Shanghai Rural Commercial Bank in China selected Tata Consulting Services' (TCS) core banking solution Bancs to achieve competitive advantage by introducing new products and manage transformation.
Film content developer and aggregator, Eros International Media, is eyeing 35% growth in its bottomline for FY12 as it will focus more on profitability than its top line.
Improper evaluations by ONGC Videsh, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC) while investing in assets abroad has resulted in a losses of nearly Rs 2,300 crore, the government auditor CAG said.
Kotak Mahindra Bank launched Interbank Mobile Payment Service (IMPS) for its customers. With this facility, customers will enjoy 24x7 instant funds transfer, thereby enabling the beneficiary to avail of the credit immediately.
Infosys Technologies is planting the seeds for a long-term IT services play in the African continent.
In its maiden foray into the fertiliser sector, state-owned Engineers India will take up equity in the Rs 4,000 crore revival of the Ramagundam urea plant in Andhra Pradesh.
The Environment Ministry's expert appraisal committee has given conditional permission to Lavasa Corporation to complete pending construction work on 257 residential buildings in the 3,000-crore planned hill station township. The incomplete buildings are located in a 614 hectare area of the proposed hill town.
Steel pipe maker PSL will commission its second pipe mill of 75,000 tonne a year capacity at Sharjah in May as the company is anticipating strong demand from West Asia in the coming months.
Aegis Logistics has issued 6.3 per cent stake to private equity fund Infrastructure India Holdings Fund LLC on a preferential basis.
The Central Bank of India plans to raise Rs 2,500 crore through a rights offering at a discount to the market price as its dominant shareholder, the government, sets about infusing capital in state-run banks.
Bharti Airtel, India's top telecoms carrier, has no immediate plans for an initial public offering of its telecoms tower unit.
Bhilai Steel Plant (BSP), the flagship entity of the Steel Authority of India (SAIL), has bagged a fresh order of exporting rails to Sri Lanka.
Tanishq, the jewellery retail business of the Tata group, is planning to invest around Rs 150-200 crore in setting up around 15 showrooms in various parts of the country in the next fiscal year.
PowerGrid Corporation of India (PGCIL), the country’s largest power transmission utility, will submit a revised offer for consultancy project in Nigeria and expects to finalise a deal in the next two to three months.
Less than a year after 'Munni Badnaam Hui' song helped pushed Zandu Balm sales, Emami wants something similar for its Himani Navratna extra thanda hair oil, and it's funding the entire cost of a Bhojpuri film song that will mention the brand.
Tulip Telecom promoter firm Cedar Infonet has increased stake in the company to 33.16%.
GAIL (India) has set a target of transmitting 118.2 mmscmd of natural gas from domestic sources and through LNG route during FY 2011-12 under the annual memorandum of understanding signed with Ministry of Petroleum & Natural Gas for performance targets for the financial year 2011-12.
Usha Martin has raised $125 million via external commercial borrowing [ECB] from State Bank of India as sole mandated lead arranger and book runner with DBS Bank, State Bank of India [Canada] and The Bank of Tokyo - Mitsubishi UFJ as other participating lenders.
BHEL has won a contract from PowerGrid Corp along with Swedish firm ABB for supplying equipment for the construction of a transmission link
Mahindra & Mahindra, country's largest utility vehicles maker, will invest more than Rs 300 crore in a new tractor plant in Andhra Pradesh.
Greycells Education flagship brand EMDI Institute of Media and Communication (EMDI) receives the 'Chanakya Awards - 2011' for 'Business Communication School of the year' from Public Relations Council of India (PRCI).
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