YES BANK, India’s new age private sector Bank, today announced that the meeting of the Capital Raising Committee of the Board of Directors of the Bank held on Tuesday, February 5, 2008 at Mumbai, has approved a proposal to raise funds by way of issuance of up to 20 million equity sh…

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Punjab National Bank has entered into MOUs with Credit rating agencies Fitch Ratings India Ltd. and ICRA. Under these MoUs, Fitch Ratings and ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy framewo…

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Steel Authority of India Limited (SAIL) today commenced year-long celebrations titled Antaragni to commemorate the 50th year of production by its first plants with a function held at the Plenary Hall of Vigyan Bhawan in New Delhi. The celebrations were inaugurated by Union Minister for Ch…

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Zylog Systems Limited (BSE Code: 532883, NSE Code: ZYLOG.NS) inaugurated its state-of-the-art facility at the IT corridor in Sholinganallur, Chennai, by Mr. V.R. Lakshmi Narayanan, IPS, Director General of Police (Retd) and, Mr. R.S. Reddy, Executive Director, Union Bank of India. The new…

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Manjushree Extrusions Rights-cum-Public Issue of Rs.35.70 crores closes on 6th February 2008. The fund being raised is proposed to be utilized to part finance the Company’s expansion cum diversification project of Rs. 53.70 crores, presently under implementation. A term loan of Rs. 18 …

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DSP Merrill Lynch Fund Managers today signed a distribution agreement with Oriental Bank of Commerce as part of their strategy to enhance their retail reach. Oriental Bank of Commerce will distribute DSP Merrill Lynch Mutual Fund schemes through its network of branches spread across the c…

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Reliance Infratel Limited, (the “Company”), subsidiary of Reliance Communications Limited proposes an initial public offering of 8,91,64,100 Equity Shares of Rs. 5 each (“Equity Shares”) for cash at a premium (the “Issue”) to be decided through the 100% book building process. …

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V-Guard Industries Ltd, a company based in Kerala, is engaged in the manufacturing and marketing of electrical and electronic products today announced a price band of Rs 80 to Rs 85 for its forthcoming Initial Public Offer (IPO) of 80,00,000 equity shares of Rs 10 each for cash at a premi…

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Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, announced that its global healthcare practice, working with the Byrraju Foundation, has implemented a program to provide tele-electrocardiograms (ECGs) to patients in remote areas of the countr…

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Prithvi Information Solutions Limited bagged an order of Rs. 309 Crores from BSNL to supply Transmission Equipment that helps increase network bandwidth. Prithvi has tied up with a Chinese telecom major, Huwei Technologies Limited to source the equipment and is customizing it for BSNL….

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