Thursday, June 26, 2008

Essar withdraws bid to buyout Esmark

Coromandel Fertilisers sets up new subsidiary in Mauritius

Pantaloon Retail raises Rs 2.25 bn from promoter group co.

Solitaire Machine Tools tied up with O.ERRE.PI an Italian machine tool manufacturer to rebuild high value grinding machine for SKF India

LG Balakrishnan & Bros rallied further on Thursday as the company agreed to sale 75% stake in its industrial chain business to UK-based Renold.


Aban Offshore has received a contract to drill 3 wells in Malaysia. The estimated revenue from the contract is USD 17 million for 90 revenue days.

Diamond Cables bags Rs 900 mn order from Rajiv Gandhi Gramin Vidyutikaran Yojna (RGGY) for Mehsana and Patan districts of Gujarat.


Sun Pharmaceutical Industries announced that a subsidiary of the company has exercised the option under its option agreement to acquire all the shares held by the controlling shareholders of Taro Pharmaceuticals Industries.

ITC Infotech is set to end its BPO equal joint venture with US-based Sitel Corporation, ITC has showed unwillingness to renew the joint venture agreement that ended in May this year.

Tata Teleservices Maharashtra (TTML) announced the launch of `Let`s Rock`, a student-friendly plan. The plan worth Rs 299 has three years validity and has attractive day and night call tariffs.


The Maharashtra state government has decided to construct the Rs 60 billion Nhava-Sewri sea link project on its own, rejecting the bids placed by Mukesh Ambani-led RIL


Electrosteel Casting to commence work in Jharkhand mine next year


ONGC expects gas production from KG basin in 2013




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