Jindal Power (JPL), a subsidiary of Jindal Steel & Power, on Sep. 05, 2008 has commissioned fourth power generating unit of 250 mw.


Essel Propack (EPL) today announced an acquisition of Minneapolis (US) based company `Medical Engineering & Design` (MED), a supplier of specialized disposable Medical Devices. EPL has acquired 74% equity of MED in an all cash deal through its US subsidiary - Tacpro.

Shares of Fannie Mae and Freddie Mac slumped during Friday's evening trading session on concerns a possible government bailout of the mortgage giants might wipe out equity holders.