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M&M FES records 26% gwth in tractor sales in May 2008

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

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the U.S. $6.7 billion Mahindra Group, significantly consolidated its leadership position in the tractor industry in May 2008. Domestic sales of tractors of M&M Ltd., Punjab Tractors Ltd. and Mahindra Gujarat Tract…

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Future Brands to make ‘DJ&C’, a Rs 1000cr brand by 2010

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

DJ&C, a unisex denims and casual wear brand for the youth, currently a Rs.150 crore brand, is all set for an image make over. Future Brands, a part of Future Group, recently unveiled the Brand DJ&C and it’s advertising campaign, which is mostly retailed through it’s flagsh…

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Plastiblends net profit up 100%

Posted on: May 20th, 2008 and is filed under Press Releases.

Plastiblends India Limited, India’s largest producer and exporter of masterbatches for the plastic industry, today announced results for the quarter and year ended March 31, 2008. Financial Highlights – Quarter ended March 31, 2008 · Sales increased by 23% to Rs. 43.62 cr. ·…

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SBI, GE Money to expand partnership beyond credit cards

Posted on: May 14th, 2008 and is filed under Press Releases.

State Bank of India and GE Money announced jointly today plans to take the 10 year old strategic partnership to a new level of growth and expansion in the future, after a meeting between Mr. O. P. Bhatt, Chairman, State Bank of India and Mr. Yoshiaki Fujimori, President & CEO, GE Mo…

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Mahindra World City bags 2 international awards

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

The residential and social amenities zone at Mahindra World City, New Chennai was designed by M/s HOK, USA with the belief in creating work and life spaces that are world-class and seamlessly integrate with the natural surroundings they are set in. It has led to the planners and architect…

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Avaya Unified Comm goes hands-free with voice recognition

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

Mobile workers can now “talk” to their telephones while on the road. This means that they can keep their eyes on the road and stay safely connected to the office using speech commands with their own “personal assistant”, Avaya Inc. announced today. The speech interface is now inc…

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M&M to raise additional resources through FCDs

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

The Board of Directors of Mahindra & Mahindra Limited at its Meeting held on 3rd May, 2008 have approved raising additional resources through issuance of Unsecured Fully and Compulsorily Convertible Debentures to Golboot Holdings Limited, an entity controlled by Goldman Sachs, detail…

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GAIL gets 2 Awards for Excellence in Cost Management

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

GAIL (India) Limited has once again received the National Award for Excellence in Cost Management from The Institute of Cost and Works Accountants of India (ICWAI). GAIL’s JLPL unit won the Second Award in public sector – Service category and Gandhar LPG unit won the Third Award i…

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Sujana Universal Inds income grows by 224.49%

Posted on: April 29th, 2008 and is filed under Press Releases.

Sujana Universal Industries limited, the domestic appliances arm of Sujana Group of Companies, renowned for its Padmini brand of fans has reported a 224.49 % growth in its total income at Rs 68432.95 lakh in the quarter ending on March 31, 2008. The total income in the corresponding peri…

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SBI Life records 93% gwth in FY07-08

Posted on: April 29th, 2008 and is filed under Press Releases.

SBI Life Insurance Company Limited, one of the most capital efficient insurers, today announced a Net Profit of Rs 34 crore for the financial year ended March 31, 2008 in its third consecutive year of profitable operations. Earlier this year, the company had wiped out the accumulated loss…

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