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Areva T&D bags order from Hindalco
French power equipment maker Areva"s Indian arm, Areva T&D, today said it has bagged an order from aluminium major Hindalco for erecting 440 kilo volt (Kv) substations at its plants in Singrauli (Madhya Pradesh) and Sambalpur (Orissa).

Saksoft sets Rs 240 cr target
Saksoft Limited, a Chennai-based software services company with focus on the banking, financial services and insurance (BFSI) segment, is planning to double its revenues by the end of the 2011-12 financial year, from last year’s Rs 120 crore, through the organic growth route.

News of the day

Academicians meet to discuss Yash Pal Committee report
A large number of academicians, including principals and vice-chancellors of various colleges and universities, met here today to discuss the Yash Pal Committee report on higher education, according to Pankaj Chandra, director of Indian Institute of Management, Bangalore (IIM-B).
Management

Opto Circuits' US arm signs multi-year supply contract with US firm

Bangalore-based maker of medical diagnostic equipment, Opto Circuits (India) Ltd (OCI), today announced that its US-based subsidiary, Criticare Systems Inc (CSI), has forged a multi-year original equipment manufacturing contract with another US company to privately label its anaesthesia monitor for the US firm. - Lunch with BS: Anand Burman">Lunch with BS: Anand Burman - Wockhardt hospitals to get re-branded as Fortis group - "Healthcare opportunities not fully explored" - US beckons Indian IT giants - Fortis receives Sebi nod Rs 997 cr rights issue - Criticare Systems enters into agreement with European firm The agreement leverages CSI"s anaesthesia gas monitoring technology in applications that involve the calibration and maintenance of anaesthesia equipment in some of the hospitals in the United States. CSI is an international medical device company that develops, manufactures and markets patient monitoring and anaesthetic gas analysis products. Opto Circuits acquired CSI in April 2008.


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