Friday, September 5, 2008

Oil and Natural Gas Corp (ONGC) is in discussions to acquire Canada`s Tanganyika Oil Co for about USD 1.2-1.5 billion,


Wipro chairman Azim Premji has purchased a 10% equity stake in retail chain Subhiksha Trading for Rs 2.30 billion,

Bharti Airtel on Thursday, September 04, announced its collaboration with US-based computer maker Hewlett-Packard (HP) to promote broadband and computer penetration in the country.

Gitanjali Gems signs MoU with MMTC

Patel Engineering is close to acquiring a mid-sized coal mine in Indonesia for Rs 1 billion .The mine will be used for the company`s proposed 1,200-mw power plant in Gujarat.

NTPC inks JV with NHPC, PFC & TCS to set up power exchange at national level. It will be registered as a public limited company.


Dr Reddy`s Laboratories, announced a licensing and distribution agreement with Cosmederm Technologies, a US-based specialty pharmaceutical company focused on dermatology and aesthetic medicine.

Czech automaker Skoda has plans to launch eight models in next five years to make India amongst the top-five of its global markets

Tata Power Company, India`s largest integrated private power company, today announced its decision to acquire a 10% stake in Geodynamics, Australia.


Private insurance-provider Max India has stepped into an agreement with the UK-based British United Provident Fund (Bupa) to set up a standalone health insurance company

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