Pawan Ruia-controlled Dunlop India, on Monday, November 17 called off production at its already ailing unit Shahgunj mother plant in West Bengal on account of global meltdown

GVK Power and Infrastructure (GVKPIL), an arm of the GVK group, has plans to sell 25% stake in its energy business

Pantaloon Retail India, a part of Kishore Biyani led Future Group today, announced that it had sold its entire stake in Alpha Future Airport Retail to Alpha Overseas Holdings. Alpha Future Airport Retail was a 50:50 joint venture company between Pantaloon Retail India and the Alpha Group.

Parsvnath Developers, India`s leading infrastructure and real estate developer, has announced a joint venture (JV) with Constructora SAN JOSE, a subsidiary of Grupo SAN HOSE, a leading infrastructure company in Spain.


Suzlon Energy will buy the 22.48% stake in Germany-based REpower through a combination of cash and debt. The acquisition will be completed by May next year,

Kingfisher Airlines has benched 50 trainee co-pilots asking them to stay at home till further orders. The company has offered them a monthly stipend of Rs 20,000 against their take-home salary of up to Rs 1 lakh,

The United States Food and Drugs Administration (USFDA) will have a full-fledged office in New Delhi by September 2009