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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Diana Tea Co got re-listed on BSE today after its trading was suspended from July 29th, 2008. The company has undergone a capital restructuring Previously the company had a equity base of 3,75,00,000 shares of Rs 2 FV which is now consolidated into 1,50,00,000 shares of Rs 5 FV. The sha…

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IBM (NYSE: IBM) today announced that North Delhi Power Limited (NDPL), a Tata Power and Government of Delhi joint venture company, which distributes electricity across North and North Western part of Delhi, has joined the IBM-led global Intelligent Utility Network coalition of few selecte…

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IFGL Refractories Limited (IFGL) has set up a modern facility for the manufacture of Bio Ceramics in which Orbital Implants based on synthetic porous Hydroxyapatite material are also manufactured, These are marketed under the trade name CeraEye. CeraEye manufactured as per the Patented …

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India’s famous Gitanjali Gems Ltd., has signed a MOU with MMTC (Mineral and Metal trading Corporation of India).The Memorandum Of Understanding (MOU) will be a synergy where both companies can bring, highest level of commitments, business knowledge and industry expertise to aggressively…

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MphasiS, an EDS company, announced an expansion of its India operations with a new center in Hyderabad. Located in Cyber Towers, Hi-tech City, the center will initially have 100 seats with a capacity to increase employee numbers. The center was inaugurated today, by Shri Damodar Reddy, Ho…

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Geometric Technologies, Inc. (formerly TekSoft, Inc.), a subsidiary of Geometric Limited and an industry leader in developing advanced manufacturing software, will showcase CAMWorks® 2009 at the International Manufacturing Technology Show (IMTS 2008) at booth number D3110 in Chicago, IL …

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Parsvnath Developers Limited (PDL), India’s leading Real Estate Company with pan India presence having diversified portfolio has announced the launch of Parsvnath Residency a Group Housing project at Moradabad. The Project Parsvnath Residency is strategically located in the heart of Mo…

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The lockout at the Perambra plant of Apollo Tyres in Kochi, Kerala, has been resolved and employees would resume work from the morning shift of September 3, 2008. The government played a key supportive role in resolving the deadlock. Two key issues have been resolved. The Unions have ag…

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Veruthe Oru Bhariya, the latest Malayalam film starring Jayaram, has grossed collections of close to Rs. 1.5 crore within just two weeks after being distributed in Kerala by Pyramid Saimira Theatre Ltd, the distribution and exhibition arm of the Pyramid Saimira Group. The film, directed b…

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