Company News

DLF Assets to Bring In $450m from PE investors

DLF AssetsDLF Assets (DAL), promoted by K P Singh will raise USD 450 million from private equity investors by December for part payment to another promoter group firm DLF Ltd. DLF Assets Ltd has been established to acquire commercial projects of DLF, the country's largest realty firm.

Easiprocess To Open 500 Seater BPO In Pune

Easiprocess To Open 500 Seater BPO In Pune   Bangalore-based BPO Easiprocess is ready to set up its new office in Pune, which can house 500 employees in one shift.

The expansion of the new office is in view of potential third party clients that Easiprocess is confident of securing shortly.

Presently, Easiprocess has two offices in Bangalore - one that is functional and accommodates 100 workers and another that serves as a Disaster Recovery site.

Aramco wishes to enter Indian oil sector

AramcoPresident and CEO of Aramco, Mr. Abdallah S. Jum'ah said that the speculations are the major reason for fluctuation in the oil prices and it would take some time for the price stability. Aramco is Saudi Arabia based largest company in the world in oil production and exploration.

DLF Assets to Bring In $450m from PE investors

DLF Assets to Bring In $450m from PE investors DLF Assets (DAL), promoted by K P Singh will raise USD 450 million from private equity investors by December for part payment to another promoter group firm DLF Ltd.

DLF Assets Ltd has been established to acquire commercial projects of DLF, the country's largest realty firm.

DAL owes Rs 4,804 crore to DLF as on September 30 and was targeting capital raising to the tune of USD 400–500 million. The DAL PE deal, in which JP Morgan and Texas Pacific will together put in USD 200 million, is likely to be signed in the next few days.

Edimax Technology Rolls Out Wireless USB Adaptor With 3 DBI Antenna EW-7711U

Edimax Technology Rolls Out Wireless USB Adaptor With 3 DBI Antenna EW-7711U  Edimax Technology Rolls Out Wireless USB Adaptor With 3 DBI Antenna EW-7711U  Edimax Technology, top maker of networking solutions, announced the immediate availability of its Wireless USB Adaptor with 3 DBI Antenna EW-7711U. EW-7711U is a high-gain wireless USB adaptor, which provides a simple and easy way to add or upgrade wireless connectivity to your PC.

This nLITE high-gain USB adaptor backs up data rate up to incredible high-speed wireless network access and reduces the use of repeters at home.
 

Gati Appoints Sameer Khatri As Chief International Business Chain Officer

Gati Appoints Sameer Khatri As Chief International Business Chain Officer   Gati International has announced the appointment of Mr. Sameer Khatri to the role of International Business Chain Officer.

Khatri will be responsible for the global operations of Gati Limited.
He has quality experience of 17 years in International operations in
Logistics. His focus will be in creating Gati's International business
in India, in Asia Pacific regions and in the SAARC countries.

Sameer Khatri is a noted figure in the logistics segment. He is known

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