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BAE Systems appoints Ravi Uppal as Non-executive Director

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

The Board of BAE Systems plc has appointed Ravi Uppal as a Non-executive Director of the Company, with effect from April 2, 2008. …

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NYSE Euronext welcomes Satyam to European mkt

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

Satyam Computer Services (NYSE: SAY/Euronext: SAYE/NSE: SATY), a leading global information technology (IT) solutions provider headquartered in Hyderabad, celebrated its fast-path cross-listing on Euronext Amsterdam. …

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Tata Motors to launch Tata Nano in latter part of 2008

Posted on: February 19th, 2008 and is filed under Press Releases.

Tata Motors clarifies that the company has not advanced the commencement of production and launch of the Tata Nano, as is being reported in a section of the electronic media. …

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Fitch assigns AAA(ind) rating to SAIL

Posted on: February 19th, 2008 and is filed under Press Releases.

Fitch Ratings has today assigned a National Issuer Rating of ‘AAA(ind)’ to India-based Steel Authority of India Limited (SAIL). SAIL’s INR20,000 million Long Term Bank Loan programme, INR20,000m Long Term Fund based Bank Limits and INR50,000m Long Term Non-fund based Ban…

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Disney increases its stake in UTV to 32.1%

Posted on: February 19th, 2008 and is filed under Press Releases.

In one of the largest media and entertainment foreign investments into India, The Walt Disney Company (Southeast Asia) Pte Ltd (“TWDC”), a subsidiary of The Walt Disney Company, is to invest approximately INR 805 crores (USD 203 million) into UTV Software Communications Limited (“UT…

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Essar to form end to end logistics company

Posted on: February 18th, 2008 and is filed under Press Releases.

Essar Shipping Limited (“ESL”, ticker 500630) today announced a plan to explore opportunities for re-organisation / consolidating the business of ESL with certain other businesses of the Essar Group to become a one-of-a-kind integrated logistics company. …

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Anjani Portland posts turnover up by 50% to Rs 30.43cr

Posted on: February 18th, 2008 and is filed under Press Releases.

Anjani Portland Cement Ltd (BSE: 518091) announced 66 % net profit after tax jump in its unaudited financial results for the quarter ended December 31, 2007 at its Board Meeting held today. Fuelled by the rapid growth, …

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University of Oxford to establish India Business Centre

Posted on: February 18th, 2008 and is filed under Press Releases.

The Vice-Chancellor of the University of Oxford, Dr John Hood announced the establishment of the Oxford University India Business Centre (OUIBC) during a visit to New Delhi. The Centre, which will be located at Saïd Business School in Oxford, …

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RBI & 1044 branches of banks to accept advance Income Tax

Posted on: February 17th, 2008 and is filed under Press Releases.

As many as 1044 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. …

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Tata Motors showcases new range at the Defence Expo’08

Posted on: February 17th, 2008 and is filed under Press Releases.

Tata Motors today displayed its new range of tactical and armoured vehicles at the Defence Expo 2008. This range showcases the company’s expertise in providing a wide range of military mobility solutions. …

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