ICICI Bank to fund up to 85 per cent to buy Harley-Davidson bikes
On January 7th, 2010 by | 35 Comments | Posted in PoliticsHyderabad, January 7: Harley-Davidson India and ICICI Bank have signed a pact to extend banking and financial services to Harley-Davidson India for the operations of its business in India. This memorandum was signed by Anoop Prakash, Managing Director, Harley-Davidson India and Vijay Chandok, Senior General Manager, ICICI Bank at the 10th Auto Expo in New [...]
ICICIdirect launches online trading platform for Independent Financial Advisors
On January 6th, 2010 by | 34 Comments | Posted in PoliticsHyderabad, January 6: Broking services arm of ICICI Bank Ltd ICICI direct today announced the launch of its online platform dedicated exclusively for the Independent Financial Advisors (IFAs). Launched under the ICICIdirect.com banner, the new platform is a cost-effective opportunity for IFAs to service their customers. An AMFI certified IFA with a minimum of a [...]
Meru Cabs implements ERP Solutions
On December 16th, 2009 by | 45 Comments | Posted in NewsHyderabad, December 16th 2009: Meru Cabs, India’s favourite and largest radio cab service provider, has implemented Enterprise Resource Planning) system (ERP) throughout the organisation. Meru Cabs has deployed around 3800 cars in Mumbai, Delhi, Bangalore and Hyderabad within 30 months of commencement of operations. As Meru Cabs grows and processes mature, there comes a need [...]
Ramalinga Raju front companies cliams 1230 crores from Mahindra Satyam
On November 17th, 2009 by | No Comments | Posted in News, UpdatesHyderabad: B.Ramalinga Raju, who is now taking treatment in NIMS hospital in Hyderabad cleverlly arranged legal notices to Mahindra Satyam, owned by Tech Mahnidra Ltd. Satyam Computer Services Ltd has informed BSE that: “Mahindra Satyam has received legal notices from 37 companies claiming a refund of Rs. 1230. 40 crores (equivalent to around USD 265 [...]
Bharti Airtel launches Far-East Connect Network for Asia and the Pacific region
On November 17th, 2009 by | No Comments | Posted in NewsNew Delhi, November 17, 2009: Bharti Airtel, Asia’s leading integrated telecom services provider announced the commencement of operations of its Far-East Connect Network, enabling it to serve the requirements of wholesale customers in the high growth markets across Asia and the Pacific. The Far-East Connect Network is uniquely designed to meet both the expansion and [...]
Share Tips Prices Targets: IVRCL restructuring rational report by Motilal Oswal
On November 11th, 2009 by | No Comments | Posted in Market Trends, UpdatesIt seems analyst community is convinced with the move taken by the IVRCL Infrastructure management to transfer the BOT assets to its listed subsidiary IVR Prime Urban Developers Ltd. Angel Broking given some positive opinion recently and Motilas Oswal has come out with some more details after the meeting the management. here is the key [...]
Bajaj Motor Bikes tops the sales, no body cares price list
On November 3rd, 2009 by | No Comments | Posted in PoliticsHyderabad: Festival sales have lifted Bajaj Auto Ltd’s September and October singinificantly. Youth never cares about price. they just look the style. just style. It is clearly evedent that the customers never worried about the price list of Bajaj motor cycles. They just looked its style and looks. The company sold 500,000 bikes in September [...]
Axis Bank ties up with Motilal Oswal Securities for Online Trading
On May 20th, 2009 by | No Comments | Posted in NewsMumbai, May 20th, 2009: Axis Bank; India’s third largest private sector bank, today entered into a strategic alliance with Motilal Oswal Securities Ltd (MOSL), one of India’s largest financial services intermediaries, to facilitate online trading for the Bank’s ten million customers. A Memorandum of Understanding (MoU) to this effect was signed by Mrs. Sonu Bhasin, [...]
Dr. Reddys FY09 Revenues at Rs. 6,944 cr, Betapharm erodes Net profit
On May 18th, 2009 by | No Comments | Posted in PoliticsHyderabad, India, May 18, 2009: Dr. Reddy’s Laboratories Ltd. (NYSE: RDY) today announced its unaudited financial results for the year ended March 31, 2009 under International Financial Reporting Standards (IFRS). FY09 Key Highlights o Overall revenues at Rs. 69.4 billion ($1.4 billion) in FY09 as against Rs. 50.0 billion ($983 million) in FY08, representing a [...]
ICICI Securities Ltd MD & CEO Madhabi Puri Buch reaction on poll results
On May 16th, 2009 by | No Comments | Posted in UpdatesThe mood of the moment is clearly upbeat. The largest and most complex election process on the planet is complete. The impact of the results on the markets is clearly positive. Both in the short term and long term. In the secondary markets and the primary markets. Why ? It is almost as though investors [...]