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    German Firm TÜV Rheinland opens Softlines Testing Lab at Gurgaon at an investment of 1.9 million Euros

    Mumbai:  TÜV Rheinland, a global top ten technical service provider, continues to expand its worldwide capacities for softlines testing with the opening of a new laboratory in Gurgaon, India. For the 1,500 square meter laboratory an investment of 1.9 million euros was made. Another 1.5 million euros are being invested in two additional softlines laboratories […]

    Corporate News

    Comviva Recognized as the most Innovative Mobile VAS Provider by Aegis Graham Bell Awards 2012

    New Delhi : Comviva, the global leader in providing Mobile Value Added Services (VAS), Mobile Money and Payment solutions today announced that it has won three awards at the coveted Aegis Graham Bell Awards ceremony held in New Delhi on 1st November 2012. Comviva’s mobiquity® mobile payment solution, Hola!,a social networking app and Managed VAS […]

    Corporate News

    LightO Technologies launches in Mumbai with over 100 LED, Decorative Lighting and CFL products

    by NR INDRAN / INT Indian Seamless Group (ISG) today announced the launch of LightO Technologies in Mumbai in the presence of Mr. Rajiv Goel, Chief Financial Officer, Indian Seamless Group, Mr. Naveen Saxena, Chief Executive Officer, LightO Technologies Pvt Ltd and Mr. Ingolf Schwarz, Sales Director, GLOBO Lighting, Austria. LightO Technologies Pvt Ltd launched […]

    Corporate News

    Q2 FY13 Results of Navneet Publications (India) Ltd.

    by NR INDRAN / INT • Revenues grew by 26.5% y-o-y at INR 14,085 Lac. Publication business grew 23.3% and stood at INR 9,906 Lac – an expected growth on account of ongoing syllabus change in Maharashtra and Gujarat State level curriculum. Revenues of Stationery segment grew by 32.1% and stood at INR 3,940 Lac […]

    Corporate News

    Shapoorji Pallonji Group partners with Malaysia based Bumi Armada Berhad

    by NR INDRAN / INT Shapoorji Pallonji Company Limited, a diversified business group with multiple business segments and the Malaysia-based international offshore oil and gas services provider, Bumi Armada Berhad,  have  announced the departure of its FPSO (floating production, storage and offloading) vessel, “Armada Sterling” at  a ceremony at Keppel Shipyard, Singapore. The project is […]

    Corporate News

    Results for the quarter ended September 30, 2012 under IFRS

    Bangalore :  Wipro Limited today announced financial results under International Financial Reporting Standards (IFRS) for its second quarter ended September 30, 2012. Highlights of the Results: Results for the Quarter ended September 30, 2012:  Total Revenues were `106.57 billion ($2.01 billion1), an increase of 17% YoY.  Net Income was `16.11 billion ($304 million1), […]

    Corporate News

    Bacardi Limited Names New Senior Global Rum Category Director

    Hamilton, Bermuda:  Bacardi Limited, the largest privately-held spirits company in the world, announces the internal appointment of Dmitry “Dima” Ivanov, 36, as Senior Global Category Director of Rums. This top category role is responsible for developing the global marketing vision and premium positioning of the Bacardi portfolio of rums including the iconic and namesake BACARDÍ […]

    Corporate News

    Central Bank Of India has revised interest rates

    by NR INDRAN / INT Central Bank Of  India has revised  interest  rates( Tax Free) on FCNR-B DEPOSITS as under:- The Bank now offers interest of  2.88 % for  USD Deposit of  1 Year to  less than  2 Years, 3.87 % for USD Deposit of  5 Years, 4.08 % for GBP Deposit of  5 Years, […]

    Corporate News

    JSW ENERGY Q2 FY-13 Results press release, P&L account

    by NR INDRAN / INT The Board of JSW Energy Ltd., at its meeting held today at Mumbai, approved the Results for the quarter and half year ended September 30, 2012. Key highlights for Q2’ FY 13 (Consolidated): PLF at 87.79% as against 63.58% in the corresponding quarter of the previous year. Net generation of […]

    Corporate News

    Godrej Properties Q2 & H1 FY2013 results

    by NR INDRAN / INT • Consolidated H1FY2013 Total Income stood at INR 465.9 crore • Net Profit in H1FY2013 reported was INR 49.7 crore • Consolidated Q2FY2013 Total Income stood at INR 233.1 crore • Net Profit in Q2FY2013 was INR 32.6 crore Godrej Properties Limited (GPL), a leading national realestate developer, today announced […]

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