Wednesday, August 19, 2015


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Petron Engineering secures order worth Rs11.75 crore
Petron Engineering Construction announced that the Company has received work order from Shree Cement, Bewar, Rajasthan for Civil construction work and Reinforcement & M. S. Steel work of Ball Mill Structure for a total contract value of Rs11.75 crore (excluding service tax).

Glenmark Pharma has been grant final approval by USFDA
Glenmark Pharmaceuticals has been granted final approval by the United Stated Food & Drug Administration ( USFDA) for Drospirenone and Ethinyl Estradiol Tablets USP, 3 mg/0.02 mg, the generic version of Yaz Tablets of Bayer Healthcare Pharmaceuticals Inc. Glenmark plans to commence shipping of Drospirenone and Ethinyl Estradiol Tablets USP, 3 mg/0.02 mg immediately.
Infosys bags order from Fidelity Bank of Nigeria
Infosys bags order from Fidelity Bank of Nigeria – positive read thru .Infosys Finacle a product subsidiary of Infosys has bags order from Fidelity bank of Nigeria, it will migrate core banking platform from finacle version 7 to finacle version 10. This migration is part of the bank transformation initiative, enhance its operational efficiency, strengthen innovation capabilities and support scalable growth. It will help the bank with in depth customer analytics, right-sell opportunities, and personalized offerings.

Intellect Design bags order from Hong Leong Bank
Intellect Design Arena announced that Malaysian Hong Leong Bank Berhad has appointed the Company as its partner in the bank's effort to transform and digitise its wholesale banking offerings.

The bank's adoption of Intellect's multi-award winning Intellect Global Transaction Banking (‘iGTB') suite is in line with the global Banking 3.0 trend whereby technologies such as mobility and cloud are redefining financial services and payments worldwide.
Gammon India plans to separate two businesses
Gammon India is planning to separate two of its businesses and transfer them to its wholly owned subsidiaries as the company looks to reduce its high debt by raising fresh money in the two new firms.The company will separate its EPC and transmission & distribution businesses and transfer them to Gammon Retail Infrastructure and Transrail Lighting.

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