Wipro tops in global MAKE award 2007

Wipro Technologies, the global IT services vertical of the company has informed us that it has been recognized for the second time as a winner of the 2007 global MAKE award and was ranked first in the information technology sector in creating an environment for collaborative knowledge sharing and creating a learning organization categories, thereby delivering value based on customer knowledge MAKE stands for most admired knowledge enterprises and the awards were established in 1998.

The MAKE Winners are chosen by a panel of fortune 500 business executives and leading knowledge management and intellectual capital experts after an initial short-listing based on nominations by the panel. The global MAKE study recognizes organizations which are world leaders in creating shareholder wealth by transforming new as well as existing enterprise knowledge and intellectual capital into superior products / services / solutions.

Wipro Technologies has also won the 2007 Asian MAKE award, fifth time in a row, which was presented in a glittering ceremony in the world knowledge forum held at Seoul, South Korea. In addition, Wipro Technologies also received the 2007 Indian MAKE award third time in a row in KM India 2007.

ABN Amro Bullish on Tata Chemicals – Lot of Hidden value

Tata Chemicals Ltd [TCL] business model has too many moving parts with a presence across diverse but not so glamorous sectors such as soda ash, branded edible salt and fertilisers. TCL is the third-largest producer of soda ash in the world today and India’s leading fertiliser producer and distributor, as well as having a strong management pedigree.

The next leg of India’s growth story will have to involve raising agricultural productivity and TCL is a play on this structural trend. TCL is not only one of the most energy-efficient urea manufacturers in India, but also has strong brands in phosphatic and complex fertilisers. TCL is not only one of the most energy-efficient urea manufacturers in India, but also has strong brands in phosphatic and (more…)

GMR Infra JV with Nepal’s Himtal Power

GMR Infrastructure has announced that GMR Energy, the company’s 100% subsidiary company had entered into a share purchase and joint venture agreement to acquire 80% stake of Himtal Hydro Power Co. Himtal have subsisting survey licence issued by the department of electricity development, Government of Nepal for undertaking the feasibility study and environmental impact assessment study for setting up a 250 MW upper Marsyangdi — 2, hydro power project, located in upper Marsyangdi, Nepal.

Kotak recommends Sunil Hit-Tech Engineers

Sunil Hi Tech Engineers Ltd (SHEL) is a niche player in the power sector that builds, maintains and refurbishes power plants. The company also sets up transmission and distribution (T&D) substations, control rooms and erects super structures for steel, cement, aluminum, refineries and gas-based plants.

Almost 60% of the current power capacity is to be added in next five years. The Government has also planned ultra mega power projects (UMPP) with a capacity of at lest 4000 MW each. More than 90% of the revenues of SHEL (more…)