Fitch Ratings has assigned a final rating of ‘F1+(ind)(SO)’ to the series A Pass Through Certificates (PTCs) issued by a SPV called RB Loan Trust Series 25. This transaction is the securitisation of receivables from a term loan of 12 months, maturing on 16 July 2009. The final…

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Glodyne Technoserve Limited, through its subsidiary, Smaarftech Technologies Private Limited, signed an agreement with Bihar State Electronics Development Corporation (BSEDC) – Govt. of Bihar for executing a turnkey Technology Project worth Rs. 284 crores for implementing National Rural…

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Bharti Airtel, India’s leading telecom services provider today announced the launch of its virtual calling card service ‘Airtel CallHome’ in Singapore. The launch which comes soon after the successful UK entry, aims to bring four lakh Non Resident Indians (NRIs) and students in Sing…

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With a deployment of over 18,000 units,Oil & Natural Gas Corporation Ltd. (ONGC) has emerged as Microsoft Corporation’s largest Windows Vista customer in Asia. ONGC chose to implement Windows Vista due to its advanced security features, expected productivity benefits, search functi…

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Four Soft (4S) (NSE: “FOURSOFT”, BSE: 532521), a global leader offering software solutions for transportation and logistics industry, announced today that Adelantex, a Belgium based freight forwarder and customs agency has signed contract with Four Soft Netherlands B.V.,(subsi…

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The Ashok Leyland – Nissan LCV project crossed a significant milestone today with the signing of a Memorandum of Understanding with the Government of Tamil Nadu for acquiring 380 acres to locate the facilities of the joint venture companies at Pillaipakkam, 40 kms off Chennai. The integ…

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Confederation of Indian Industry (CII) announces its 6th International flagship summit – Pharma Summit 2008 to be held in Mumbai on September 10 2008. The Keynote address of the Summit will be given by Dr Anbumani Ramadoss, Hon. Union Minister for Health & Family Welfare, Gove…

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Infinite Computer Solutions (I) Ltd, a global IT solutions and services provider, today announced the signing of Business Transformation deal with textile major Arvind Limited for the Best of Breed ERP Implementation and ongoing support for five years post go-live. Arvind is one of the le…

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Essel Propack Limited (EPL) today announced an acquisition of Minneapolis based company “Medical Engineering & Design, Inc” (MED Inc.), a supplier of specialized disposable Medical Devices. EPL has acquired 74% equity of Med In. in an all cash deal through its US Subsidiary &#8…

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In a major success for India’s nuclear ambitions, the Nuclear Suppliers Group (NSG) today (September 6) granted it a crucial waiver that will enable it to carry out nuclear commerce, ending 34 years of isolation enforced in the wake of the 1974 Pokharan nuclear tests. The unprecede…

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