Monday, November 19, 2012

Corporate News 19-11-2012

Corporate News
Srei Infrastructure has received the Certificate of Registration for floating Srei Mutual Fund (Infrastructure Devel-opment Fund) from the Securities and Exchange Board of India.

BHEL is believed to have emerged as the lowest bidder for supplying equipment for a 1,320 MW thermal power project to be set up in Odisha.

GMR Infrastructure said it had pending receivables of Rs 2,000 crore. Of this, two entities — Air India and Tamil Nadu government —owed the firm Rs 1,450 crore.

HCL Technologies (HCL) has been ranked as a market leader for Enterprise Mobility and Cloud Services by Zinnov, a leading globalization and market expansion advisory firm.

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