Online edition of India's National Newspaper
Saturday, February 10, 2007
Suzlon places bid for German firm
MUMBAI: Domestic wind energy major Suzlon Energy on Friday placed a 126 euro per share bid to acquire German wind turbine manufacturer RE Power Systems. The company will acquire REpower Systems jointly with PorMartifer SGPS of Portugal. French ...
Forex reserves up $995 m
MUMBAI: India's forex reserves increased by $995 million to stand $180.047 billion during the week ended February 2 from $179.052 billion during the week ended January 26. ...
L&T in pact with EADS
MUMBAI: Larsen and Toubro (L&T) on Friday said it had entered into an alliance with European aerospace and defence group EADS to explore business opportunities in defence and aerospace. ...
MS to release mobile phone software
REDMOND: Microsoft Corp. plans to a launch its next-generation operating system for wireless devices, Windows Mobile 6. The company is expected to disclose the details on Monday. ...
ONGC, Gazprom sign co-operation pact
NEW DELHI: Oil and Natural Gas Corporation (ONGC) and the Russian gas giant, Gazprom, on Friday agreed to expand mutual cooperation in hydrocarbon and power sectors during the second meeting of their Joint Working Group (JWG). The Managing ...
Indus Fila to tap market
BANGALORE: Indus Fila Ltd, Bangalore, engaged in yarn dyeing, fabric weaving and processing and apparels, is entering the capital market on February 12 with a public issue of 48.43 lakh equity shares of Rs. 10 each through the 100 per cent ...
Syndicate Bank signs MoU with ICRA
BANGALORE: : Syndicate Bank has signed a memorandum of understanding with ICRA, a credit rating agency. The agreement is to use the services of the bank and ICRA to support the small and medium enterprises sector. These industries can now get ...
GETIT to launch integrated online products
MANGALORE: GETIT Infoservices, a new company launched by GETIT Infomediary Ltd. will soon launch fully integrated online, print and voice products. K. D. Kini, chief general manager, GETIT Infomediary, said in the first phase, this would be ...
SA plans double flights from Chennai
KOLKATA: Singapore Airlines (SA) is now planning to step up its presence in India with at least two more double flights (two flights a day) and an increased number of daily flights. Singapore Airlines' general manager, India, Foo Chai Woo, said ...
Avesthagen raises funds for expansion
CHENNAI: Avesthagen Gengraine Technologies Pvt. Ltd., a life-sciences company, has announced the successful closure of its Series `C' fundraise, totalling Rs. 667 crore. The funds will be used for the company's infrastructure expansion plans, ...
HSBC floats Unique Opportunities Fund
CHENNAI: HSBC Investments has launched HSBC Unique Opportunities Fund (HUOF), a three-year close-ended equity fund, aimed at investing in companies facing "out-of-ordinary" conditions, but with the potential for long-term capital growth. The new ...
VIA Technologies sets up SAARC hub
BANGALORE: VIA Technologies, the U.S.-based supplier of core logic chipsets, is strengthening its presence in the region by setting up a SAARC regional hub in Bangalore. The company plans to improve after-sales service to local customers and is ...
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