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NCR appoints Pradeep Sen as new MD for India area

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

NCR Corporation (NYSE: NCR) today announced it has selected Pradeep Sen as its new managing director for the India Area, which comprises India, Nepal and Sri Lanka. Sen brings to NCR over 20 years of relevant experience in the information technology (IT) industry. Based in Mumbai, Sen w…

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CARE assigns AA+ rtg to Bond issue of PNB Housing Fin

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

CARE, assigned ‘CARE AA+’ [CARE Double AA (Plus)] rating to the proposed bonds issue aggregating Rs.300 crore of PNB Housing Finance Ltd (PNBHF). Instruments with this rating are considered to offer high safety for timely servicing of debt obligations and carry very low credit risk. …

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Maruti Suzuki to export half a million cars

Posted on: February 28th, 2008 and is filed under Press Releases.

Car market leader Maruti Suzuki India Limited has achieved another significant milestone today. The cumulative exports of India’s leading carmaker today crossed half a million mark i.e. 500,000 units. As the ship liner, “Goliath Leader” left Mumbai port on 28th February, carrying…

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Oceanus, Sonata Software to deliver next generation sols

Posted on: February 28th, 2008 and is filed under Press Releases.

Oceanus has teamed up with Sonata Software Limited to enhance their development of integrated Case Management Solutions and Environment Management Solutions, which are specifically designed for customer service environments. As a result of this partnership, Oceanus is increasing its bandw…

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BOC’s net profit after tax for 9mths stood at Rs 61.66cr

Posted on: February 28th, 2008 and is filed under Press Releases.

BOC India limited, now a member of The Linde Group declared its audited financial results for the 9 months ended 31 December 2007 today. The Company had earlier taken a decision to close its financial accounts for a period of 9 months ended 31 December 2007 to align its accounting year w…

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Parsvnath starts construction of group housing project

Posted on: February 28th, 2008 and is filed under Press Releases.

Parsvnath Developers Ltd., India’s leading real estate developers, today announced the start of construction of ‘Parsvnath Preston’, a high-end group housing residential project, in Sonepat, Haryana. The expected realization from the project is over Rs 500 crore in next 3 years incl…

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Kale Consultants appoints Vineet Malhotra as VP-Marketing

Posted on: February 28th, 2008 and is filed under Press Releases.

Kale Consultants, the leading solutions provider to the Airlines, Logistics and Travel (ALT) industry, recently appointed Vineet Malhotra as the Vice President – Marketing, in its aim to intensify marketing and branding focus towards its stakeholders. In this capacity, Vineet will spear…

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LIC Hsng Fin launches reverse mortgage for senior citizens

Posted on: February 28th, 2008 and is filed under Press Releases.

LIC Housing Finance Ltd (LICHFL), a leading player in the Indian housing finance sector, rolls out reverse mortgage loans for senior citizens above 60 years of age. The loan will be given on single or on joint basis with the spouse, if the spouse is over 60 years. The reverse mortgage …

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Sun Pharma gets approval to mkt generic Demadex tablets

Posted on: February 28th, 2008 and is filed under Press Releases.

Sun Pharmaceutical Industries Ltd. announced that USFDA has granted final approval for the Company’s Abbreviated New Drug Application (ANDA) to market its generic version of Hoffman la Roche’s Demadex®, torsemide tablets.These generic torsemide tablets are therapeutic equivalents of …

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M&M launches Scorpio SUV & Pik-Up range in Peru

Posted on: February 28th, 2008 and is filed under .

Mahindra & Mahindra Ltd. (M&M), one of India’s leading automotive brands with a growing global presence, today announced the launch of the Mahindra Scorpio SUV and its Pik-Up range (Single and Double cab) in Peru, in partnership with Maquinaria Nacional S.A. (MANASA). “Th…

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