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Rakuten,Tokyo Tomin Bank launch innovative virtual bank

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

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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Sun Pharma gets approval to mkt generic Demadex tablets

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

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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Bharat Forge to raise Rs 300cr through preferential offer

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

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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Tata Comm expands Global VPN Services to China

Posted on: February 27th, 2008 and is filed under Press Releases.

Tata Communications leading provider of a new world of communications, announced today the expansion of its Global VPN service to China through an NNI (Network to Network Interface) agreement with China Enterprise Netcom Corporation Limited (China Entercom or CEC),value-added telecommunic…

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PayWorld to establish pan India presence by year end

Posted on: February 27th, 2008 and is filed under Press Releases.

PayWorld, a leading electronic distributor of pre paid products plans to tap the explosive growth in the telecom and DTH businesses to establish the country’s largest retail chain providing online services. The company provides online services for verticals like prepaid recharges, bill …

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KS Oils appoints 3 Independent Directors

Posted on: February 27th, 2008 and is filed under Press Releases.

K S Oils Limited, one of India’s leading integrated edible oil company’s and the leader in the Packaged Mustard Oils business, today announced the appointment of three senior and renowned industry professionals as Independent Directors to its board. The induction of the three new Inde…

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Maruti Suzuki honoured for contribution to government kitty

Posted on: February 25th, 2008 and is filed under Press Releases.

Country’s leading car maker Maruti Suzuki India Limited (MSIL) has been honoured by the Central Board of Excise and Customs, Ministry of Finance for its extensive contribution to the national exchequer. Finance Minister Mr. P. Chidambaram gave away the “Appreciation Award” at an inv…

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Maruti Suzuki honoured for contribution to government kitty

Posted on: February 25th, 2008 and is filed under Press Releases.

Country’s leading car maker Maruti Suzuki India Limited (MSIL) has been honoured by the Central Board of Excise and Customs, Ministry of Finance for its extensive contribution to the national exchequer. Finance Minister Mr. P. Chidambaram gave away the “Appreciation Award” at an inv…

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Fitch assigns A-(ind)’/’F1(ind) rtgs to Ansal Properties

Posted on: February 25th, 2008 and is filed under Press Releases.

Fitch Ratings has today assigned a National Long-term rating of ‘A-(ind)’ (A minus(ind)) to Ansal Properties & Infrastructure Limited’s (API) long-term debt programme of INR1000 million. The Outlook is Stable. Meanwhile, Fitch has also assigned a National Short-term…

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Usha Martin Group forays into technical education

Posted on: February 25th, 2008 and is filed under Press Releases.

Usha Martin Academy, promoted by the Usha Martin Group and supported by UshaComm as knowledge partner, was inaugurated recently in Kolkata. The Usha Martin Academy bridges the gap between classroom teaching and real-time industry requirements. Recognising that the key to future technol…

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