CARE assigned ‘CARE AA-’ (Double A Minus) rating to the long-term bank loans / facilities and ‘PR 1+’ (PR One Plus) rating to the short-term bank loans / facilities of Sadbhav Engineering Limited (SEL) for an aggregate amount of Rs 944.16 cr, including- outstanding term loan (as o…

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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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CARE has assigned ‘CARE AA-’ (double A minus] rating to the long-term bank loans / facilities of Elecon Engineering Company Ltd. (EECL). This rating is applicable for facilities having tenure of over one year. Also, CARE assigned ‘PR 1+’ [PR One Plus] rating to the short-term ban…

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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 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 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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Bharat Forge Limited., the flagship company of the USD 2.1 billion Kalyani Group and a leading global ‘Full Service Supplier’ of forged and machined components, at its Board Meeting held today approved a Preferential Issue of Convertible Warrants subject to requisite approval …

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ABG Shipyard Ltd, the country’s largest shipyard has delivered a highly impressive new Anchor handling tug “LAMNALCO MALLARD” to the owner Lamnalco Group, UAE. The Lamnalco Mallard is the third vessel to be delivered to Lamnalco in this financial year. ABG so far delivered 8 vessels…

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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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i-flex® solutions (Reuters: IFLX.BO & IFLX.NS), a leading provider of technology solutions to the global banking and financial services industry, today announced that Rakuten, Inc. and Tokyo Tomin Bank have successfully launched an online banking branch, with FLEXCUBE® i-flex’s c…

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