Company News

Arshiya International inks purchase deal worth Rs 71 crore with Kalmar Industries

Arshiya International inks purchase deal worth Rs 71 crore with Kalmar IndustriesArshiya International Limited, an India headquartered global Logistics and Supply Chain Services Company, has signed a purchase deal worth Rs 71 crore with Finnish equipment manufacturer, Kalmar Industries (part of Cargotec Corporation) to supply seven (7) E-One+ rubber-tyred gantry (RTG) cranes and ten (10) DRF450 reach stackers.

ArcelorMittal Initiates Land Acquisition Process In Orissa

After getting a green signal from the people of 2 villages of Keonjhar district, ArcelorMittal Initiates Land Acquisition Process In OrissaWorld’s largest integrated metals and mining company ArcelorMittal has started the process of land acquisition for its 12 million tonnes per annum steel plant in Orissa.

The company now hopes to take the possession of the required land by the end of this year.

Infosys To Set Up Its Largest Campus In Hyderabad

Infosys Technologies, a multinational information technology services company, Infosys To Set Up Its Largest Campus In Hyderabadhas decided to set up its single largest campus at Pocharam village on the outskirts of Hyderabad.

The proposed campus is company’s second campus, which is being constructed on a 447-acre special economic zone (SEZ) with a total investment of Rs 1,250 crore.

To be built in three phases, the campus will have a sitting capacity of 25, 000 people, and will be finalized over a period of ten years.

Bharat Forge starts its new manufacturing facility at Pune

Bharat Forge starts its new manufacturing facility at Pune

Resurgere Mines IPO to open on 11th August with price band of Rs 263-272 per share

Resurgere Mines IPO to open on 11th August with price band of Rs 263-272 per share Resurgere Mines & Minerals India Limited is entering the capital markets on 11th August 2008 with a public issue of 4,450,000 Equity shares of Rs 10 each through 100% book building process. The price band has been fixed at Rs 263 to Rs 272 per Equity share of Rs 10 each. The issue closes on 13th August 2008. The issue comprises reservation of 2.50 lakh equity shares for eligible employees, leaving the net issue to the public of 42 lakh shares. The net issue would constitute

Rishabhdev files DRHF with SEBI for 90 lakh shares

Rishabhdev files DRHF with SEBI for 90 lakh sharesRishabhdev Technocable Limited, a cable manufacturing and trading company, has informed that it has filed Draft Red Herring Prospectus ("DRHP") with the market regulator Securities & Exchange Board of India ("SEBI") to raise funds from the capital market by way of a Follow -on public offer of its equity shares.

The Company proposes to issue 9,000,000 equity shares (the "Issue") of Rs 10 each for cash at a price to be decided through a 100% book-building process.

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