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Sapient expands Bangalore Centre

New Delhi - Sapient (NASDAQ: SAPE), a global services firm that helps clients transform in the areas of business, marketing, and technology, today announced the expansion of its existing centre in Bangalore. Located in Salarpuria GR Tech Park, Whitefield, Bangalore, Sapient builds on its capacity by almost doubling the space of its existing facility.

Hospitality Software Vendor eRevMax Recertified for ISO/IEC 27001:2005

New Delhi - eRevMax Technologies, pioneer in hotel online distribution, channel and revenue management tools, has been recertified for its information security management standards. Following a stringent audit overseen by DNV, an internationally accredited certification organisation, eRevMax received ISO/IEC 27001:2005 for the next three years. The initial certification was achieved in 2007.

Cosmicgate Technology launches Pune operations

Pune - With an underlying vision "To expand your reach wherever you go" came about an integrated innovationby CFO, Mr. Mayur Singh & CEO, Mr. Girish Prasad.The vision brought about a revelation called 'Cosmicgate Technology Pvt. Ltd.'.

Hindalco in an expansion mode - capex at Rs.40,000 crore

Mumbai - Mr. Kumar Mangalam Birla, Chairman, Hindalco, addressed shareholders at the Company’s 51st Annual General Meeting today. He said that he was pleased to share that Novelis had witnessed a remarkable turnaround in the midst of extremely challenging circumstances.

Jindal Poly Films announces 1:1 bonus shares and 100% dividend

Mumbai: Jindal Poly Films Ltd, the largest producer of flexible packaging films in India, announced in its Board Meeting held on 3rd September, 2010, its audited results for the financial year 2009-10.

Dainik Jagran launches No.1 Celebration Offer in Jharkhand

New Delhi - Dainik Jagran - the flagship brand of Jagran Prakashan Ltd and India's largest read daily for the past 15 consecutive rounds of the IRS survey - had launched an initiative in Jharkhand in April this year. This initiative was named Jharkhand Jagran or the reawakening of Jharkhand. At the end of this initiative Dainik Jagran + I Next have emerged as the new market leaders of Jharkhand. To celebrate this occasion, a special celebration offer has been extended to local advertisers.

Aditya Birla Minacs featured in 2010 Global Services 100 study

Bangalore - Aditya Birla Minacs, a global business solutions company and a subsidiary of Aditya Birla Nuvo Ltd., today announced that it has been featured in the 2010 Global Services 100 (GS100) study for the second year in a row.

Cisco Hands Over More Than 500 Houses to the Government of Karnataka in Raichur

Bangalore - Cisco (NASDAQ: CSCO) announced that it has handed over more than 500 houses to the Government of Karnataka, as part of the completion of phase one of "Project Samudaya."

Ericsson acquires minority stake in Novatium Solutions

Novatium SolutionsChennai - Novatium Solutions Private Limited, a Company with a vision to provide superior, simple to use 'Computing for the next billion', today announced a strategic minority investment by Ericsson India. With this investment Novatium gains valuable global market reach and deep rooted telecom infrastructure and operator relationships worldwide expertise.

Strontium Technology unveils new logo and brand identity

New Delhi - Strontium Technology has unveiled a new corporate logo and brand identity, a move distributors say could better position the memory company against other memory brands. The new corporate identity was unveiled by the CEO Mr. Anshuman Gupta at Strontium's Asia Pacific Partners' Forum which was held at Bali in Indonesia, 13th - 16th August.

DISA India launches HB-I overhead rail shot blast machine in India

Bangalore - DISA India, a leading foundry machinery manufacturer in India offering advanced process technology, today announced the launch of its first HB-I overhead rail shot blast machine in India. The machine is the first of its kind in India and is a result of DISA's merger last year with Wheelabrator. The machine was unveiled at an exclusive event in the premises of the company's Hosakote manufacturing plant in Bangalore, Karnataka.

IDBI Bank gets Best Public Sector Bank award in 'SME Financing' from Dun & Bradstreet

IDBI BankMumbai: IDBI Bank has received the Best Public Sector Bank award in "SME Financing" from global business information provider Dun & Bradstreet (D&B). The award was presented to IDBI Bank at the 'Dun & Bradstreet - Polaris Software Banking Awards 2010' in Mumbai. The occasion also marked the launch of the fourth edition of D&B India's study on India's Top Banks 2010.

ElectraCard Services (ECS) receives PCI PA DSS certification

Pune: Electra Card Services (ECS), a leading electronic payments solution provider today announced that it has received Payment Application Data Security Standard (PA-DSS) certification from the Payment Card Industry (PCI) Security Standards Council for its leading solution- electraSWITCH™.

Fortune Magazine ranks Sapient as 45th Fastest Growing Company, Ranked 2nd in Profit Growth

NEW DELHI – Sapient (NASDAQ: SAPE), a global integrated marketing and technology services firm, has just been named the 45th Fastest Growing Company by Fortune magazine, a 43-spot improvement over the 2009 list, which ranked Sapient at #88.

Muthoot Finance raises Rs 43 Crores from Kotak PE Fund

Mumbai: Leading NBFC Muthoot Finance Limited (MFIN) today announced that it has raised Rs. 43 crores in the second round of institutional funding from Kotak India Private Equity Fund (KIPEF) for a minority stake in the Company.

Arshiya International launches India’s First FTWZ in Panvel

Arshiya InternationalMumbai: Arshiya International Ltd. (BSE: 506074 and NSE: Arshiya), an Indian supply chain and logistics infrastructure solutions company announces the operational launch of India’s first Free Trade and Warehousing Zone (FTWZ) in Panvel, Mumbai just 24 kms away from the Jawaharlal Nehru Port Trust (JNPT). The first of five strategically located FTWZs being built by the company, this 165-acre state-of-the-art facility will be operational over two phases employing over 25,000 people at full capacity and is expected to cost approximately Rs 1,500 crores.

Moti Thadani Joins SAS to drive R&D organization in Pune

PUNE – Moti Thadani has joined SAS to head up the India research and development organization based out of Pune. He will be responsible for driving R&D operations in India, managing new programs and activities to support existing SAS products and solutions, as well as facilitating the introduction of new ones for SAS customers based in India.

Manulife and Kotak Mahindra agree to collaborate to promote fund management and distribution opportunities in Asia

Hong Kong - Manulife Asset Management (Hong Kong) Limited and Kotak Mahindra (UK) Limited have agreed to collaborate with respect to fund management and distribution opportunities in Asia.

TCI XPS offers 'Anmol Rakhi' Service to send Rakhi to your brother across 13,000 locations in India & 200 overseas

New Delhi: TCI XPS, the one-stop shop for all Express Delivery solutions, in continuance with the successes achieved over the last eleven years is offering the Anmol Rakhi Service again this year. Through this service, distance can no longer be a hindrance for sisters to reach out to their brothers this Raksha Bandhan. This service enables you to send a Rakhi across 13,000 locations in India and 200 locations abroad.

Prakash Steelage IPO Price fixed at Rs 110, IPO subscribed 4.53 times

Mumbai: Prakash Steelage Limited ('PSL'), an ISO 9001: 2008 and PED certified Company engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes as well as a "Govt. Recognized Star Export House", has fixed the Issue Price at Rs. 110 per per Equity Share (upper end of the Price Band fixed between Rs. 100 and Rs. 110 per Equity Share) for its public offer of 62,50,000 Equity Shares of Rs. 10 (the "Equity Share") for cash at a price determined by 100% book building process aggregating to Rs. 68.75 crore.

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