Bangalore: TeamLease Services has completed an equity fund raise of Rs 100 crore to fund the vocational education expansion of the company. This capital was raised from ICICI Venture, one of India's leading alternative asset management companies, and existing investor Gaja Capital Partners.
Company News
MRF Ranked Highest in Customer Satisfaction with Original Equipment Tires in India
Bangalore: Customer satisfaction with original equipment tires has increased considerably from 2010, with improvement occurring in all aspects of tire performance and features, according to the J.D. Power Asia Pacific 2011 India Original Equipment Tire Customer Satisfaction Index (TCSI) StudySM released.
Greenply Industries is all set to enter the Ranchi market
Mumbai: Greenply Industries Ltd, the trend guru which is on full operations at Rudrapur, Uttarakhand is all set to revolutionize the laminate industry in India.
Hindustan Tin Works adds CHINA to its export destination
Mumbai: China may be exporting millions of cans to entire world, but there is one Indian company, Hindustan Tin Works Ltd,(HTW) that exports metal can components to China.
Usher Agro becomes largest processor of Par Boiled Rice in the country
Mumbai: Usher Agro Ltd. (BSE code: 532765) (NSE: USHERAGRO) has reported a capacity increase in its rice milling facilities at Chhata, Mathura.
Reliance Infrastructure to commence Buy-back of Equity Shares from April 5, 2011
Mumbai: Reliance Infrastructure Limited (RInfra) will commence the buy-back of its Equity Shares from April 5, 2011. RInfra had announced the buy-back of its outstanding equity shares for an aggregate amount of up to Rs.1,000 crore.
TCI commences a rail cargo service from South India to North East India
New Delhi: Transport Corporation of India Limited (TCI) has started a rail cargo express service from Bangalore to Guwahati. Under the service, TCI Freight, the surface transport division of TCI will run a weekly cargo train leaving every Sunday from Bangalore.
Sharekhan opens 19th branch in Mumbai
India's leading retail stock brokerage house with a strong online trading platform - Sharekhan Ltd opened its new branch at 302, Niranjan, 99 Marine Drive, Near Marine Lines Station, Mumbai – 400002. Mr Devang Kamdar, Sr. Vice President at Sharekhan inaugurated the branch on Monday, March 21, 2011.
Shipping Corporation of India collaborates with Mumbai Corporation
The Shipping Corporation of India Ltd has announced its collaboration with the Municipal Corporation of Greater Mumbai (MCGM) for setting up Central Cardio Respiratory Monitoring System in Medical Intensive Care Unit (MICU) of T.N. Medical College and B.Y.L Nair Ch. Hospital.
CARE Ratings completes 100 IPO grading's
Mumbai: CARE Ratings has become the first rating agency in the country to complete 100 IPO grading assignments. The gradings assigned cover diverse sectors such as power, media and entertainment, telecom, hotels, real-estate, textiles, banking etc.
Reliance Infrastructure committed to 'Change for Mumbai'
Mumbai: Reliance Infrastructure Limited (RInfra) has come up with an unique way to relieve consumers from the rising power bills, it has launched a comprehensive programme to distribute energy efficient electrical appliances and gadgets to consumers at discounted rates under its campaign, viz. 'Change for Mumbai'.
ICRA revises Orbit Exports' Long Term rating to LBBB-
Mumbai: ICRA has revised the long term rating assigned to the Rs. 16.10 crore term loans (PY Rs. 18.5 crore) and Rs. 15.0 crore cash credit facility of Orbit Exports Limited (OEL or the company) to LBBB- (pronounced L triple B minus) with stable outlook from LBB+ (L double B plus) with stable outlook assigned earlier.
VA Tech Wabag's CFO nominated in CFO India's first annual CFO100 list
Mumbai: Mr. S Varadarajan, CFO of VA Tech Wabag, a leading Indian MNC engaged in Total Water Management has been nominated in CFO India's First Annual CFO 100 List. He would be receiving CFO 100 roll of honour on March 15th, 2011 at Mumbai.
Rana Kapoor receives the 'Entrepreneurial Banker of the Decade' award from BMA
Mumbai: Mr. Rana Kapoor, Founder, Managing Director & CEO, YES BANK received the 'Entrepreneurial Banker of the Decade' award from the Bombay Management Association.
YES BANK appointed as 'Country Manager' for development of Co-Operative Tourism in India
Mumbai: YES BANK has been appointed as the 'Country Manager' for India by Queen Margaret University, Scotland - UK, for the development of a co-operative tourism project in rural India.
Thinksoft awarded "Certificate of Excellence" from Inc.India magazine
Mumbai: Thinksoft Global Services Ltd., was awarded a "Certificate of Excellence" during the Second Annual Inc. India 500 Award ceremony held at New Delhi recently.
Blue Star launches new range of VRF Airconditioning Systems with Inverter technology
Blue Star Limited has launched a new range of eco-friendly and energy efficient Variable Refrigerant Flow (VRF) Airconditioning Systems using the Inverter technology.
Opto Circuits arm Eurocor launches MAGICAL® in India
Eurocor GmbH, the wholly-owned subsidiary of Opto Circuits (India) Ltd., launched a combination medical device called MAGICAL® - a bare metal Cobalt Chromium stent pre-mounted on a drug eluting balloon - in India.
Nakoda commences 5.25 MW Wind Power at Ratlam, MP
Mumbai: Nakoda Limited (BSE code: 521030) has commenced its Wind Power project in Ratlam, MP.
Kapil Kapoor appointed Chairman of Timex Group India
New Delhi: The Board of Directors of Timex Group India Ltd. announced the appointment of Mr. Kapil Kapoor as Chairman of Board at their Board Meeting held today in New Delhi (Mr. Kapoor is also the COO –Global Business Development of Timex Group, USA)
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