Tata Power Completes the Signing of Financial Agreements for 4000 MW Ultra Mega Power Project at Mundra, Gujarat
Tata Power Company Ltd has informed that, on April 24, 2008, the Company completed the signing of financial agreements for the 4000 MW Ultra Mega Power Project coming up at Mundra, Gujarat under the Special Purpose Vehicle Coastal [...]

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Sulzer India Board recommends dividend
Sulzer India Ltd has announced a dividend @ 100% i.e. Rs 10/- per equity share (previous year 70%) for approval of the members of the Company.

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Tata Chemicals entered into definite agreements to acquire General Chemical Industrial Products Inc (GCIP)
Tata Chemicals Ltd has announced that the Company has entered into definitive agreements to acquire General Chemical Industrial Products Inc. (GCIP), a US based chemical Company for US$ 1,005 million. Harbinger Capital Partners is the majority owner of GCIP. The transaction is [...]

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Tata nano
Tata Jeh name changed to Tata nano
Tata nano production starts in aug 2008. In first year 10 Lakh nano cars will be produced.
Tata nano is a four-stroke, two-cylinder rear engine and is scheduled for roll out from the Singur plant in West Bengal in 2008. Both petrol and diesel variants are on the cards [...]

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Omaxe Ltd has announced that the Company has acquired Land admeasuring 11 acres at Faridabad, Haryana at a Total Consideration of Rs 45 Crores (including share purchase consideration) through the process of acquisition of M/s. S N Realtors Pvt Ltd (Land owning Company) clear of all its existing liabilities.

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Icici Bank fined Rs 50 lakh by delhi consumer commission for employing bad recovery agents to recover loan.
The comission also ordered Icici bank to pay Rs 5 lakh to a consumer who was badly beaten by the recovery agents

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Aztecsoft Ltd announced today the Launch of its new SEZ facility at Whitefield, Bangalore. The foundation stone for the new facility was laid by V. Chandrasekaran, Managing Director, and V R Govindrajan, Director of the Company. Members of the senior management team were also present on this momentous occasion.

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Diamond Cables announced today that Clearwater Capital Partners to Invest Rs 160 Crores and GE Capital to Invest Rs 68 Crores in the Company.
The Company is expanding manufacturing base and adding a HT Power Cables and LT Cables facility at Vadodara at an estimated cost of Rs 68 Crores, the said facility shall be in [...]

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Siemens Ltd has announced that the Company has bagged Rs 870 million (Rs 87 crore) order from McNally Bharat Engineers Pvt Ltd for supplying electricals for Rashtriya Ispat Nigam Ltd’s new Sinter Plant at Vizag. This Sinter Plant is currently the second largest of its kind in India and will be commissioned by August 2009.

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Jatia Finance – Open Offer
Fedex Securities Ltd (“Manager to the Offer”) on behalf of Shri. Anil Raika, Smt. Ambika Raika, Shri. Mahesh Saraf & Smt. Sarita Saraf (“Acquirers”) has issued this Public Announcement to the equity shareholders of Jatia Finance Ltd (“Target Company”) pursuant to and in compliance with Regulations 10 & 12 of the [...]

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