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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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FM inaugurates PNB’s 1st micro finance branch

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

Shri P Chidambaram, Finance Minister, Govt. of India inaugurated PNB’s 1ST Micro Finance Branch at Mukundpur, Delhi. Dr. K.C. Chakrabarty, Chairman & Managing Director, PNB, Shri Jile Singh Chauhan, MLA, Shri K. Raghuraman, Executive Director, PNB, Shri JM Garg, Executive Direc…

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ArcelorMittal net income of $2.4bn, up 5%

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

ArcelorMittal (referred to as “ArcelorMittal”, or “the Company”) (New York: MT; Amsterdam: MT; Madrid: MTS; Paris: MTP; Brussels: MTBL; Luxembourg: MT), the world’s largest and most global steel company, today announced results for the three months ended March 31, 2008. Q108 hi…

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GAIL posts turnover up by 12% to Rs 18,008cr

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

GAIL (India) Limited has recorded sustained performance in all key physical as well as financial parameters in the Financial Year 2007-08. According to the audited figures, Turnover (excluding internal consumption and net of excise duty) in the year 2007-08 increased by 12 percent to Rs. …

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Varun Shipping’s Annual PAT up by 59.73%

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

Varun Shipping’s net profit after tax for the financial year ended 31st March, 2008 increased by 59.73 per cent to Rs.2,257.80 million as compared to Rs.1,413.50 million for the previous financial year. The company has recommended a final dividend of 20 per cent for the financial yea…

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Satyam soln dramatically reduces downtime for cement cos

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

Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, announced today that it has developed a new and unique streamlined solution for process manufacturing companies which normally take an annual or semi-annual plant maintenance shutdown. Using Sa…

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Net4 registers 33% growth

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

Net4 India Ltd, a leading IP Communication service provider, today announced its financial results for the year ended March 31, 2008. The consolidated total income for the year ended March 31, 2008 was Rs.137.63 Cr as compared to Rs. 103.66 Cr recorded during the previous fiscal, an incr…

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TTML presents Welcome Tunes

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

Tata Teleservices (Maharashtra) Limited (TTML), one of the youngest and fastest growing telecom service providers across Maharashtra & Goa today announced an industry first value added service that permits subscribers to assign up to 15 different ‘Welcome Tunes’ from the latest…

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Blue Star total income grows 41% to Rs 2270cr in FY08

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

Blue Star’s Total Income grows 41% to Rs 2270 crore in FY08. Net Profit surges by 145%. Financial Performance for 2007-08 * Central airconditioning and commercial refrigeration major Blue Star Limited reported Total Income of Rs 2270.09 crore for the year ended March 31, 2008,…

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Corporation Bank & LIC ties-up with PayMate

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

LIC & Corporation Bank today announced their alliance with PayMate to enable SMS-based insurance premium payments for its customers in an easy, efficient and secure way. Corporation Bank customers with LIC insurance policies can avail this service by getting registered with PayMate. …

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