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Home / Business News / 2008 / April 2008 / April 2, 2008
Business News for April 2, 2008, Finance & Stock Market updates for April 2, 2008

Top News

Karnataka High Court orders Ramoji Rao to appear in Ballari Court

CCEA approves scheme on National Mission on Medicinal Plants

Magnets could keep sharks at bay!

Pammie was first choice for X-Files lead role!

Chidambaran says government to speed up reforms

ICC chief Haroon Lorgat to meet the media in Colombo

Bossy parents cause older teens to indulge in more sex

Aussies turning in droves to alternative therapies

Business News for April 2, 2008, Finance & Stock Market updates for April 2, 2008

Sify technologies limited migrates financial reporting procedure to International
) -- Sify technologies limited (NASDAQ National Market: SIFY), a leader in consumer, internet and enterprise services in India with global delivery capabilities, announced that the company is migrating its financial reporting to the International financial reporting Standards (IFRS). Sifys financial results were announced previously under US GAAP up to the quarter ending December 31, 2007. ANI

Lummus Technology heat exchangers selected by Essar Oil
Lummus Technology, a Cb and I company, has announced that Essar Oil Limited (EOL) has purchased 50 HELIXCHANGER heat exchangers, which are based on Lummus proprietary technology, to be utilized in the expansion of crude and vacuum units and the delayed coking unit at Essars refinery in Jamnagar, Gujarat. ANI

ConnectM Scales up with new delivery center
ConnectM, the end-to-end solutions provider for the transportation, utilities, industrial and enterprise markets, has announced that in keeping with the companys immediate growth plans, it has moved to a new and larger delivery and operations center at Adarsh Tech Park - SEZ on Sarjapur Outer Ring Road. ANI

Darby Asia Mezzanine Fund invests in Indias largest coffee conglomerate
Darby Overseas Investments, Ltd. (Darby), the private equity arm of Franklin Templeton Investments, announced that its Darby Asia Mezzanine Fund II (DAMF II) invested US 25 million dollars through an affiliate in Bangalore-based Amalgamated Bean Coffee Trading Company Ltd. (popularly known as Coffee Day). ANI

Hitachi shifts Indian elevator and escalator marketing into full-scale operation
Hitachi, Ltd. today announced that Hitachi Lift India Pvt. Ltd. (Hitachi Lift India), an elevator and escalator marketing and service company established in New Delhi in January this year, has moved into full-scale operation. ANI

CRISIL upgrades long-term ratings of Sterlite Industries
Sterlite Industries (India) Limited (Sterlite Industries) is pleased to announce that the premier Indian rating, research risk and policy advisory company, CRISIL, has upgraded its rating on Sterlite Industries long-term non-convertible debenture programme to AA+/Stable from AA. ANI

Cincom introduces configuration management software for Microsoft Dynamics CRM
Worldwide software provider Cincom Systems (www.cincom.com/q2o) today introduces Cincoms Sales and Product Configurator for Microsoft Dynamics CRM. ANI

Cincom Introduces Configuration Management Software for Microsoft Dynamics CRM
Business Wire India

CRISIL Upgrades Long-term Ratings of Sterlite Industries, Additionally Assigns Ratings for Bank Facilities
Business Wire India

Darby Asia Mezzanine Fund Invests in India's Largest Coffee Conglomerate
Business Wire India

ConnectM Scales up with New Delivery Centre
Business Wire India

Fidelity Launches Fidelity Online
Business Wire India

"India will Learn to Manufacture Faster than China will Learn to Market": Emerging Economy Report by CKS
Business Wire India

S. S Gopalarathnam Appointed Managing Director of Cholamandalam MS General Insurance
Business Wire India

Sify Technologies Limited Migrates Financial Reporting Procedure to International Financial Reporting Standards (IFRS)
Business Wire India

Citibank Launches Special Offering for Expatriates
Business Wire India

Metso to establish "Metso Park" in India
Business Wire India

Micron Samples 4 Gigabyte DDR3 Notebook Modules
Business Wire India

Ethertronics Powers Next Wave of GPS and Bluetooth Devices with New Miniaturized Ceramic Antennas
Business Wire India

Blackstone Real Estate Partners VI Closes with $10.9 Billion Raised
Business Wire India

3M Completes Acquisition of Aearo Technologies Inc.
Business Wire India

Howard Zhang Joins Davis Polk as Firm Expands Beijing Office
Business Wire India

Lummus Technology Heat Exchangers Selected by Essar Oil
Business Wire India

IMin Purchases Kaolin Business from J.M. Huber Corporation
Business Wire India

GCT Semiconductor Announces the Industry's First Single-Chip Solution Supporting both Mobile WiMAX IEEE 802.16e WAVE 2 and WiFi 802.11 b/g
Business Wire India

Avery Dennison Acquires DM Label Group
Business Wire India

Hitachi Shifts Indian Elevator and Escalator Marketing into Full-Scale Operation
Business Wire India

Norkom Appoints David Dixon Managing Director of Global Solutions
Business Wire India

MonaVie Launches Global ''Free Agent'' Initiative
Business Wire India

Ecma Office Open XML Document Format Appears to Win Approval as an ISO/IEC Standard
Business Wire India

Bacardi Limited Launches Champions Drink Responsibly Corporate Responsibility Campaign Featuring Michael Schumacher
Business Wire India

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