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India News on February 6, 2013

Javelin Demonstrates Extended Range Capability in Recent Tests
The Raytheon [NYSE: RTN] and Lockheed Martin [NYSE: LMT] Javelin Joint Venture demonstrated the ability of the Javelin missile to engage targets beyond its current maximum range requirements during a series of tests at Eglin Air Force Base, Fla. During the U.S. Army tests, the Javelin system acquired and engaged targets up to 4,750 meters Business Wire India

Sai Silks (Kalamandir) Limited Price Band at Rs 70-75 per Equity Share
Sai Silks (Kalamandir) Limited, the retailer of women’s, Kids and Men’s wear, has filed a Red Herring Prospectus (“RHP”) with SEBI / ROC for an initial public offer (“IPO”) to raise Rs. 89 crores. The company is following a book building process and the price band has been set in the range of Rs 70 - 75 per share Business Wire India

The Akshaya Patra Foundation Receives Awards and Accolades Galore
The Akshaya Patra Foundation has been named as one of the Top 100 NGOs in the world by The Global Journal in its 2013 edition titled “Top 100 NGOs Annual Ranking”. Akshaya Patra stands at 23rd rank among the 100 top NGOs and stands first in the category of Children and Youth Business Wire India

Intuit India Mentors Startups at TiE SmashUp!
With the recent surge of startups entering the business arena, Intuit India, a leading provider of business and financial management solutions for small and mid-sized businesses in India further accelerated its vision to support the startup community in India by sponsoring the TiE SmashUp! event in New Delhi Business Wire India

Telerik Launches Free Mobile Safety Application for Women in India
Telerik, a leading end-to-end provider of software development, lifecycle and content management tools and solutions, today announced the launch of “SafeBridge” - a new, free mobile application for personal safety in India Business Wire India

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