IDBI Fortis Life Insurance began its operations with a big bang by collecting premium of over Rs 100 crore within a record time of five months, thus becoming the fastest growing new life insurance company in the private sector. As a part of their aggressive 100-branch plan, IDBI Fortis Li…

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SE Forge Limited (SE Forge), a subsidiary of Suzlon Energy Limited, which is setting up one of the largest foundry and forging capacities in the world to cater to the growing wind energy sector, announced today that it has raised equity investment of INR 4,000 Million from IDFC Private Eq…

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Educomp today announced that it has signed an agreement with the Department of State Education Research & Training (DSERT), Government of Karnataka for implementation of Computer aided education in 1571 schools in Karnataka.The order worth Rs. 109 crore will be implemented over a per…

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HCL Technologies (HCL) today announced that it has made a cash offer for a leading UK-based SAP consulting company, Axon Group Plc (Axon). Under the terms of the Offer, Axon shareholders will receive 650 pence in cash for each Axon share valuing the entire issued and to be issued share ca…

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Empee Distilleries Limited reported net sales of Rs 55,742 lakh for nine months ended June 30, 2008. Net sales for the quarter ended June 30, 2008 was Rs 18,087 lakh. “The board, which approved the results at a meeting held on Wednesday, September 24, recommended an overall dividend of …

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For the second year running, HDFC Bank has featured in the prestigious ‘Forbes Asia’s Fabulous 50 List of companies’ chosen from 500 publicly traded (listed) companies in Asia Pacific with revenues or market capitalization in excess of $ 5 billion (INR 22,330 crore). …

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Info Edge, India’s Largest Internet Company, announced an investment of INR 200 Million towards a 49% equity stake in eTechAces Marketing and Consulting Private Limited, a company in the business of distributing financial products online. The investment would be made in tranches bas…

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TCI SCS, the supply chain and logistics consultancy division of Transport Corporation of India (TCI), India’s leading integrated logistics solutions provider, was awarded the “Best 3PL” (Third Party logistics service provider) for the year at the Express Logistics and Supply chain (…

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Rediffusion DYR Bangalore has won the pitch for the creative duties of Jyothy Laboratories’ mosquito repellent brand Maxo. The size of the business is estimated to be around Rs. 11 crores. According to industry sources, the pitch was aggressively contested between Mudra Communications, …

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Playwin, India’s first and largest online gaming company announces the launch of myplaywin.com cards. Myplaywin.com cards are ITZ powered gaming cards priced at Rs.200/- launched primarily to attract new segments of the market – SEC A and B and induce them to play online having reduce…

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