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Saturday, September 13, 2008
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IT stocks plunge amid heavy selling
Ramco Systems changes rights issue terms
CHENNAI: Ramco Systems has informed the bourses that it had effected a change in its proposed rights issue ratio and the premium. The shares will be issued at a premium of Rs. 75 per share of Rs. 10 each instead of a premium of Rs. 65 per ...
IOB signs MoU with REPCO Foundation
CHENNAI: Indian Overseas Bank has entered into a memorandum of understanding with REPCO Foundation for Micro Credit (RFMC) for accelerating micro credit development in Tiruvallur and Tiruvarur districts of Tamil Nadu. The tie-up is expected to ...
ING Vysya Bank raises term deposit rates
BANGALORE: ING Vysya Bank has raised interest rates on domestic term deposits with the highest rate at 10.25 per cent for 365 days and 10.75 per cent for senior citizens for the same term. On deposits of 61-90 days, the interest payable is ...
Satyam extends alliance with MSC Software
HYDERABAD: Satyam Computer Services has extended its strategic alliance with MSC Software Corporation, a provider of enterprise simulation solutions, including simulation software and services. The extended agreement calls for Satyam to ...
Infoview launches e-learning solutions
CHENNAI: Infoview Technologies , has launched a new Internet-based e-learning software for learning Japanese language. Developed by E-Learning System experts in Japan , it incorporates auditory images and conversations combined with sight and ...
TIL to market Hyster range of products
KOLKATA: TIL, a leader in mobile cranes in India, has recently forged a partnership with Hyster of the U.S. From September, TIL’s offering would include Hyster’s range of high-capacity forklift trucks, empty and laden container ...
New office bearers for AIOCD
CHENNAI: The all-India Organisation of Chemists and Druggists (AIOCD) has elected the following members: Jagannath S. Shinde: President; P. K. Singh: Secretary; Vinay Shroff: Treasurer; Gautamchand Dhing: Organising Secretary; and Bipin Mehta: ...
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