The board of Cranes Software International has approved the acquisition of 100% of the equity shares of Engineering Technology Associates Inc., USA (ETA), through its Wholly owned subsidiary Cranes Software Inc., USA and will invest Rs 720 million approximately in acquisition cost and immediate investments in product upgrades / alliances / infrastructure modernization, expansion, etc.
Year: 2008
Suppliers for Tata Small Car Project
The overhyped car from Tata Motors unveiled its first design in the Auto Expo show. I am wondering if their are any specialists reading this article to enlighten me about the safety this car can provide to its passengers.
We are all intelligent investors, right ? Forget Tata Motors, lets make money by betting money on its suppliers. Here is a list of suppliers for Tata’s Small Car Project. (more…)
Flawless Diamond India get export order worth Rs 32 crore
Flawless Diamond India received export order for its exclusive designer jewellery from Fine Jewellery, Hong Kong. The company has received this order due to exclusivity of its design and purity. The order has to be full filled within the next three months.
Further the company is now concentrating more into retailing of branded designer Jewellery and also looking at export potential in Europe and Middle East countries. The company has already opened showrooms and retails outlets and further the retail expansion programme is progressing according to the retail plan which the company had decided.
With the launch of different series of Aum Diamond Jewellery, like AUM Classic, AUM Signature and other brands. The company is receiving good response from the local and export market.
Bad Managers everywhere in Corporate India
Yellojobs.com conducted an online survey covering thousands of jobseekers in India to understand the real reasons behind why people quit. Yellojobs.com is a joint venture between Singapore-based online advertising company Yello Pvt. Ltd, and London-headquartered recruitment company Contact Recruitment Ltd, which has a strong presence in India.
Most Indians Quit and Move in their jobs due to Bad Bosses and Office Politics.
- 42% employees stated that they changed jobs due to non co-operating and bad superiors
- 34% per cent said that they had left their previous job as the organization could not provide any further growth and remuneration;
- Uninteresting job profile, office politics and work environment were the other reasons cited for changing jobs
It is time that managements spend sometime training managers rather than fresh hires.
Ahluwalia Contracts India bags 3 new projects
Ahluwalia Contracts India has bagged 3 prestigious contracts worth Rs 387 crore.
A project of Rs 229.7 crore from CPWD for Upgradation and Renovation of S P M swimming pool complex (talkatora stadium), New Delhi. The stadium would be venue for commonwealth games to be held in 2010. Recently company had also bagged the Rs 688 crore commonwealth games 2010 village residential project.
A project of Rs 111.6 crore order from Chalet Hotels for civil & structural work for hotel Renaissance at Powai, Mumbai.
A project of Rs 45.89 crore order from Phoenix Mills to build hotel in Mumbai. With inclusion of above orders, the total order book of the company currently stands at around Rs 3150 crore.
XPRO India – Multibagger Recommendation
XPRO India Ltd. is a part of S.K. Birla Group and is a diversified company involved in the manufacture of BOPP Films, Coextruded Plastic Sheets, Coextruded Cast Plastic Film, Thermoformed Components, Refrigerator Liners, Thermoset Moulding Powders and Synthetic Resins.The company has its manufacturing operations located at Faridabad, Greater Noida, Ranjangaon (Pune) and Barjora (West Bengal). The company had relocated its manufacturing plant located at Kandivali, Mumbai to Ranjangaon, Pune. (more…)