Future Group, one of India`s leading retail chains, registered total sales of around Rs 1.05 billion across its outlets on a single day, i.e. Sunday, August 17. The unprecedented number of footfalls can be attributed to the ongoing promotions and special offers at Future Group`s retail chains, Big Bazaar, Pantaloons, Food Bazaar, Central, EZone, Home Town, Brand Factory, Furniture Bazaar, KB`s Fairprice, Mobile Bazaar and Aadhar,


Berger Paints India, the second largest paint producer of India, on Aug. 18, 2008 acquired Bolix S.A, of Poland, a leading provider of External Insulation Finishing Systems (EIFS), from Advent International, a global private equity group.


Spanco Telesystems & Solutions bagged Rs 700 milllion contract from Orissa government to roll out of a state wide area network (SWAN) across the state of Orissa.


Kaashyap Technologies announced that the board of directors of the company at its meeting held on Aug. 18, 2008, have allotted bonus shares. The board has allotted 63,599,273 equity shares of Re 1 each aggregating to Rs 63,599,273 as fully paid-up bonus shares to members/beneficial owners holding shares as on the record date i.e. Aug. 14, 2008.


UTV Software Communications said that IG Interactive Entertainment (`IGI`), a UK based 100% subsidiary of the company has entered into definitive agreements with True Games Interactive (`True Games`), a California based corporation for acquisition of 80% stake in True Games.


M&M inks JV pact with Yancheng Tractor, China