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Blue Dart conferred the ‘Superbrand’ status

Posted on: August 21st, 2008 and is filed under Press Releases.

Blue Dart Express Limited, South Asia’s premier No. 1 express air and integrated transportation, distribution and logistics company, has been conferred the ‘Business Superbrand’ status by the Superbrands Council at a ceremony held on 20th August, 2008 at the Ashoka Hotel, New D…

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Ansal API to invest about Rs 3600cr in IT SEZs/Parks

Posted on: August 21st, 2008 and is filed under Press Releases.

Ansal Properties and Infrastructure Ltd. (ANSAL API) a leading real estate developer in India, today announced a total investment of about Rs 3,600 crores in their soon to be launched IT/ITES SEZs/Parks. Ansal API is one of the first developers in India to obtain notification for setting …

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Empee Sugar commissions new plant in 2009

Posted on: August 20th, 2008 and is filed under Press Releases.

Work on the 5,000 TCD (tonnes crushing per day) state-of-the-art, integrated sugar complex of Empee Sugars and Chemicals Limited at Edaikal in Ambasamudram taluk of Tirunelveli district is going on in full swing with the company having already raised 1,000 acres of seed cane out of the to…

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ICICI Bank signs MoU with US Ex-Im Bank for USD 250mn

Posted on: August 20th, 2008 and is filed under Press Releases.

ICICI Bank Ltd, India’s second largest Bank, and The Export-Import Bank of the United States (Ex-Im Bank) today signed a Memorandum of Understanding (MOU) for USD 250 million to work together for financing the capital goods imports of Indian corporates from USA. This understanding is a…

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Adhunik Metaliks subsidiary gets into IPO mode

Posted on: August 20th, 2008 and is filed under Press Releases.

Leading alloy steel producer Adhunik Metaliks Ltd’s 100 per cent subsidiary Orissa Manganese and Minerals Limited (OMM) proposes to raise Rs 250-300 crore from a public issue later this year to fund its mining plans. All mines of OMM, except dolomite, are now in operation (iron Ore yet …

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BILT amongst top 10 cos with active CSR initiatives

Posted on: August 20th, 2008 and is filed under Press Releases.

Ballarpur Industries Ltd. (BILT), India’s leading paper manufacturer and flagship of the US$ 3 billion Avantha Group, has been named one of the top 10 companies to undertake active CSR initiatives in a study conducted by TNS India and The Times Foundation. In this national level study, …

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Spanco bags Rs 70cr order for Orissa Swan

Posted on: August 20th, 2008 and is filed under Press Releases.

Spanco Telesystems and Solutions Ltd, today, announced that they have bagged a Rs.70 crore contract for the roll out of a State Wide Area Network (SWAN) to connect over 300 districts/talukas under the Government of Orissa. Spanco in tandem with ITI will Build Own and Operate this network,…

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Spanco bags Rs 70cr order for Orissa Swan

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

Spanco Telesystems and Solutions Ltd, today, announced that they have bagged a Rs.70 crore contract for the roll out of a State Wide Area Network (SWAN) to connect over 300 districts/talukas under the Government of Orissa. Spanco in tandem with ITI will Build Own and Operate this network,…

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MindTree launches MindTree Foundation

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

MindTree Limited (“MindTree”), a global IT and R&D Services Company, today announced the launch of MindTree Foundation, a not-for-profit organization. The announcement coincides with the 9th anniversary of MindTree. MindTree Foundation will function as a corporation under the ov…

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Mahindra forms JV with Yancheng Tractor Co

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

Mahindra’s Farm Equipment Sector, one of the world’s top tractor brands and the market leader in India, today signed an agreement to form a Joint Venture (JV) in China with Jiangsu Yueda Yancheng Tractor Manufacturing Co. Ltd. (Yancheng Tractor), a leading Chinese tractor manufacturer…

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