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Sales for the current fiscal (FY2010) to grow by 20% and the profits to grow by 25% factoring in no wage revision provision and material cost remain same. Conservatively expects an order inflow of Rs 50000 crore with about 35000 crore of power sector orders, 10000 crore of industrial sector orders and Rs 5000 crore … Read more BHEL -Expects revenue growth of 20% in FY – 10
Insurance companies in the health sector have come together to form a Health Insurance Council to standardize practices across companies, a move that would help the policy holders to get better service and for clearing all the hurdles of growth. Along with representatives from insurance companies, the proposed body will also have representatives from third-party … Read more Health Insurance Council India – Insurers come together
Tata Communications, a leading provider of the new world of communications, and Dimension Data, the $4.5-billion specialist IT services and solutions provider, have signed an agreement to support the Cisco Systems Telepresence suite of products on a worldwide basis. Dimension Data, one of a select few Cisco partners with TelePresence Global Authorized Technology Provider (ATP) … Read more Tata Communications + Dimension Data partner to accelerate global TelePresence market
Cranes Software has announced the release of finite element modeling software eta/VPG Version 3.4. This version features the debut of integrated linear static and Eigen value modules from the general purpose FEA software suite NISA, which allows users to easily create and visualize advanced simulations within the eta/VPG environment. The eta/VPG/Safety module is used extensively … Read more Cranes Software releases modeling software eta/VPG Version 3.4
Religare Enterprises is fine tuning its plans to enter the home loan segment. The financial services company is in the process of acquiring a majority stake in Maharishi Housing Development Finance Corporation (MHDFC). MHDFC has the National Housing Bank (NHB) and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) licence. … Read more Religare Home Finance to be Launched Very Soon
IVRCL Infrastructures & Projects (IVRCL) roads, power and water divisions has won orders amounting Rs.359.52 crore. Road Division The road division has bagged order worth Rs 164.64 crore by Kolkata Metropolitan Development Authority for construction of Vivekananda Road Flyover on turnkey contract basis in Kolkata. The order is scheduled for completion period in 18 months. … Read more IVRCL Infra wins orders aggregating Rs.359.52 crore