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After almost seven years of complete isolation from cricket sponsorship, Coca Cola is back with a bang. It has signed up as the on-air associate sponsor of the Indian Premiere League. We have seen that the test and one-day formats have seen a downfall in partnership over the past. However, the 20:20 format has grown [...]

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Forged and machined components manufacturer Bharat Forge inked a memorandum of understanding with the Maharashtra Government on March 27 for opening a centre for advanced manufacturing facility at Baramati. The centre, spread over 100 acres, will be opened at an investment of Rs 350 crore. With a forging capacity of 30,000 tpa, the plant will [...]

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Chowgule Steamships Ltd has informed that on March 28, 2008 Chowgule Ports & Infrastructure Pvt Ltd (CPIPL), a Company co-promoted by Chowgule Steamships Ltd, has signed a Concession Agreement with Maharashtra Maritime Board (MMB) inter alia for development of a minor port at Jaigad.
CPIPL is a Special Purpose Vehicle (SPV) floated to undertake the port [...]

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Satyam Computer Services Ltd on March 26, 2008 has announced that in an extension of its existing alliance with SAP, Satyam has become SAPs first accredited Services Partner in the Middle East and North Africa (MENA) region. The partnership focuses on SAPs and Satyams long term business expansion strategy in this region.
The opportunities in the [...]

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Tata Motors Ltd on March 26, 2008 announced that it has entered into a definitive agreement with the Ford Motor Company for the purchase of Jaguar Land Rover, comprising brands, plants and Intellectual Property Rights.
The transfer of ownership to Tata Motors is expected to close by the end of the next quarter, subject to applicable [...]

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Valecha Engineering Ltd (VEL) has informed that the Company has recently bagged new projects worth Rs 250.00 crores approximately which includes Road Works at Pune, Delhi Airport Express Line work & Piling Projects.
Companys Middle - East operations are also progressing well and it will be going for an expansion in the current year of operation.
VEL [...]

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XL Telecom & Energy Ltd has informed that the Company has received ORDERS VALUED OVER Rs 1,539 Millions for supply of Export of Solar Panels.
SOLAR ENERGY
XL Telecom has been focusing in the NON CONVENTIONAL ENERGY sector since 1994 and has recently refocused on Export Market of Solar Panels of higher Capacity for niche Grid Connected [...]

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Welspun-Gujarat Stahl Rohren Ltd has announced that the Company has bagged prestigious pipeline orders worth Rs 1075 Crores for the supply of Spiral Pipes in Northern Africa. The new order has taken Welspuns order book position to above Rs 5900 Crores. This contract won against European competition reaffirms Welspuns positioning into high-end large diameter business.
Commenting [...]

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Reducing software piracy in Asia by just 10 percentage points over the next four years could generate 435,000 new jobs, over $40 billion in economic growth, and over $5 billion in tax revenues above current projections, according to a new study conducted by IDC and released today by the Business Software Alliance (BSA). Marcel Warmerdam, [...]

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The Chennai-based Lifeline Group of Hospitals has signed a memorandum of understanding with Zambia’’s health ministry on Wednesday to establish its first overseas hospital.The MoU was signed with the Ministry of Health and the Ministry of Works and Supplies, Republic of Zambia. Lifeline Zambia will have an investment of $10 million.
The Zambia government will provide [...]

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South Africa is all set to lure the BPO and IT industry from India to its backyard, as majority of the natives feel that Europeans and Americans are more comfortable with the South African English accent. A high-powered business delegation from South Africa on a visit to India to promote trade ties between the two [...]

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Thursday, GSM operators approached the (DoT) Department of Telecoms raising clean concerns on the Tata telecom & Virgin tie-up. They have said that Virgin Mobile company was providing complete range mobile services, as well as sale of handsets, value-added services, tariff plans, and after sales, which only authorize holders are qualified to offer.
As the Tatas [...]

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Experienced Oil prices the sharpest thrust in 17 years Wednesday, driven down by failing demand and a powerful dollar. American light crude for April delivery cut down $4.94 a barrel to resolve at $104.48 on the NY Mercantile Exchange.
The fall was the major single-day slide in dollar conditions since Jan 1991, when oil fell $10.56 [...]

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With the good thing of Bush administration, the controller of Fannie Mae and Freddie Mac, the country 2 largest finance mortgage companies, eased an important restriction on the companies on Wednesday in a try to unfreeze credit markets and steady housing prices.
By decreasing the extra cushion of funds the 2 companies have been essential to [...]

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