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Thursday, July 03, 2008
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SemanticSpace acquires Prolifics for $40 m
HYDERABAD: SemanticSpace Technologies, an IT company, has announced the acquisition of Prolifics, a New York-based system integrator, for $40 million in an all-cash deal. CEO of SemanticSpace Technologies Satya Bolli said at a press conference ...
Century Plyboards sales, profit up
CHENNAI: Gross sales of Century Plyboards (I) Ltd. (CPIL), the leading plywood and veneer manufacturing company, has crossed the 1000-crore mark (on a consolidated basis) and has risen by 40 per cent to Rs. 1,001.45 crore in the 12 months ...
Two banks raise NRE, PLR rates
MANGALORE: Corporation Bank has raised the rate of interest offered on NRE term deposits from July 1. The rate on deposits has been revised to 3.31 per cent per annum (3.16 per cent) for one year to less than two years, 3.60 per cent (3.46 per ...
Anu’s Labs profit up by 41 %
HYDERABAD: Anu’s Laboratories, a recently-listed pharmaceutical company, posted net sales of Rs. 154.39 crore in the year ended March 31, 2008, as compared to Rs. 109.17 crore in the previous year, a growth of 41 per cent. The net profit ...
Piramal Healthcare buys German unit
MUMBAI: Piramal Healthcare, part of the Piramal Group, on Wednesday announced the completion of a definitive agreement with the Germany-based PlasmaSelect to acquire its polygeline-based blood plasma products marketed under the brand name ...
UST Global opens facility in Bangalore
CHENNAI: UST Global, a leading provider of IT services and solutions has announced the opening of its sales headquarters in Bangalore. This centre will meet the IT services needs of the growing UST Global clientele, many of which are based in ...
NTPC signs MoU with PFC
NEW DELHI: Power Finance Corporation (PFC) and National Thermal Power Corporation (NTPC) on Tuesday signed a memorandum of agreement (MoA) for financing a loan of Rs. 10,000 crore for NTPC’s ongoing capacity addition programme and power ...
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