Mukesh Ambani-owned Reliance Industries (RIL), the largest private oil refiner and retail giant in India has registered a 7.4 per cent growth in profit at Rs 4122 crore in the second quarter, as compared to Rs 3837 crore for the quarter ended September 30, 2007.
While company's second quarter revenue rose 39.40% to Rs 44,938 crore in the three-month period ended September 30, against Rs 32,211 crore in the year-ago period.
Cognizant technologies, a leading provider of global consulting, technology and business process services, has entered into a five-year agreement with UK-based AstraZeneca, a leading pharmaceutical major, to provide application maintenance services in the business-critical areas of research, clinical development, and sales and marketing.
Under the extended agreement, Cognizant will work with AstraZeneca's Global Shared Services organization and implement world class, end-to-end application maintenance services.
HDFC Bank, India’s second biggest lender by market value, has opened its first full-fledged overseas commercial branch at a new financial district in Bahrain.
The bank stated that it has chosen Bahrain due to its excellent location, clean, open and transparent regulations, cost-effectiveness, and good bilateral relations between India and Bahrain.
PBA Infrastructure Ltd (PBA) has informed that company’s Joint Venture christened "PBA-CONSITE" has received two orders worth Rs 44.99 crore from Mumbai Metropolitan Region Development Authority.
Further PBA Infra stated that it has 60% share in these two awarded contract.
The JV has secured first contract worth Rs 15.81 crore for construction of skywalk at Ulhasnagar (East), in which PBA Infra has 60% share, valued at Rs 9.49 crore.
While, the second contract worth Rs 29.17 crore has bagged for construction of Skywalk at Ulhasnagar (West). PBA Infra 60% share valued at Rs 17.50 crore.
Public sector equipment maker Bharat Heavy Electricals (BHEL) has secured a contract worth Rs 1474 from the government controlled power generation company NTPC.
Under the deal, BHEL will set up two 660 MW steam turbine generators for NTPC's Barh thermal power project in Bihar.
BHEL’s scope of work includes design, engineering, manufacture, supply, erection and commissioning.
This is company's first commercial order with supercritical parameters through the International Competitive Bidding.
SBI Life Insurance, the third largest private life insurance company in the country has launched its first group health insurance plan "Criti9" for State Bank Group customers, to provide a superior health insurance option.
The newly introduced policy will be available for State Bank Group account holders aged 18 to 55 years, with maximum cover ceasing age being 65.
Mukesh Ambani-owned Reliance Industries (RIL), the largest private oil refiner and retail giant in India has registered a 7.4 per cent growth in profit at Rs 4122 crore in the second quarter, as compared to Rs 3837 crore for the quarter ended September 30, 2007.
Cognizant technologies, a leading provider of global consulting, technology and business process services, has entered into a five-year agreement with UK-based AstraZeneca, a leading pharmaceutical major, to provide application maintenance services in the business-critical areas of research, clinical development, and sales and marketing.
HDFC Bank, India’s second biggest lender by market value, has opened its first full-fledged overseas commercial branch at a new financial district in Bahrain. 
Public sector equipment maker Bharat Heavy Electricals (BHEL) has secured a contract worth Rs 1474 from the government controlled power generation company NTPC. 
SBI Life Insurance, the third largest private life insurance company in the country has launched its first group health insurance plan "Criti9" for State Bank Group customers, to provide a superior health insurance option.
