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Wednesday, September 24, 2008
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U.S. stocks higher as bailout hearing opens
Crisil reaffirms rating for SBI Life
CHENNAI: Crisil continues to have the AAA/Stable rating for financial strength rating of SBI Life Insurance, says a release. The rating reflects highest financial strength to meet policyholder obligations and is based on strong parentage, its ...
LVB raises term deposit rates
CHENNAI: Lakshmi Vilas Bank has raised the interest rate by 50 basis points on its domestic retail term deposits of two years to less than three years from 10 per cent to 10.50 per cent annually for regular citizens for deposits of less than ...
Satyam opens facility in Pune
HYDERABAD: Satyam Computer Services announced here on Tuesday that it opened a development centre in the Special Economic Zone at the Rajiv Gandhi InfoTech Park, Hinjawadi in Pune. The 4.75 lakh sq. ft. would accommodate 4,750 associates. SBI ...
Maytas bags two electrification projects
HYDERABAD: Maytas Infra has bagged two orders totalling to Rs. 480.67 crore for the electrification of Beed and Nanded districts of Latur zone, and Ahmednagar district of Nashik zone from Maharashtra State Electricity Distribution Co. — ...
Linc Pen plans to maintain growth
KOLKATA: Linc Pen and Plastics, one of the top five players in the organised writing instrument industry, is planning to maintain a 20 per cent growth rate, twice as high as the industry standard. It has about 10 per cent share in the ...
Custom designer solution from Synopsys
BANGALORE: The U.S.-based Synopsys has launched its Galaxy custom designer solution. The company with two development centres and one sales and support office in India, provides technology for semiconductor design and manufacture. Applications ...
Hero Mindmine to open more training centres
CHENNAI: Hero Mindmine Institute, a provider of call centre training and spoken English courses and part of the Hero group, plans to open more training centres in Tier-II and Tier-III cities in the coming months, according to Ashok George, ...
BigAdda.com appoints National Head, sales
CHENNAI: BigAdda.com, a youth network, has appointed Mandar Natekar as National head–Sales. Earlier, Mr. Mandar was the Regional Head, West and North for HBO at Turner International, says a release. ...
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