Wednesday, August 13, 2008

Reliance Retail, a division of Reliance Industries, has entered into an exclusive pan-India franchise arrangement with the UK-based Hamleys, to bring the latter`s toys to India,

Vyapar Industries announced that the board of directors of the company at its meeting held on Aug. 12, 2008, have approved to increase the present stake to 49% by a further subscription to equity shares


Mahindra Rural Housing Finance, a wholly owned subsidiary of Mahindra & Mahindra Financial Services, will sell 12.5% stake to National Housing Bank (NHB),

Voltas, an engineering projects company and a Tata Enterprise, announced entering into a definitive agreements to acquire majority stake in Rohini Industrial Electricals (RIE), a Mumbai-based company engaged in undertaking large turnkey electrical and instrumentation projects for industrial and commercial sectors, subject to customary conditions precedent.



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