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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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HDFC Bank & Centurion Bank of Punjab to pursue merger

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

The Boards of HDFC Bank and Centurion Bank of Punjab met today to consider, in-principle, a merger between the two banks. The two Boards have resolved to pursue the merger subject to satisfactory due diligence, a fair share-swap ratio and all the requisite statutory, regulatory and corpor…

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KC Mahindra Award- Excellence in Automotive Design at NID

Posted on: February 24th, 2008 and is filed under Press Releases.

Mahindra & Mahindra, one of India’s leading automobile majors, today awarded the winners of the fifth K. C. Mahindra Award for Excellence in Automotive Design 2007. …

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PNB’s net profit increased by 26% to Rs 541.46cr

Posted on: February 24th, 2008 and is filed under Press Releases.

Dr. K.C. Chakrabarty, Chairman & Managing Director of Punjab National Bank disclosed the bank’s reviewed financial results for the third quarter of FY 2007-08. …

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Megasoft’s revenues up by 67% to Rs 2972mn

Posted on: February 24th, 2008 and is filed under Press Releases.

Megasoft Limited, today announced its audited financial results for the year ended December 31, 2007. The Company posted a Rs. 2972 million as revenues and Rs.560 Mn profit after tax for the year ended December 31, 2007, compared to revenues of 1783 Mn and net Income of Rs 326 Mn in the …

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CRISIL reports cons total income of Rs 413.49cr, up 40.63%

Posted on: February 24th, 2008 and is filed under Press Releases.

CRISIL’s Board of Directors, at its meeting held today, approved the Audited Financial Results for the year ended December 31, 2007. …

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EMCO enters into JV with Edison Power

Posted on: February 22nd, 2008 and is filed under Press Releases.

EMCO Ltd. (BSE Code: 504008), one of the leading Indian manufacturing companies and End to End solution Provider in Power Transmission and Distribution sector, entered into a MOU agreement for joint venture partnership with a South Africa based company, …

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L&T to build India’s 1st Heated Pipeline for Crude

Posted on: February 22nd, 2008 and is filed under Press Releases.

The Engineering and Construction Projects Division of Larsen and Toubro Limited (L&T) has been awarded another major contract by Cairn India for the Engineering Procurement and Construction (EPC) services for the Export Crude Oil Insulated Pipeline and Gas Pipeline from Barmer, Rajas…

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L&T to build India’s 1st Heated Pipeline for Crude

Posted on: February 22nd, 2008 and is filed under Press Releases.

The Engineering and Construction Projects Division of Larsen and Toubro Limited (L&T) has been awarded another major contract by Cairn India for the Engineering Procurement and Construction (EPC) services for the Export Crude Oil Insulated Pipeline and Gas Pipeline from Barmer, Rajas…

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Fitch assigns AA-(ind) & F1+(ind) to IVRCL Infrastructures

Posted on: February 22nd, 2008 and is filed under Press Releases.

Fitch Ratings has today assigned an issuer rating of ‘AA-(ind)’ (AA minus(ind)) to IVRCL Infrastructures and Projects Limited (IVRCL). The outlook is Stable. Fitch Ratings has also assigned a National Long-term Rating of ‘AA-(ind)’ (AA minus(ind)) to its existing I…

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