Vijayeswari Textiles appoints new CEO

Coimbatore-based Vijayeswari Textiles Ltd has appointed VVSSB Shankar as chief executive officer (CEO) of the company. Prior to joining this company, Mr Shankar was the managing partner of Transware engaged in mergers & acquisitions, retail strategy and management consulting.

On Monday, Vijayeswari Textiles shares closed 2.18% up at Rs23 on the Bombay Stock Exchange, while the Sensex ended at 0.11% down at 17,441 points.

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Consolidated Construction Consortium bags Rs1,218 crore orders in June

Chennai-based construction service provider, Consolidated Construction Consortium Ltd (CCCL), has bagged orders worth Rs1,218 crore during June 2010.

The orders booked include power plants, metro rail, buildings and factories.

On Monday, CCCL shares closed 2.92% up at Rs91 on the Bombay Stock Exchange, while the Sensex ended at 0.11% down at 17,441 points.

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Subex completes implementation of fraud management solution for UAE telecom company

Subex Ltd, a global provider of operations and business support systems for communications service providers, has successfully completed the implementation of the revenue operations center (ROC) for fraud management for a telecommunications service provider in the United Arab Emirates.

Subex's ROC Fraud Management, is built to help communication service providers (CSPs) move towards fraud prevention by eliminating known frauds, reducing free run time, augmenting internal controls and through continuous fraud management process improvement. 

On Monday, Subex shares closed 0.80% down at Rs55 on the Bombay Stock Exchange, while the Sensex ended at 0.11% down at 17,441 points.

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