Prime Focus has bagged the approval from the Bombay High Court on November 28, 2008 to carry out the Scheme of Arrangement between Prime Focus, Store media Technologies, and their respective shareholders and creditors for the merger and transfer of business of Store media Technologies to Prime Focus.

The overall income of the company in the said period has gone up by 59% December 03, 2008

The domestic market may kick start the day on a positive note after yesterday’s last hour disguise, though the mood is expected to remain guarded.

The domestic market bounced back towards the end of the day with initial losses. The rupee hit a record low of 50.65 per dollar, raising alarm for more foreign fund outflows.

Bharat Heavy Electricals (BHEL) tentatively plans to join hands with Japan’s Toshiba Corp through a memorandum of understanding (MoU) to acquire technology for high-quality transmission equipment and offer turnkey services in constructing transmission plants.
Toshiba will hold an equity stake in the joint venture company. Soon after the tie-up, BHEL would be able to manufacture high-powered [...]

State Bank of India (SBI) plans to recruit approximately 4,280 clerical employees for its banks like State Bank of Bikaner and Jaipur, State Bank of Indore and State Bank of Mysore, State Bank of Hyderabad, State Bank of Patiala and State Bank of Travancore.
State Bank of Hyderabad, State Bank of Patiala and State Bank of [...]

International design studios, Tata Elxsi has launched a new Design Studio in UK based in Milton Keynes.
The design studio aims at providing high value services like product design, packaging design, graphic design and design realization services.
The move would be a major breakthrough in the technology world, which focuses on meeting the demands of current active [...]

National Mineral Development Corporation (NMDC), a government iron-ore has reported that ore shipments would take a backseat this week (Dec 2-9) due to the Naxalites.
It’s a foundation week held for the People’s Liberation Guerrilla Army (PLGA), which is going to be conducted near the mines. There will not be any trains available during the event [...]

Now IndiGo, one of the low-budget airlines is all set to take a step forward by launching new flights from cities like Delhi, Mumbai, Hyderabad, Chennai, Jaipur and Ahmedabad.
It would be a major breakthrough as the airline plans to operate 121 daily flights and also seven daily services on the busy Mumbai-Delhi route.
Irrespective of the [...]

Honda Siel Cars India has drawn buyers by 15% in the last month. The sales figure has gone up drastically with 5,090 units in November, which looks much more promising than 4,425 units last year.
City, Civic and the SUV–CR-V sold 4,539 units, 462 units and 186 units respectively.
However, company’s overall sales have dropped to 50,468 [...]