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Religare & Vistaar join to launch Film Fund

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

Religare Enterprises Limited along with Vistaar Entertainment Ventures today announced the launch of the “Vistaar Religare Film Fund” (VRFF), India’s first ever film fund. VRFF will be India’s first regulated film fund and the AMC Vistaar Religare Capital Advisors Limited, has fil…

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Invt by FIIs-Monitoring of overall ceiling: Kalindee Rail

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

The Reserve Bank India has today notified that no further purchases of shares of M/s Kalindee Rail Nirman (Engineers) Limited, should be made on behalf of Foreign Institutional Investors (FIIs) through stock exchanges in India under Portfolio Investment Scheme (PIS). The Reserve Bank of I…

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Invt by FIIs-Monitoring of overall ceiling: Kalindee Rail

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

The Reserve Bank India has today notified that no further purchases of shares of M/s Kalindee Rail Nirman (Engineers) Limited, should be made on behalf of Foreign Institutional Investors (FIIs) through stock exchanges in India under Portfolio Investment Scheme (PIS). The Reserve Bank of I…

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TCS launches initiative to harness talent from North East

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

Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing organization, announced that the company had undertaken a major new initiative to harness and develop the intellectual capital available in the North-East of the country. TCS is the first Indian IT …

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Air Arabia net profit soars to AED 376mn with 272% gwth

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

Air Arabia (PJSC), Middle East and North Africa’s first and largest low-cost carrier (LCC), has announced its financial results for the year 2007.The company achieved a net profit of AED 376 million for the financial year ending December 31, 2007 as against a net profit of AED 101 milli…

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Kamat Hotel’s VITS, Lotus Resorts intoduced at ITB, Berlin

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

Kamat Hotels (India) Limited (KHIL) will present VITS, the new chain of luxury business hotels and Lotus Resorts, a chain of luxury, waterfront resorts, at the ITB exhibition & convention to be held in Berlin in the first week of March 2008. KHIL is one of the fastest growing hospit…

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GTC to demerge into tobacco and real estate

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

GTC Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 29, 2008, inter alia, has considered and granted its in-principle approval to demerge the Tobacco business and the Real Estate business into two separate entities. The De-merged …

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LANXESS to build butyl rubber plant in Singapore

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

Specialty chemicals group LANXESS is to build a butyl rubber production plant in Singapore with an annual capacity of up to 100,000 metric tons. It is due to be commissioned in 2011. Dr. Axel C. Heitmann, Chairman of the Board of Management of LANXESS AG, announced the decision at a press…

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Inclusive gwth to achieve value creation:K V Kamath

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

“Without inclusiveness there is no sustainable value creation” said Mr K V Kamath, Vice President, CII & Managing Director & CEO, ICICI Bank at the CII’s 5th CFO Summit, 2008 in Mumbai today. While releasing the exclusive CII-PWC Report on ‘Sustaining …

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LANXESS to make investment in Singapore

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

Specialty chemicals group LANXESS AG is set to make the biggest single investment in its history in Singapore. A new chemical production site for synthetic rubber is to be built at the chemical park on Jurong Island. LANXESS has earmarked a record amount of EUR 400 million for this invest…

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