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PreMedia Global raises $4 mn in private equity

Posted on: August 7th, 2008 and is filed under Press Releases.

PreMedia Global Inc, a high-end content services KPO firm, today announced that it has completed the integration of GGS Book Services, a company it acquired earlier this year, and is now poised for further organic and inorganic growth. Consequently, the company has raised growth capital …

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Nu Tek India IPO price fixed at Rs 192/sh

Posted on: August 6th, 2008 and is filed under Press Releases.

Nu Tek India Limited, a telecom infrastructure services provider offering infrastructure rollout solutions for both mobile and fixed telecommunication networks, has fixed the Issue price at Rs. 192 per equity share (the upper end of the band) for its initial public offering (“IPO”) of…

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Patni wins industry’s 1st Smart Workplace Award

Posted on: August 6th, 2008 and is filed under Press Releases.

Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT services provider, today announced that it has won the Economic Times’ first ‘Smart Workplace Award 2008’, organized in association with Intel and Acer. With over 550 companies across India compet…

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HCL America plans to open US delivery center

Posted on: August 6th, 2008 and is filed under Press Releases.

HCL America, Inc., a wholly owned subsidiary of HCL Technologies Ltd. (“HCL”), India’s leading global IT services company, today announced it will open a U.S. delivery center in Wake County, North Carolina. The company will invest $3.2 million and hire more than 500 employees over …

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Ansal-Mittals launch Sushant City-II at Bhatinda

Posted on: August 6th, 2008 and is filed under Press Releases.

After the huge success of Sushant City-I in Bathinda, Ansal API, the pioneers in building lifestyle, has now added another feather in its cap with the launch of “Sushant City II” to meet the unsatiated demand for housing in this Punjab city. The company has again joined hands with Mi…

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Pyramid Saimira strengthens presence in Malaysia

Posted on: August 5th, 2008 and is filed under Press Releases.

Pyramid Saimira Group, the world’s fastest growing entertainment conglomerate, inaugurated the Pyramid Saimira Summit Cineplex in Bukit Merthajam, Malaysia on Thursday, July 31. The 3-screen Cineplex is equipped with state-of-the-art infrastructure and a combined seating capacity of…

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Aurobindo Pharma gets approval for Alendronate Sodium Tabs

Posted on: August 5th, 2008 and is filed under Press Releases.

Aurobindo Pharma Limited is pleased to announce that the company has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Alendronate Sodium Tablets USP 10mg, 35mg and 70mg. This is a Paragraph IV certification. Alendronate Sodium Tablets …

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Parsvnath Planet Plaza gets “4 Star” approval

Posted on: August 5th, 2008 and is filed under Press Releases.

Parsvnath Hotels Ltd. a subsidiary of Parsvnath Developers Limited (PDL), India’s leading real estate and infrastructure company has received 4 star category approval from The Ministry of Tourism for hotel project at Parsvnath Planet Plaza , Vibhuti Khand, Gomti Nagar, Lucknow. The cons…

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Net4’s PAT surges 44.4% in Q1FY09

Posted on: August 5th, 2008 and is filed under Press Releases.

Net4 India Ltd, a leading IP Communications Services and Solutions Company, today reported a consolidated quarterly profit after tax (PAT) of Rs. 2.61 Cr for the first quarter of the financial year 2009, up 44.4 % from the sequential quarter and 3.9% from the year- ago quarter. Also,…

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