Panacea Biotec on Oct 1,2008 announced that the company through its wholly owned subsidiary, Kelisia Holdings has tied up with and has made an equity investment worth USD 13.1 million in PharmAthene, US.

Sistema, one of the largest public diversified corporation in Russia and the Commonwealth of Independent States will invest over USD 1.5 billion in India next year to build a pan-India telecom network on the code division multiple access (CDMA) platform,

Polaris Software up 5.32% on acquisition news The company signed an agreement to acquire US-based technology firm SEEC Inc in an all cash deal.

Bharat Sanchar Nigam (BSNL), the public sector undertaking (PSU) is soon going to launch 3G and WiMax services.

WABCO-TVS (India) got re-listed at the bourses on Wednesday, October 1.on the Bombay Stock Exchange (BSE).