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Cinemax carries Oscar Fever to Town

Posted on: February 8th, 2008 and is filed under Press Releases.

With the Oscar fervor rising among movie-enthusiasts, Cinemax has assembled a package of award winning films for all Hollywood fans in the city! The leading multiplex chain will screen three critically acclaimed movies – Crash (2006); the touching flick on Racial and Social tension, the…

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Tata Power appoints S Padmanabhan as E. D.(Operations)

Posted on: February 8th, 2008 and is filed under Press Releases.

The Tata Power Company Limited today announced the appointment of Mr. S Padmanabhan as Executive Director (Operations) with effect from February 6, 2008. In his role as E.D. (Operations), Mr. Padmanabhan will be responsible for all the Company’s Operations, including the Mumbai Licence …

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Seedfund to evaluate biz plan of Mudranik, UNIAPPLY

Posted on: February 8th, 2008 and is filed under Press Releases.

Seedfund, India’s leading early-stage venture capitalist fund, has proposed to work towards funding the business plans of the two teams Mudranik and UNIAPPLY teams- IMM students- for their winning ideas on the publishing and education sectors, respectively at the i2I 2008 an annual entr…

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Tata Capital plans to create CIC with Equifax,CRISIL

Posted on: February 8th, 2008 and is filed under Press Releases.

Tata Capital, Equifax Inc. and CRISIL have reached a preliminary understanding to develop plans to create a credit information company in India. To this effect, Equifax has submitted an application to the Reserve Bank of India (RBI) for operating a credit information company in response …

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Kohlberg Kravis Roberts to invest in Bharti Infratel

Posted on: February 7th, 2008 and is filed under Press Releases.

Bharti Infratel, a wholly owned subsidiary of Bharti Airtel Limited, today announced that leading private equity firm Kohlberg Kravis Roberts & Co. (KKR) has agreed to invest USD 250 million in Bharti Infratel. The investment will be made by KKR’s Asia dedicated private equity fund…

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Yara to sign JV with Deepak Fertilisers & Petrochemicals

Posted on: February 7th, 2008 and is filed under Press Releases.

Yara International ASA and Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) have announced that they had signed a Heads of Agreement with the intention of establishing a joint venture company (JV) to produce and market ammonium nitrate and speciality fertilisers in India. …

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SBS to open new BPO facility in Madurai

Posted on: February 7th, 2008 and is filed under Press Releases.

Chennai headquartered SBS (Sundaram Business Services), the BPO arm of leading financial services company, Sundaram Finance, has announced its first expansion into a Tier 2 city with the setting up of a BPO facility in Madurai. SBS’s new 12000 sq. ft BPO delivery facility will co…

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GNFC reports Q3 net profit of Rs 123.76cr

Posted on: February 7th, 2008 and is filed under Press Releases.

GNFC Reports Q-3 Net Profit of Rs. 123.76 crore, and Nine Months’ Net Profit of Rs. 320.13 crore which are highest ever profits in the history of the Company The fertilizers and chemicals major GUJARAT NARMADA VALLEY FERTILIZERS CO. LTD. has posted impressive, ever highest result…

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Firstsource reports total income up by 71.6% to Rs 3825 mn

Posted on: February 7th, 2008 and is filed under Press Releases.

Firstsource Solutions Limited (NSE:FSL, BSE:532809), among India’s leading pure-play BPO companies reported its results for the quarter ended December 2007 according to Indian GAAP. Highlights of Quarter ended December 2007 v Total income of Rs. 3825 million for the quarter e…

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Indoco Remedies net profit up by 23% to Rs 11.85cr

Posted on: February 7th, 2008 and is filed under Press Releases.

For the second quarter ended 31st December, 2007, Indoco Remedies Turnover increased by 15.91% to Rs.94.93 crores (Rs.81.90 crores) while Net Profit increased by 23% to Rs.11.85 crores (Rs.9.63 crores). The Company’s plant at Baddi is operating at optimum capacity thereby reducin…

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