Archive for September, 2008
Hyundai launches the dual fuel – Santro eco
LPG variant to offer improved fuel economy and reduced emissions
New Delhi, September 30, 2008: Hyundai Motor India Ltd., the country’s largest passenger car exporter and the second largest car manufacturer, as part of its initiative to promote eco-friendly and non polluting means of transport, today launched the much-awaited LPG version of its flagship brand Santro. [...]
ICICI Banks financial position sound; rumours baseless and malicious: K. V. Kamath, MD, CEO
ICICI Bank Limited (NYSE: IBN) is aware that rumours are being repeatedly circulated in certain centres regarding the financial strength of the Bank. The Bank states that these rumours are baseless and malicious. As these rumours could create concern among the Bank’s customers, the Bank reiterates that:
· ICICI Bank has a very strong capital position, [...]
Citibank to Acquire Wachovia’s Banking Operations
New York – Citibank today announced it has reached an agreement-in-principle to acquire all of the banking subsidiaries of Wachovia Corporation (NYSE: WB), creating the largest U.S. bank by total deposits.
Wachovia will remain a public company and retain its asset management, retail brokerage, and certain select parts of its wealth management businesses, including the Evergreen [...]
Auto Desk makes DRONA more Thrilling
Drona, a much awaited film has lots to showcase because unlike any other Bollywood masala it has the latest 3D techniques and visual effects to woo the Indian audience. And yes, Autodesk owns the credit for its magic. Autodesk’s softwares have been used for both 3D and VFX which makes the movie look larger than [...]
Jerry Rao quits EDS Asia Pacific Advisory Board
Bangalore, September 29, 2008: Jaithirth (Jerry) Rao, Chairman, EDS Asia Pacific Advisory Board and founder of MphasiS has decided to resign from the Company. Jerry, founder of MphasiS, was its Chairman and Managing Director from 2001 to 2006. He continued as non-executive Chairman of the Board till early 2008. He also led EDS’ operations in [...]
Tata Motors introduces top-end variants on the Indigo CS
Mumbai, September 29, 2008: Tata Motors today announced the launch of three new fully loaded variants on its popular Tata Indigo CS range. The Tata Indigo CS – Compact Sedan, launched at the Auto Expo at New Delhi in January 2008, has received an overwhelming response from customers across the country making the Indigo range [...]
Minister says Andhra Most lucrative state for investments
The Confederation of Indian Industry organized a session on ‘India-US Economic Cooperation’ today on the occasion of the visit of USIBC Executive Mission to India.
Setting up an industry in Andhra Pradesh is very simple and straightforward; no need to run from pillar to post to get the required clearances, assured Dr J Geeta Reddy, Hon’ble [...]
HP launches the New series of Notebooks
Bangalore, September 26, 2008 – Hewlett-Packard (HP), the leading Consumer Notebook PC brand in India, today launched a brand new series of trendy and stylish Compaq notebooks, which boasts of several valuable never-seen-before software and features in the Compaq range.
Designed for the uber cool, modern and street smart youth who want to straddle both work [...]
Info Edge invests INR 200 million in eTechAces
Mumbai, 26 September, 2008: Info Edge, India’s Largest Internet Company, announced an investment of INR 200 Million towards a 49% equity stake in eTechAces Marketing and Consulting Private Limited, a company in the business of distributing financial products online. The investment would be made in tranches based on performance milestones.
eTechAces Marketing and Consulting is headed [...]
Delhi Fashion Week from 14th to 18th October 2008
Mumbai, September 26, 2008: The much awaited list of designers showcasing their talent at India’s most luxurious and cutting edge fashion platform, the Delhi Fashion Week, to be held from October 14th- October 18th ‘2008, was announced today.
Creativity is the common thread running through the list with names ranging from the most established designers in [...]