eClerx Services Ltd (ESL), India’s first listed KPO, accepted a cure amount of $ 561,340.33 proposed by the Company’s previous client as full and final payment against the receivables of approximately a million dollars. This cure amount was offered under a petition filed by its cl…

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Siemens Energy has secured an order from India for the supply of four steam turbine generators. Purchaser is the Indian utility Vadinar Power Company Ltd., a wholly owned subsidiary of Essar Oil Ltd. The steam turbines and generators will be installed in a cogeneration plant in Vadinar in…

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Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced that it has signed a definitive agreement to acquire SEEC Inc (www.seec.com), a US based Product and Component Services Company for…

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Tulip Telecom, India’s leading enterprise communications service provider has been chosen as one of the best companies in the list of 200 ‘Best Under a Billion’ companies for the Asia Pacific region by US magazine Forbes. Forbes qualified Tulip Telecom based on a combination of fina…

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RiskTech, a Hexaware subsidiary and a leading provider of Enterprise Risk Management and Risk Technology services, today announced a number of key achievements. RiskTech has won three new consulting and implementation contracts in US in areas of credit and operational risk. RiskTech is wo…

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Adani Enterprises Limited (NSE: ADANIENT). Member of the Adani Group one of the most dynamic conglomerates with diversified businesses and the developer of the Mundra Port, has signed an exclusive joint venture agreement with the Chemoil (SGX-ST: CHEL.SI), one of the world’s leading …

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SRL Ranbaxy Limited, India’s Largest Pathology Laboratory Network, has been rechristened Super Religare Laboratories Limited (SRL). This is a move to leverage the trust and credibility the Religare brand enjoys in the financial services domain to the other service businesses of the grou…

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IDBI Fortis Life Insurance began its operations with a big bang by collecting premium of over Rs 100 crore within a record time of five months, thus becoming the fastest growing new life insurance company in the private sector. As a part of their aggressive 100-branch plan, IDBI Fortis Li…

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SE Forge Limited (SE Forge), a subsidiary of Suzlon Energy Limited, which is setting up one of the largest foundry and forging capacities in the world to cater to the growing wind energy sector, announced today that it has raised equity investment of INR 4,000 Million from IDFC Private Eq…

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Following is the list of stocks having a P/E less than 3.5. For people who don’t know what P/E is about I recommend them to check it out here. But at the same time it should be remembere…

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