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Cummins India to make investments in power generation

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

Cummins India Limited – Power Generation Business Unit unveiled three new products for the domestic market at the opening of POWER-GEN India & Central Asia 2008 exhibition hosted at Pragati Maidan. The three new products include; 30/35 kVA low horse power generator sets in the…

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Intelligroup’s revenue grew marginally QoQ & 19.6% YoY

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

Intelligroup Inc., a consulting, business optimization, and outsourcing firm serving global corporations, today reported results for its fourth quarter and year ended December 31, 2007. Fourth Quarter Highlights – Revenue growth: Revenue grew marginally quarter over quarter…

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Wipro to mkt, implement, i-flex’s products in Middle East

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

i-flex® solutions (Reuters: IFLX.BO & IFLX.NS), a leading provider of IT solutions to the global financial services industry, today signed an agreement with Wipro Limited under which Wipro will market, implement and support i-flex’s products in the Middle East and Egypt. The produc…

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Aries Global Logistics selects Four Soft’s POMS software

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

Four Soft (4S) (NSE: “FOURSOFT”, BSE: 532521), a global leader in software solutions for transportation and logistics verticals, announced today that Aries Global Logistics (AGL), a large New York based International Freight Forwarder/NVO and Customs-House broker, has selected…

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Titagarh Wagons Ltd IPO price fixed at Rs 540/sh

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

Titagarh Wagons Limited (“TWL” or the “Company”), a private sector railway wagon manufacturer in India, primarily engaged in the business of manufacturing railway wagons, heavy earth moving and mining equipment, bailey bridges, steel and SG iron castings, has fixed the Issue Price…

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Welspun Gujarat commences 1.5mn tonne Plate mill

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

Welspun Gujarat Stahl Rohren Ltd. takes pride in announcing the commencement of its 1.5 million tonne state-of-art Plate mill – one of the only three mills of its kind in the World as of 28th March 2008. Part of the backward integration project of Welspun, the mill has the capacity to p…

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MindTree Consulting is now MindTree Ltd

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

MindTree Consulting Ltd., a global IT and R&D Services Company, today announced that it has changed its name to MindTree Ltd. with immediate effect. Consequently, the company has also made changes to its visual identity. Over the years, MindTree has emerged as one of the fastest gr…

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Aptech’s net revenues grow by 18%

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

For the year ending 2007, Aptech Limited, the Global Learning Solutions Company, posted impressive System-wide revenues of 390.64 crores, registering a growth of 62% over the previous year on a standalone basis. The PAT stood at 2.46 crores. The standalone audited financial results were …

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Fitch assigns A+(ind)’/’F1+(ind) to Varun Shipping

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

Fitch Ratings has today assigned a National Issuer Rating of ‘A+(ind)’ to India-based Varun Shipping Company Limited (Varun). Fitch has also assigned a rating of ‘A+(ind)’ to its INR22370 million long-term bank loans, and a rating of ‘F1+(ind)’ to its I…

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Bartronics America obtains US patent for RFID technology

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

Bartronics America Inc., a wholly owned subsidiary of Bartronics India Limited, the pioneer in RFID and AIDC technologies in India, has been granted a patent from US Patents Office for designing and manufacturing a non-reusable tamper-resistant identification device, increasingly used in …

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