Fortis Healthcare is eyeing acquisitions and is in talks with more than two players in south and west India; it is hoping to close the transactions in the current financial year,

DLF is set to sign a franchisee agreement with Italian group Luxottica to retail its premium and luxury eyeware brands,

GMR Infrastructure is set to acquire a coal mine in Indonesia for close to USD 100 million,

The Federal Reserve on Wednesday, October 29, cut a key interest rate by 50 basis points (bps) in an attempt to revive an economy ailing from the most severe financial crisis in recent times.

Alok Industries announced that the board of directors of the company at its meeting held on Oct. 27, 2008, considered and approved rights issue of equity shares / convertible instruments upto Rs 3 billion.

Koffee Break Pictures announced that the committee in their meeting held on Oct. 23, 2008, re-issued 219,000 equity shares which were earlier forfeited.