iGate accepted the discovered price of Rs 520 determined through a reverse book building process for the purpose of de-listing. iGate CEO Phaneesh Murthy commented “We believe that the price of Rs.520/- provides a reasonable...
Suzlon [stockquote]SUZLON[/stockquote] gets preferred supplier status from Cennergi for its 138-mw project in South Africa. Cennergi is a joint venture between Exxaro Resources and Tata Power Company, is developing the project in Eastern Cape Province...
For redeveloping a MHADA property at byculla, Godrej Properties Ltd [stockquote]GODREJPROP[/stockquote], through its wholly owned subsidiary Godrej Projects Development Pvt Ltd, has entered into a development management agreement with R.R. Builders. As per agreement entire...
HDFC ERGO General Insurance (A Joint Venture between HDFC of India and ERGO International AG, the primary insurance entity of , has launched Health Claim Services for its customers. It will be a single window for...
Kolkata-based real estate major Infinity Group is looking at investing Rs 1,000 cr in Assam within next 3-4 years. Company will expand in the office and residential complex markets. According company 2nd tier city such...
Bullion traders have decided to suspend their agitation till May 11 after FM has assured them of considering their demand on the Finance Bill. Jewellers all over the country have been on strike since March...
Hindustan Construction Company (HCC) [stockquote]HCC [/stockquote] has secured a Rs 162-crore order awarded by , to develop a railway tunnel at Imphal, Manipur. HCC as lead partner with 60 per cent share in joint venture will...
State Bank of India (SBI) will cut lending rates on loans given to small and medium enterprises (SME) this month. According to SBI Chairman Pratip Chaudhuri “We are on the verge of reducing rates for...
Ground handling staff at Kingfisher Airlines (KFA) gets one month salary as per promise made by management. In a letter written by Vijay Mallya to staff it was promised that junior staff would be paid...
The government is under actively considering to increase retail price of urea by 10 per cent to reduce its subsidy burden in the current fiscal. The Fertiliser Ministry is looking at increasing retail price of...
Adani Realty Business, real estate arm of the Adani Group [stockquote]AdaniEnt[/stockquote] has acquired a plot at Andheri West for the purpose will invest Rs 1,200 crore to develop over 8.8 lakh sq.ft. of commercial and...
Zee Entertainment Enterprises Ltd’s [stockquote]ZEEL [/stockquote] board of directors has approved a fresh buy-back of equity shares not exceeding 10 per cent of its paid-up capital and free reserves as on March 31, 2011, through...
