![]() Online edition of India's National Newspaper Tuesday, February 12, 2008 ePaper | Mobile/PDA Version |
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Reliance Power closes at discount The shares list on BSE and NSE
IT revenue to aggregate $64 bDirect employment in the sector is expected to reach nearly 2 m, says Nasscom
TCS launches Synergy ParkState Bank cuts prime lending rate Will moderate lending rates for all categories of borrowers Other Stories
Barometer Briefly Yahoo! rejects Microsoft bid NEW YORK: Global Internet major Yahoo! on Monday rejected the $44.6 billion takeover offer of software giant Microsoft, saying the bid “substantially undervalues the company, including its global brand and worldwide audience.” ... Biocon to buy major stake in German firm MUMBAI: Biotech major Biocon on Monday said it would acquire a majority stake in AxiCorp GmbH of Germany for about 30 million Euros (over Rs. 173 crore). ... mjunction to dilute stake MUMBAI: Leading e-commerce player mjunction Services, a 50:50 joint venture between Tata Steel and SAIL, is planning to dilute up to 20 per cent stake in the company to private equity players. ... 13 States to raise Rs 7,778 cr. MUMBAI: Thirteen State governments have announced to mop up Rs. 7,778.980 crore by selling ten-year development loans. While the maximum amount of Rs. 2,350 crore would be raised by Maharashtra, Uttar Pradesh is planning to sell Rs. 1,500 ... Sterlite Tech bags Ethiopian contract MUMBAI: Sterlite Technologies has bagged a $17.5 million (about Rs. 70 crore) contract from Ethiopian Electric Power Corporation (EEPCo) to manufacture and supply power transmission conductors. ... Mitsubishi forms venture with Craftsman COIMBATORE: Mitsubishi Electric Corporation, Japan, has formed a joint venture with Coimbatore-based Craftsman Automation Private Limited to establish MC Craftsman Machinery Private Ltd. According to a release, the new company, with head ... Maveric Systems launches Testac CHENNAI: Maveric Systems, an independent software testing company, has launched Testac, a proprietary intellectual property in the software testing domain. Testac will be a paradigm shift from a pure services model to an IP-based services ... Dr. Reddy’s ties up with SkyePharma HYDERABAD: Dr. Reddy’s Laboratories has entered into an agreement with SkyePharma PLC to undertake a feasibility study of a product utilising two of SkyePharma’s proprietary drug delivery systems. The cost of this study will be ... Sujana Metals’ expansion plans HYDERABAD: Sujana Metal Products, part of the Rs. 3,000-crore Sujana Group of companies, plans to increase its capacity three-fold to one million tonnes by 2010 through acquisitions and expansion. The company plans to invest Rs. 1,600 crore ... Ikya Human Capital gets equity funding CHENNAI: Ikya Human Capital Solutions, a Bangalore-based integrated HR solutions company, has received a funding of $8 million from India Equity Partners (IEP), a leading private equity fund focused on India. The company at present has 11 ... ECGC signs agreement with Central Bank CHENNAI: Export Credit Guarantee Corporation of India (ECGC) has signed a corporate agency agreement with Central Bank of India for marketing export credit insurance products through the bank’s network. The agreement was signed by H. A. ... New Chairman for Calsoft CHENNAI: California Software Company has appointed Clyde Michael Bandy as Chairman following the sudden demise of the former Chairman, Robert V. Chandran, Founder and Chairman of Chemoil. Mr. Bandy had been associated with Chemoil since August ... Read Today's supplements: Metro Plus | Education Plus | Book Review | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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