Business, Finance & Stock Market updates for October 25, 2007

Cranes Softwares Q2 revenue up 38 pc
/ Business Wire IndiaCranes Software International Ltd. (CSIL), a global data analytics and engineering simulations software products and solutions provider, today announced its un-audited results for the second quarter ended 30th September, 2007. ANI

Centre lifts ban on export of premium non-basmati rice
The Union Cabinet on Thursday announced its decision to partially lift the ban imposed on the export of non-basmati rice. ANI

CII and GIFAS to promote cooperation between French and Indian defence industries
Lt Gen. S S Mehta, Director General of Confederation of Indian Industry (CII), and Mr Guy Rupied, Managing Director of GIFAS, the French Aerospace Industry Association, have signed today, in New-Delhi, a Memorandum of Understanding to promote cooperation in the field of Defence between their respective industries. ANI

Air Chief calls for technology roadmap for aerospace industry
The Chief of Air Staff, Air Chief Marshal F H Major today called for a technology roadmap by the government for the aerospace industry and a greater role by the private sector in defence design and development to help the Indian aerospace industry become a major player in the global market. ANI

Hirco invests GBP 96.6 million in development in Mumbai
-Business Wire IndiaHirco PLC, the investment vehicle for Hiranandani, Indias largest developer of prestigious mixed-use townships, today announced that it has invested GBP 96.6 million in a residential township (Panvel Residential) development project located in Panvel, in the Mumbai Metropolitan Region. ANI

Jefferies Opens Office in India, Continuing Global Expansion
Business Wire India

Rediff.com India Limited Schedules Second Quarter Earnings Results Conference Call For November 01, 2007
Business Wire India

Wipro Announces Innovation Isle on Second Life, Becomes First Indian Company to Announce Virtual Presence
Business Wire India

Cranes Software's Q2 FY08 Consolidated Revenues up 38%
Business Wire India

Idea Cellular Limited: Consolidated Q2 Results-Revenue Rs 15643 mn, EBITDA Rs 5128 mn, PAT Rs 2203 mn
Business Wire India

Burson-Marsteller Appoints Simon Pangrazio President and CEO Asia Pacific
Business Wire India

Interactive Brokers First-to-Market With Competitive Dutch Options Price Structure
Business Wire India

3M and Sanyo Settle Suit over Lithium Ion Battery Cathode Intellectual Property
Business Wire India

Jeffrey Applegate Appointed Chief Investment Officer for Citi Global Wealth Management
Business Wire India

Hirco Invests GBP 96.6 Million in Development in Mumbai
Business Wire India

Serverside Group Granted European Patent on Core Card Customisation Architecture
Business Wire India

HOV Services Ltd Q2 FY'2008 Consolidated Operating Income Up 686%
Q2 Consolidated Total Income Up 455% Concept PR