ICSA may acquire strategic companies in the US and Europe so as to enter into the energy audit market

Hindustan Zinc cut lead product prices by Rs 5,800 a ton to Rs 98,400, while zinc prices have been reduced by Rs 4,000 a ton to Rs 99,900

Bombay Dyeing sells DMT plant

Reliance Industries (RIL) and Standard Chartered bank may bid for a strategic stake in IFCI

Linde Group of Germany will invest around Euro 1 billion in its Indian subsidiary BOC India to fund domestic growth plans

stock news

Glenmark Pharma gets ANDA for three products

Reliance Power disappoints yet again, stock tumbles. The company went 3:5 ex-bonus today.

Cadila Healthcare acquires Spanish firm 100% stake in Laboratorios Combix.

Kesoram starts production in tyre greenfield project

IOC postpones petrochemical project at Paradeep

Gujarat State Petroleum Corp plans to erect five million tons a year liquefied natural gas (LNG) terminal at the Mundra port by 2013

Indoco eyes Rs 70 mn revenues from oncology mkt

TCS lines up Rs 19 bn capex for FY09

Gujarat Industries Power Company is expected to start work on the 500 mw lignite-based power plant in three to four months, in Surat

Lehman Brothers is set to invest Rs 15 billion for acquiring substantial stake in Unitech`s joint venture for a project in Santacruz The company is in the final stages of signing the deal.

L&T to enter into shipbuilding biz .with an initial investment of Rs 20 billion or USD 468 million, next year

Infosys will invest Rs 5 billion in Orissa for setting up an SEZ in IT and ITeS sectors and take care of children`s mid-day-meal scheme and healthcare services

india stock news

Accurate Transformers secure orders worth Rs 490 mn

Business class airfare increases across Asia Pacific

Gokul Refoils to list on June 4

Cinemax India to enter into films production, distribution biz

Fame India opens seventh screen at Fame Inorbit, Mumbai

Aurobindo Pharma jumps 5.22% on receiving USFDA nod

AIA Engineering board to consider stock split

PTC India is planning to raise USD 500 million to meet its growing requirements

Lupin receives USFDA nod for Topiramate tablets

GDP growth at 9% on better agri growth

Hanung Toys & Textiles is close to acquiring a USD 20 million US-based home furnishing marketing company

India's economic

India's economic growth held at the weakest pace since 2005 as the highest interest rates in six years discouraged consumer spending and investment.

BHP

BHP Billiton Ltd., the world's largest mining company, notified European Union regulators of its plan to buy Rio Tinto Group, triggering an antitrust review of the hostile takeover

European inflation

European inflation accelerated faster than economists forecast this month as oil prices jumped to a record, adding to what European Central Bank President Jean-Claude Trichet has called policy makers' ``biggest challenge.''

Hyundai acquire

Hyundai Heavy Industries Co., South Korea's third-biggest company by market value, agreed to acquire stakes in two CJ Group financial units to help manage a cash pile of more than 6 trillion won ($5.8 billion).

US CRUDE

The U.S. Commodity Futures Trading Commission, the watchdog for commodity transactions, is investigating U.S. crude oil trading to determine whether market prices are being manipulated

Germany

Retail sales in Germany, Europe's largest economy, unexpectedly dropped for a second consecutive month in April as faster inflation left consumers with less money

japan economy slow

Japan’s industrial production fell, while unemployment rose and pressure from higher energy costs kept consumer prices near decade-high levels, adding to evidence that the world’s second-largest economy is slowing down.

japan economy

Japan's economy shows fresh signs of deterioration as unemployment rate rises to 4 percent

US FED

Bernanke-led central bank now expected to return key interest rate to 2.25% by late October as positive economic news grows