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Polaris inks pact with American International Group

New Delhi, Aug 5: Polaris Software Lab Ltd on Tuesday, Aug 4 said it has signed a professional services agreement with American International Group (AIG) Global Services to provide software services to AIG and all its affiliates globally.

''Polaris will be providing IT services to AIG, the parent company and all its affiliated companies around the globe. In the connection with this transaction, Polaris has sold its minority interest in AIG Systems Solutions Pvt Ltd (AIGSS) to a subsidiary of AIGSS,'' AIGSS President David Grubman said in a statement. However, the size of the deal was not disclosed. In 2002, Polaris entered into an agreement to set up AIGSS, through which it had to route all its services to the AIG Group.



UNI

Assam Company commences oil delivery from Amguri field

New Delhi, Feb 22 (UNI) Assam Company Ltd (ACL) has begun delivery of oil from its operated field in Amguri to Indian Oil Corporation Ltd (IOCL) refinery in Guwahati, Assam, about 115 km away. The oil is being sold at the same price as a basket of crude oils with similar characteristics traded in the international market, a company release here said. The oil produced from Amguri is first trucked to Oil India Ltd (OIL) facility at Moran.....
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