RCF, NIIT, Omnitech Info likely to see some action today

RCF has signed an agreement with Future Products, to set up a joint venture company (JVC) to market the products from its plant that manufactures wall panels, putty and other related products by using gypsum.

NIIT signed an agreement with New Delhi Municipal Corporation for ICT Education in 29 Municipal Schools.

Omnitech InfoSolutions has signed contracts worth Rs 25 crore.

JMD Telefilms Industries has acquired two Music Rights – Arti Music and Tarun Music. The said acquisition is along with its brand names.

Tata Communications has signed agreement with Dimension Data to support Cisco Systems’ TelePresence suite of products on a worldwide basis. Dimension Data, a $4.5 billion specialist IT services and solutions provider, is among the select few Cisco partners with TelePresence global authorised technology provider (ATP) status. It has the ability to sell, design, install, and support Cisco TelePresence in 47 countries.

Great Eastern Shipping Co (GE Shipping) has signed a contract to sell a Handymax dry bulk carrier – Jag Reena. It is a 2000 built, 45,659 dwt vessel.

Oriental Trimex has sketched plans to launch 50 showrooms cum marble retailing outlets via the franchisee model under the registered brand name Rare Earth. The company aims to market and sell marble products via these showrooms.

Mahindra Yueda Yancheng Tractor Company (MYYTCL), a joint venture (JV) between the Mahindra’s Farm Equipment Sector and China’s Jiangsu Yueda Yancheng Tractor Manufacturing Co, has launched its maiden 125-hp tractor from its Chinese factory.

The Mukesh Ambani-led Reliance Industries (RIL) has announced that the shareholders and the creditors of the company have approved the Scheme of Amalgamation of Reliance Petroleum (RPL) with RIL.

State Bank of Travancore has achieved a new milestone in the business volumes. The bank’s total business has crossed the Rs 75,000 crore mark in 2008-09.