Business

Around 44% of housing units under INR 3.5mn unsold in Major Indian Cities

eyestate, a comprehensive database solution of the real estate landscape of major Indian metropolitan regions has said that 28% of the properties under construction within the 7 urban centres cater to households looking for homes within the INR. 3.5 mn. category. This product caters to the needs of approximately 80% of urban households. It is [...]



Balmer Lawrie gets two new Board members

Balmer Lawrie & Co. Ltd., a Mini Ratna Category-I PSE under the Ministry of Petroleum & Natural Gas, has announced important leadership changes at the Board level. Viren Sinha has taken over as Chairman & Managing Director (C&MD) of the Company with effect from January 1, 2012. He succeeds S K Mukherjee. Prior to his [...]



DISA plans plant expansions and new shot blast machines for foundry

DISA, a foundry machinery manufacturer offering advanced process technology, organised a unique symposium on “The Complete Foundry” which was held on 11th Jan 2012 at the Residency Club, Kolhapur. This symposium was organised in association with the Institute of Indian Foundrymen – Kolhapur Chapter. “This was an exclusive opportunity for DISA India Ltd to educate [...]



NCR appoints Sameer Sandhir to lead Services Sales for Emerging Markets

NCR Corporation (NYSE: NCR) today announced the appointment of Sameer Sandhir as the head of NCR Services Sales for its Emerging Markets group, which comprises of India, China and Middle East and Africa (ICMEA). Sameer will be based in Mumbai, India and will be responsible for developing and executing the sales strategy to help expand [...]



DISA India and Wheelabrator to jointly participate at IFEX 2012

DISA, a foundry machinery manufacturer, present in India for over 25 yrs, offering advanced process technology and Wheelabrator, a surface preparation technology manufacturer together are slated to be participating in the much awaited and upcoming IFEX 2012. The exhibition is scheduled to be held in Bangalore, Karnataka. IFEX 2012 is the 8th International Exhibition on [...]



Hyderabad Turns Global Hub for VLSI and Embedded Systems Design & Development

The International VLSI and Embedded Systems community converged together for the Silver Jubilee Conference in HICC, Hyderabad to reveal the latest trends and market figures, share best practices and address industry challenges. The city is known globally for developing World’s First Fusion chip for Net book & Tablets, Audio Platform for Apple including single chip [...]



Current automotive components aftermarket estimated at Rs 24,800 crores

ACMA, the apex body representing India’s Auto Component manufacturing industry today announced the finding of its study on ‘Emerging Trends in Distribution, Servicing and Future Regulations’ in the Indian Auto Component Aftermarket. ACMA Chairman for Committee on Consumer Affairs & AfterMarket, Soumitra Bhattacharya said “The aggregate aftermarket around the globe is expected to cross USD [...]



ABB bags Rs. 4000 crores worth orders for UHVDC transmission system

ABB has booked an order worth more than Rs. 4000 crores from Power Grid Corporation of India Ltd., to deliver an ultrahigh-voltage direct current (UHVDC) transmission system. The link will supply hydropower from mountainous northeast India to the populous region of Agra in central India, 1,700 kilometers away. ABB in India will book over Rs.500 [...]



Ujjivan Financial and Sanghamithra Rural Financial bag Microfinance India Awards 2011

Microfinance India Awards- 2011 were presented by ACCESS Development Services in association with HSBC at the 8th Annual Microfinance India Summit 2011. The distinguished Jury panel was chaired by Ms. Naina Lal Kidwai, Country Head India, Director HSBC, Asia Pacific and co-chaired by Mr. Brij Mohan, Chairman, ACCESS Development Services. The illustrious panel consisted of [...]



Prodapt keen on acquisitions in Europe and North America

Prodapt, a leading provider of IT services with a singular focus on the communications industry is pursuing opportunities for inorganic growth and looking for targeted acquisition of telecom software companies in Europe and North America. Prodapt’s solid financial growth has been a result of the company increasing its client base in the US and Europe. [...]