Piramal Group`s healthcare private equity fund is in talks to pick up a sizable stake in Trichy-based Kaveri Medical Centre (KMC), a 400-bed hospital, for around Rs 1 billion,

Tata Motors, which has announced a three-day block closure of its commercial vehicles unit at Pimpri plant, has not taken a final decision on another shutdown from December 23 to December 30,

Ashok Leyland has cut down its production by 59% to 1,491 vehicles in November 2008 from 3,609 in the previous month (October 2008) and 7,041 in November 2007,

State Bank of India, plans to raise at least Rs 20 billion through an issue of upper tier-II subordinated debt this month

Power Finance Corporation (PFC) will raise more than Rs 40 billion from the debt market by March 2009,