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Blue Star Infotech implements ERP solution for Excel Inds

Posted on: June 13th, 2008 and is filed under Press Releases.

Blue Star Infotech (BSI), a leading provider of IT Solutions and Services in the Indian market and an Oracle Certified Partner, announced that it has successfully implemented the Oracle E-Business Suite Release 11i for Excel Industries Ltd. BSI completed the implementation within six and…

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DSP ML Fund Managers signs agreement with South Indian Bank

Posted on: June 13th, 2008 and is filed under Press Releases.

DSP Merrill Lynch Fund Managers and South Indian Bank today announced a strategic partnership for distribution of products. South Indian Bank will distribute DSP Merrill Lynch Mutual Fund schemes through its selected branches spread across the country. Mr.Cheryan Varkey, Chief General Ma…

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DSP ML Fund Managers signs agreement with South Indian Bank

Posted on: June 12th, 2008 and is filed under Press Releases.

DSP Merrill Lynch Fund Managers and South Indian Bank today announced a strategic partnership for distribution of products. South Indian Bank will distribute DSP Merrill Lynch Mutual Fund schemes through its selected branches spread across the country. Mr.Cheryan Varkey, Chief General Ma…

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Siemens awards 80mn euro WAN deal to Orange Business Srvs

Posted on: June 11th, 2008 and is filed under Press Releases.

Siemens AG has signed a five-year, 80 million euro MPLS-based IP VPN contract with Orange Business Services to migrate a large portion of its worldwide network to Orange, its new trusted partner. Orange Business Services is now designing and migrating 1,100-site Siemens Wide Area Network …

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Oil heads for $150 a barrel

Posted on: June 8th, 2008 and is filed under Press Releases.

If you thought the fuel price hike on Wednesday was bad news, the worst is yet to come. Global crude prices have soared by over $11 since then to cross $138 per barrel, and Morgan Stanley predicted they would hit $150 a barrel by July 4. The government would not dream of contemplating an…

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TCL’s Sodium Bicarbonate plant operational in Netherlands

Posted on: June 6th, 2008 and is filed under Press Releases.

Tata Chemicals Limited (TCL), world’s second largest producer of Soda Ash, today announced the opening of a new hi-tech Sodium Bicarbonate plant adjacent to its Brunner Mond facility in Delfzijl. The highly automated plant uses surplus carbon dioxide from the soda ash plant as one of it…

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Archidply Inds IPO opens on June 11, price band at Rs 70-80

Posted on: June 5th, 2008 and is filed under Press Releases.

Archidply Industries Limited manufacturers of comprehensive engineered interior products which include Plywood, Block Board, Plain and Pre Laminated Particle Board, Decorative Laminates and Decorative Veneers, today announced a price band of Rs 70 to Rs 80 for its forthcoming Initial Publ…

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ABN AMRO advises Sterlite Inds on the largest India-US M&A

Posted on: June 4th, 2008 and is filed under Press Releases.

ABN AMRO acted as sole financial advisor to Sterlite Industries (a Vedanta Resources plc company) for the proposed acquisition of ASARCO LLC. The acquisition includes substantially all of the operating assets of ASARCO, a Tucson, Arizona based copper mining, smelting and refining company….

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Welspun India bags 2 Awards

Posted on: June 3rd, 2008 and is filed under Press Releases.

Dun and Bradstreet in association with ECGC (Export Credit Guarantee Corporation of India) have awarded Welspun India Ltd. with Indian Exporters Excellence Award and the Emerging Exporter of the Year Award in Textile Segment at an event held in Mumbai. Speaking at the award ceremony, Mr….

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Sterlite Inds to buy operating assets of ASARCO for $2.6bn

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

Sterlite Industries (India) Limited (“Sterlite”), a subsidiary of Vedanta Resources plc, the London-based FTSE 100 metal and mining group, and ASARCO LLC (“Asarco”), a Tucson based mining, smelting and refining company, announced today that they have signed a definitive agreement …

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