It might be quite interesting and surprising to know, but India’s space program actually commenced at a church located in Thumba, a small village known only for fishing and a bit far from Thiruvanathanapuram airport in Kerala.
UTI Mutual Fund, the country's oldest fund, has launched its unique 'UTI Wealth Builder Fund-Series II', an open ended equity oriented scheme in the Indian market.
UTI claims that UTI Wealth Builder Fund-Series II is the first of its kind in the mutual fund industry to offer asset allocation which combines traditional as well as non- traditional asset class i.e. Equity and Gold.
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.