TAKE Solutions Ltd. and Four Soft Ltd., both leading providers of IT products and solutions in the Supply Chain Management space today announced their intent to merge. The combination will create a truly global, comprehensive company with one of the largest product offerings in Supply C…

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Bata India Ltd, the largest footwear retailer and a leader in the footwear industry in India, has made a profit before tax of Rs. 551.5 million in the year 2007. Profits of 2006 included Rs.171.3 million one time exceptional items. Without considering the exceptional item of 2006, the inc…

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Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced financial results for its fiscal fourth quarter and fiscal year ended February 29, 2008. “During the fourth quarter, I spent a significant amount of time meeting with customers, par…

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Rolta is aggressively gearing up to capture huge growth opportunities by strengthening its senior management team with an increased focus on delivery, production and support. Rolta today announced the appointment of Ms. Preetha Pulusani as Joint Managing Director of the Company effective…

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The National Human Resource Development (NHRD) Network announces the appointment of Prameela Kalive as President of its Pune Chapter. Prameela Kalive is the Global HR Head of Zensar Technologies, a leading global software services and BPO provider headquartered in Pune. With experience o…

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Industrial Development Bank of India Ltd. (IDBI), one of India’s leading state-owned banks, today opened its first City SME Center (CSC) in Mumbai to give a fillip to Small and Medium Enterprises (SMEs) lending. The CSC has been established to streamline the credit appraisal process to …

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Tata Motors (Thailand) Co. Ltd. today pulled the wraps off the Tata Xenon 1-tonne pickup truck at the annual Bangkok International Motor Show. The Xenon will be sold from today across Thailand through the company’s own dealer network. Over 20 dealers have already been appointed and …

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Spearheading another first of its kind, Bharti Airtel has launched its PCO in a local auto rickshaw at Boisar in the Vasai zone of the M&G (Maharashtra and Goa) circle. This is for the first time that a telecom operator has tied up with the ubiquitous auto rickshaw to ensure seamless…

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Federal Bank, the leading private sector bank in the country headquartered at Kochi, Kerala, is expanding its branch network to more than 600 centres by opening 26 branches on March 26, 2008. Speaking to newsmen in Mumbai, Mr Thomas Joseph, General Manager , Federal Banl said that the B…

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Alok Industries Limited, amongst India’s leading integrated textile manufacturers, announced today that it is in the final stages of consolidating its financing plans for the infrastructure ventures taken up by Alok Infrastructure Pvt Ltd, a wholly owned subsidiary of the company. Alok…

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