Month: February 2009

Fortis Healthcare dental centre at Malar Hospital

by

Fortis Healthcare has inaugurated its dental centre at the acquired Malar Hospital in Chennai, with the aim of promoting dental tourism in the city. The Fortis Dental Centre has been floated on partnership basis with dental chain Axiss Dental. Senior specialistd from Delhi would frequently visit the first-of-its-kind dental center in the city equipped with … Read more Fortis Healthcare dental centre at Malar Hospital

Singapore Airlines extends IT service agreement with TCS

by

Tata Consultancy Services (TCS) has been chosen by Singapore Airlines to provide IT services for three years for a set of applications used by the Singapore Airlines Group of Companies. This is an extension of the existing agreement for TCS. As per the agreement, TCS will continue to manage a significant portion of Singapore Airlines’ … Read more Singapore Airlines extends IT service agreement with TCS

Jaiprakash Associates to refund bid amount for sale of Malvika Steels

by

Jaiprakash Associates has received Letter of Intent (LoI) dated February 20, 2009 from Sangam Power Generation Company, a subsidiary of UP Power Corporation for setting up of 2 x 660 MW Super Critical Technology – Karchhana Thermal Power Project at Allahabad, with approved coal linkage. In a further development, subsequent to the sale of assets … Read more Jaiprakash Associates to refund bid amount for sale of Malvika Steels

FII net sellers of Rs 384 cr in cash segment on Wednesday

by

Foreign institutional investors (FIIs) were net sellers of Rs 384.37 crore (provisional) in the cash segment on Wednesday, as per information available on the BSE website. While FIIs made gross purchases of Rs 831.33 crore, their gross sales stood at Rs 1,215.70 crore. Domestic institutional investors (DIIs) were net buyers of Rs 367.84 crore (provisional) … Read more FII net sellers of Rs 384 cr in cash segment on Wednesday

Reliance + SBI Life Grow at cost of ICICI + Bajaj Allianz

by

According to the latest data released by the Insurance Regulatory and Development Authority (IRDA), the annualized premium equivalent (APE) for the life insurance industry fell (for the third consecutive month) by 19.6% year on year (yoy) in January 2009. The decline in the APE was more pronounced in case of the private players at 22.5% … Read more Reliance + SBI Life Grow at cost of ICICI + Bajaj Allianz