V.R. Lakshmi Narayanan, IPS, Director General of Police (Retd) and, Mr. R.S. Reddy, Executive Director, Union Bank of India. The new...
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Manjushree Rights-cum-Public issue of Rs 35.70cr
Posted on: Tuesday, February 5th 2008 and is filed under Press Releases.
Manjushree Extrusions Rights-cum-Public Issue of Rs.35.70 crores closes on 6th February 2008. The fund being raised is proposed to be utilized to part finance the Company’s expansion cum diversification project of Rs. 53.70 crores, presently under implementation. A term loan of Rs. 18 ...
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