Asian Tea & Exports board approves acquisition of Greenol Laboratories
September 30, 2009 by admin
Filed under Company News
Asian Tea & Exports has secured its board’s nod to acquire entire stake in Greenol Laboratories.
MindTree introduces Multi-Channel Commerce Solutions for retailers
September 30, 2009 by admin
Filed under Company News
MindTree, global IT Solutions Company, has launched its new Multi-Channel Commerce Solutions, designed to help retailers adopt a more customer-centric strategy.
Siemens bags Rs 360 crore worth of orders from Power Grid
September 30, 2009 by admin
Filed under Company News
Siemens has bagged two orders aggregating Rs 360 crore from Power Grid Corporation of India (PGCIL) for turnkey 765kV substation each at Gaya in Bihar and Ranchi in Jharkhand.
Garware Offshore’s subsidiary deploys M V Shergar in the Middle East
September 30, 2009 by admin
Filed under Company News
Garware Offshore Services has said that its Singapore based wholly owned subsidiary, Garware Offshore International Services has deployed the Anchor Handling Tug (AHT) cum supply vessel — M V Shergar — in the Middle East.
HCC eyes share in the nuclear power plant construction segment
September 30, 2009 by admin
Filed under Company News
Hindustan Construction Company (HCC), India’s leading engineering construction company, has signed a memorandum of understanding (MoU) with international engineering and project management company AMEC plc (AMEC) to jointly explore opportunities for consulting and EPC services for the establishment of nuclear power plants in India.
Edserv becomes new owner of 2tion.com
September 30, 2009 by admin
Filed under Company News
Chennai-based Edserv Softsystems has acquired 100% stake in an online tuition portal, 2tion.com.
Opto Circuits’ overseas arm inks OEM agreement with American company
September 30, 2009 by admin
Filed under Company News
Opto Circuits India has announced that Criticare System Inc (CSI), the US-based wholly-owned subsidiary of the company, has inked an Original Equipment Manufacturing (OEM) contract with another American company.
ICSA enters the SCADA business in India
September 30, 2009 by admin
Filed under Company News
ICSA India, which provides embedded technology solutions and infra structure deployment services for the power sector, has entered the Supervisory Control and Data Acquisition (SCADA) business in India.
Rel Infra seeks govt help to stop RIL’s marketing margin
September 30, 2009 by admin
Filed under Company News
The Anil Dhirubhai Ambani Group (ADAG) firm Reliance Infrastructure has asked the oil ministry to desist Reliance Industries (RIL) from charging marketing margin on gas and alleged that the Mukesh Ambani-led firm is not sharing the revenue with the government and diverting crores of rupees of the government’s share. RNRL has written to the petroleum secretary RS Pandey seeking to stop RIL from getting undue benefit.
Aksh Optifibre to raise $20 million worth of fresh funds
September 30, 2009 by admin
Filed under Company News
Cable manufacturer, Aksh Optifibre is looking to raise funds of up to $20 million through preferential issue.