Tata Communications + Dimension Data partner to accelerate global TelePresence market

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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 releases modeling software eta/VPG Version 3.4

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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 Home Finance to be Launched Very Soon

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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 Infra wins orders aggregating Rs.359.52 crore

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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

Premium collection of general insurers decline by 2.33% in Feb

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The non-life insurers witnessed a 2.33% decline in their gross premium income collection in February 2009 as compared to 6% in January 2009. High discounts, ongoing economic slowdown and the cut-throat competition are considered to be the reason for this decline. Public sector general insurer National Insurance recorded a 10.43% fall in growth, while New … Read more Premium collection of general insurers decline by 2.33% in Feb

London Metal – Copper Hits $4,300 per Tonne – China Effect

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LME copper rallies to 5-month high, closes up 4% at $4,300 per tonne; all base metals end higher Friday after week of better-than-expected economic data. Friday’s US non-farm payroll data was in line with expectations. Fund buying, technical buy-stops, momentum buying pushed prices higher. The G 20 summit, improved economic data spurring bulls into action. … Read more London Metal – Copper Hits $4,300 per Tonne – China Effect