National & International Press Releases Distribution
From the category archives:
Hinduja Bank (Middle East) Ltd is First Swiss Bank to Become a Category 1 Bank in DIFC as a Subsidiary
— Hinduja Bank (Middle East) Ltd, a subsidiary of the Switzerland-based Hinduja Bank (Switzerland) Ltd, announced today that it has obtained authorization from the Dubai Financial Services Authority (DFSA)…
Patented SideTap™ technology leverages MicroSD card with integrated OTA capability to deliver true mobile commerce experience, without losing core memory card functionality
— First Data, a global leader in electronic commerce and payment processing today announced an agreement with Tyfone, a provider…
By offering SBI Banking services through Sahaj Rural Development Foundation (SRDF) through its Common Service Centres (CSCs) that Sahaj is setting up in the states of West Bengal, Bihar, Assam, Uttar Pradesh, Orissa and Tamil Nadu.
—
Srei Sahaj e-Village Limited, a subsidiary of Srei Infrastructure Finance…
Lakshmi Vilas Bank a leading and fast growing private sector bank has tied up with Visa to launch the ‘Lakshmi Vilas Bank International Visa Debit Card’.
— Lakshmi Vilas Bank a leading and fast growing private sector bank has tied up with Visa to launch the ‘Lakshmi Vilas Bank…
IndusInd Bank is unveiling its new advertising campaign, a series of three Ads to communicate services like Mobile Alerts, Online Payments and Ready2Use Savings Account kit. The ad campaign, which is all set to go on air on February 26, 2010, features well-known faces of Omi Vaidya (Chatur of 3 Idiots fame) and Shruti Seth ( popular TV actress of…
Landmark Deal Spearheads QuIC’s Entry into Global Insurance Market; Builds on Track Record of Regulatory Approval Excellence
— QuIC Financial Technologies, a market leader providing the world’s financial organisations with risk management, pricing and analytic solutions, is pleased to announce that Lloyd’s, the world’s leading specialist insurance market, has…
Mr Gupta has more than 12 years of investment banking and transaction advisory experience. He joins from Nomura where he was most recently Head of Telecommunications, Media and Financial Services for India.
— Macquarie Capital (Macquarie) today announced the appointment of Gaurav Gupta as Head of India for Macquarie…
The Management of Tax Knowledge report shows a serious lack of understanding of the tax system
— Her Majesty’s Revenue and Customs (HMRC) spends a lot of time telling us that ‘tax doesn’t have to be taxing’.
However, a three-year research project carried out for ACCA (the Association of…
Murthy Veeraghanta, Chairman and Managing Director of VSoft Technologies has been awarded the Business Leadership Award for Industrial Development by Indian Economic Development and Research Association (IEDRA).
— VSoft Technologies, a global information and technology provider of process improvement solutions for financial institutions, announced today that Murthy Veeraghanta,…
The Morpheus will invest 5 Lakh INR (10,000 USD) in portfolio companies starting Batch 4 of its Business Acceleration Program (BAP). We have raised a small fund to help start-ups monetarily giving them the impetus over and above our real mentoring value. We are accepting applications for Batch 4 of the Business Acceleration Program (BAP) that starts last week of…
Deal to value add the growth of the company
— In January this year, Aditya Birla Private Equity closed its maiden Fund, Aditya Birla Private Equity – Fund I, raising Rs. 675 crores. This fund is pleased to announce having committed an investment of Rs. 50 crores in Gujarat…
Manoj Singla and Suhas R Harinarayanan join as Co-Heads of Research as RCML continues to develop its global research capability
— Religare Capital Markets Limited (RCML), a part of Religare Enterprises Limited (REL), a diversified financial services group, today announced the appointment of Manoj Singla and Suhas R Harinarayanan…
Foreign Currency Demand Drafts now available at FCH CentrumDirect Ltd. outlets across India
— FCH Centrum Direct Ltd., a Category II Authorised Dealer is now equipped to issue Foreign Currency Demand Drafts in various currencies across the counter apart from other outward remittance facilities to cater to its growing…
Urges people to look at insurance in a new light and get them to do proper financial planning for themselves and their families.
— HDFC Standard Life, one of India’s leading life insurance companies, today announced the launch of its new marketing campaign.
Announcing the launch, Sanjay Tripathy, Executive…
Three Wharton graduates and former Goldman Sachs and AQR Capital portfolio managers bring specialized quant strategies to the Indian market.
— Forefront Capital Management introduces India Opportunities, a quantitative long-only PMS based on fundamentals for HNIs and institutions. The strategy was launched in September 2009 and invests in large…
Future focused firmly on Pakistan, India and Bangladesh
— The UAE remittance market has a volume of about $10 Billion a year. The workforce of the country includes numerous migrants from India, Pakistan and Bangladesh. To cater to them, VoiceCash Group has announced a new service to enable these…
Another first from Future Generali India Insurance, exclusively for Big Bazaar customers
— Shoppers all across India thronging Big Bazaar outlets during January 23-26, to make the most of ‘Sabse Saste 4 Din’ offer had one more reason to celebrate. Future Generali India Insurance Company has just launched a…
CNI Research Ltd., the leading BSE listed research organization that specializes in Small & Mid-caps, announced its unaudited financial results for the quarter ended 31st December 2009.
— CNI Research Ltd., the leading BSE listed research organization that specializes in Small & Mid-caps, announces results for Q3 of 2009-2010…
Q3 Highlights – Total Income up by 13% at Rs. 409 crores – PAT up by 111% at Rs. 97 crores F-10 – April,2009 to December,2009 (nine months period) Highlights – Total Income up by 11% at Rs. 1113 crores – PAT up by 93% at Rs. 212 crores
…
Before you apply for these loans, Ensure that you have checked your credit report after taking out all the copies from the major credit rating agencies.
— Your own earnings may not be enough for buying a costly vehicle like a car. Hence, borrowing the money through a loan…
Flexible loan-for-equity deal provides alternative to rights issue
— Private Investment in Public Equity (PIPE), a long established source of finance for public companies in the US, is now available to companies listed on stock exchanges across the Asia Pacific region. A PIPE fund, backed by some of the…
The biggest names in the accountancy world come together for the first time to address issues involved in India’s transition to IFRS at the Implementing IFRS conferences being organized by Get Through Guides (GTG) with ACCA (Association of Chartered Certified Accountants) as platinum sponsors.
— Mumbai, January 20, 2010:…
Blind eye to communication and ethics exposes weaknesses around non-executive directorship, consumer protection and risk management
— Regulators and businesses need to be able to engage in a common sense business dialogue to ensure that global financial regulation heads in the right direction in 2010, says ACCA (the Association…
With the impact of the Global economic slowdown, many businesses that seemed to touch the skies are now pulled down with the fear of insolvency, according to the professional insolvency practitioners of wilsonfield.co.uk
— Sheffild, Sheffild ( ) January 20, 2010 – Insolvency will not be a strange term…
Leading Investors and Entrepreneurs to discuss changing landscape at APEX’10 Summit
— A recent survey of leading Private Equity and Venture Capital investors by research firm Venture Intelligence revealed that a majority of investors are willing to bet that the introduction of 3G services can be a game changer…
Financial Services, especially Microfinance, has been among the few sectors that has witnessed rising investor interest even during the period in which the global financial system went through a major upheaval. With the bounce back in the overall economy and the Indian government and regulators making a strong push for financial inclusion, the opportunities for partnerships between PE/VC investors and…
Selected PSU stocks, power, infrastructure and banking are the sector of 2010 and hopefully those sectors will outperform the bourses
— Stock Pick for 2010
18th January 2010
The stock market in India is likely to extend its recent rally into 2010 but it is unlikely to repeat…
Profit after tax for the year amounted to Rs. 36.16 crores as compared to Rs. 27.78 crores for the previous year, an increase of 30%.
— The Board of Directors of GRUH Finance Ltd. (GRUH) – a subsidiary of HDFC Ltd. – has approved the accounts for the quarter…
Garners over Rs. 300 Cr. in ING PMS Quant since launch – 2 Strategies designed exclusively for HNIs
— ING Investment Management (ING IM) India introduced its latest products ‘ING India BSE-200 Quant Equity Portfolio’ in July 2009 and ‘ING India Large Cap Quant Equity Portfolio’ for HNIs in…
Kotak Mahindra Asset Management Company, one of India’s leading mutual fund houses, today announced the launch of Kotak Nifty ETF – an exchange traded fund focusing on investing in stocks that comprise the S&P CNX Nifty.
— Kotak Mahindra Asset Management Company, one of India’s leading mutual fund houses,…
The Institute for Financial Markets and India’s International Institute of Financial Markets have agreed to provide customized and innovative educational solutions to the Indian financial markets. They aim to increase the technical competence of workers entering into the financial industry, and to address educational gaps among financial industry employees.
…
But employee and employer culture and attitudes need to change
— New Year is a time for making resolutions, and many of those returning to work this week will no doubt be thinking about how they can improve their work-life balance, finds ACCA (the Association of Chartered Certified Accountants)…
Venture Infotek, India’s premier Transaction Management company, was honoured with the coveted Confederation of Indian Industry-Export Import Bank of India (CII-Exim) Bank Award 2009 for their Strong Commitment to Excel, at the 17th CII Quality Summit held in New Delhi recently.
— Venture Infotek, India’s premier Transaction Management company,…
FAMS – Financial Assets Managed Simply™ (FAMS Advisors Pvt. Ltd), announced the launch of their new Rs. 100 crore value based fund that will invest in Indian companies purely on the basis of fundamentals.
— FAMS – Financial Assets Managed Simply™ (FAMS Advisors Pvt. Ltd), announced the launch of…
Shri V.P. Iswardas is a fine banker with more than 33 years of impeccable track record and experience. Prior to this he was functioning as Chief General Manager of CSB since April 2007.
— Shri V.P. Iswardas has assumed charge as Managing Director & Chief Executive Officer of Catholic…
TimesofMoney, India’s leading digital payment service provider, is now extending the ‘NetBanking Transfers’ offering to its existing and new customers in the United Kingdom from its brand Remit2India (R2I).
— TimesofMoney, India’s leading digital payment service provider, is now extending the ‘NetBanking Transfers’ offering to its existing and new…
Infosys Technologies Ltd. and Societe Generale today announced the successful implementation of Finacle™ core banking, CRM, wealth management and consumer e-banking solution at Societe Generale Limited
— Infosys Technologies Ltd. and Société Générale today announced the successful implementation of Finacle™ core banking, CRM, wealth management and consumer e-banking solution…
Karvy is a leading stock-broker and distributor of mutual funds and serves over 1 million MF customers and more than half a million stock-broking customers who will benefit from this offering.
— Karvy is a leading stock-broker and distributor of mutual funds and serves over 1 million MF customers…
- VAT up from 15 to 17.5 per cent on 1 January 2010 – Loss of personal allowance (tax free allowance) for 40% tax payers earning over £100,000 – Higher rate tax of 50 per cent for those paid £150,000 or more
— ACCA’s head of taxation Chas Roy-Chowdhury…
The awards were presented at the ITR Asia Tax Awards Ceremony in Singapore on 24 November 2009.
— PricewaterhouseCoopers (PwC) has been named the “India Tax Firm of the Year” by International Tax Review (ITR). The awards were presented at the ITR Asia Tax Awards Ceremony in Singapore on…
 |
 |
![pr[1]](http://pr.trak.in/wp-content/uploads/2009/12/pr.JPG "pr[1]")
