Monthly archives: May, 2013

ThyssenKrupp meets operating targets in 1st half 2012/2013

€241 million adjusted EBIT in 2nd quarter at top end of guidance and higher quarter-on-quarter / Free cash flow significantly improved / Steel Americas: aiming to sign deal promptly – impairment of €683 million / Group initiative ACT optimizing leadership structure – savings target of €250 million and reduction of around 3,000 jobs in administrative …

14th May, 2013 : Market ends choppy session on a whimper

The equity market ended Tuesday with marginal gains after Monday’s profit booking. The indices, which opened with a positive gap, managed to build momentum in the first half of the day. However, it slipped from the day’s high after the wholesale inflation data for April trickled in. Market participants seemed to have already factored in …

Suzlon Group wins EUR 90 mn German community wind farm projects

Pune/Hamburg: REpower Systems SE, a Suzlon Group-subsidiary and leading manufacturer of onshore and offshore wind turbines, and Bürgerwindpark im Kirchspiel Medelby GmbH & Co. KG have concluded a contract over 27 wind turbines for four projects totaling approximately EUR 90 million. CEO Andreas Nauen: “We are pleased that another community project has selected REpower know-how. …

Array ADC with award winning SpeedCore™ technology helps PMC Bank to comply with Reserve Bank of India (RBI) guidelines for business continuity

PMC Bank Deploys Array’s Application Delivery Controller to Provide High Speed Connectivity for Internet and Mobile Users  BANGALORE / MUMBAI, India – May 14, 2013  Punjab Maharashtra Cooperative Bank (PMC Bank), provider of banking services to customers with utmost ease and convenience, has chosen Array Networks‘ award winning ADC and server load balancing solutions to …

Synechron launches EAPP-TO-ESIGNATURE solution framework designed around their award-winning ACORD-compliant mobile solution

Pune, May 14, 2013: Synechron, a leading provider of technology solutions for the insurance industry announced release of their EAPP-TO-ESIGNATURE solution framework designed around their award-winning ACORD-compliant mobile solution. The solution framework is designed to facilitate carriers to enable their agents and brokers to submit new business using any mobile device – enabling faster time …

EU RULES WILL PUT BUSINESS ANTI-CORRUPTION EFFORTS IN SPOTLIGHT

Transparency International EU welcomes the proposals published by the European Commission today that would require approximately 18,000 European companies to be more transparent about their efforts to combat corruption and bribery. The proposed amendment to the Accounting Directives means that companies with more than 500 employees would need to publicly disclose their anti-bribery and anti-corruption policies, as …