The Hindu : Business News : Tuesday, June 15, 2010

Online edition of India's National Newspaper Tuesday, June 15, 2010 ePaper \| Mobile/PDA Version

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RCom to demerge Reliance Infratel
Will result in largest telecom infra company

Mahindra Navistar trucks roll out of Chakan plant in Pune
Will soon launch rest of the heavy commercial vehicle range: Anand Mahindra

Maran makes open offer in SpiceJet
MUMBAI: Days after announcing acquisition of nearly 38 per cent stake in SpiceJet for about Rs.740 crore, Kalanithi Maran on Monday launched an open offer to acquire an additional 20 per cent in the no-frills carrier for Rs.57.76 a ...

NTT Data to buy Intelligroup
HYDERABAD: NTT Data Corporation, a Japan-based leading IT services company, has decided to buy the Hyderabad-based Intelligroup in an all cash tender offer. Billed as one of the biggest deals by a Japanese firm in Indian IT space, the ...

Yes Bank strengthens presence in NE

Hero Group undergoes realignment
NEW DELHI: B. M. Munjal and his sons will hold the stake as Indian promoters in the country's largest two-wheeler maker Hero Honda as part of the family settlement of $4.2-billion Hero Group. The agreement to divide the group was reached ...

NTC stores in for rebranding with Rosebys of U.K.
NEW DELHI: The rickety stores of the state-owned National Textile Corporation will reshape into swanky retail shops with the help of British home decor major Rosebys. The NTC stores, mostly in prime locations in major cities, will be ...

Kaushik Basu favours decontrol of fuel prices
NEW DELHI: Chief Economic Advisor Kaushik Basu on Monday favoured decontrolling of fuel prices, which might raise inflation in the short-term, but would actually bring down the rate of price rise in about six months. “My belief is ...

Suzuki launches two superbikes
NEW DELHI: Suzuki Motorcycle India on Monday launched two superbikes, GSX-R1000 and Bandit 1250S, priced at Rs. 12.75-lakh and Rs. 8.50-lakh respectively. “This launch is in line with our aim to deliver outstanding technology and ...

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Sensex climbs 273 points on global cues

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HCL Tech signs $110m contract with SGX
NOIDA: Singapore Exchange (SGX) and HCL Technologies have signed a five-year IT infrastructure outsourcing agreement worth $110 million (about Rs. 510 crore). Under the agreement, HCL will provide SGX with infrastructure support and management ...

Denver brand deodorants launched
CHENNAI: The Delhi-based Vanesa, manufacturer of personal care products, has launched a wide range of body spray deodorants and perfumes under Denver brand. The company is also planning to introduce skin care range of products for men in the ...

Samsung unveils new smartphone platform
BANGALORE: Samsung Electronics, a leading mobile phone provider, has launched its new smartphone platform, ‘bada', in India. The bada platform was launched at the ‘Global Developer Day' organised by Samsung Electronics in ...

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