Transgene Biotek signs agreement with Mentor Pharmaceuticals
Transgene Biotek Ltd has announced that the Company has entered into a definitive agreement with MENTOR Pharmaceutical Consulting Pty Ltd, New South Wales, Australia, a Company promoted by Dr. Gregory Russell-Jones. Dr. Russell-Jones is one of the best renowned and most experienced scientists in the world in the area [...]

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Dhanus Technologies launching V-tel Mobile Service
Dhanus Technologies Ltd has announced that the Company is launching a new service branded “V-tel Mobile Service”. V-tel mobile service is aimed at Indians traveling abroad and can be used in 229 countries in the world. V-tel mobile offers free incoming calls in over 50 countries and charges discounted rates [...]

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Subex unveils groundbreaking new OSS and BSS solutions at Management World Nice
Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, is unveiling a new version of its industry-leading Revenue Operations Center (ROC) and is launching new products in its Revenue Maximization and Fulfillment and Assurance business lines. [...]

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US foreclosure filings surge 65 percent in April
In April 2008 more U.S. homeowners fell behind on mortgage payments, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values.
One in every 519 U.S. households received a foreclosure filing in April. Foreclosure [...]

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India’s Power Finance signs MoU with Ex-Im Bank of U.S.
Power Finance Corp Ltd. (PFC) announced that it has signed a MoU with Ex-Im Bank of the United States so that PFC’s borrowers can use Ex-Im bank’s facility for project-related imports from the U.S. during the next two years.
PFC, which is biggest Indian power finance company [...]

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Reliance Power acquires Coal Mines in Indonesia
Reliance Power Ltd has announced that Reliance Coal Resources Pvt Ltd, a wholly owned subsidiary of Reliance Power Ltd has entered into a definitive agreement to acquire 100 per cent

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Reliance Communications - Reliance Globalcom unit Reliance Infocom BV, Netherlands acquires Global WiMAX Operator eWave World”
Reliance Communications Ltd has announced that Reliance Infocom BV, a division of Reliance Globalcom and wholly owned subsidiary of India’s largest integrated telecom operator Reliance Communications, on April 24, 2008 announced acquisition of a controlling stake in eWave World, a [...]

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Tata Motors to purchase Ford’s Jaguar Land Rover
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 [...]

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Satyam & Pegasystems Expand Partnership; Establish First-of-its-Kind Pega BPM Center of Excellence in Malaysia
Satyam Computer Services Ltd on March 27, 2008 has announced the establishment of a Pega Business Process Management Center of Excellence (CoE) at its 2000-seat Global Solutions Center (GSC) at Cyberjaya, Malaysia. Satyam teamed with US-based business software maker, Pegasystems Inc., (NASDAQ: [...]

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Tata Consultancy Services Inaugurates North America Delivery Center in Cincinnati, Ohio
Tata Consultancy Services Ltd announced the opening of its North America Delivery Center called TCS Seven Hills Park. Located in Milford, Ohio, a suburb of Cincinnati, the facility sits on 220 wooded acres and is the largest TCS facility in North America.
TCS yesterday hosted a [...]

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