United Breweries (UB) plans to introduce two premium variants namely of its flagship Kingfisher beer namely Kingfisher Blue and Kingfisher Ultra to take on invading international brands like Carlsberg and Budweiser,

Panoramic Universal has said it will invest an additional Rs 1.3 billion, to acquire and renovate two hotels and set up a new three-star hotel in Jaipur,

Subex, a leading global provider of Operations and Business Support Systems (OSS/BSS), announced the launch of Nikira V7.0 the next version of its industry leading fraud management solution. The new version provides operators with next generation fraud management capabilities for proactive fraud management through early detection of internal and external fraud.

Kingfisher to slash 300 jobs

US soft drinks giant PepsiCo on Sunday unveiled plans to invest USD 500 million in India over the next 3 years,

Gokul Refoils and Solvent has set aside Rs 2.5 billions to put up crushing plant and edible oil refinery unit for upcoming projects in Maharashtra

Neyveli Lignite Corporation (NLC) will invest Rs 61.20 billion for setting up lignite mines and lignite-fired thermal power generation plants with capacity of around 750 mw in Rajasthan,

Nomura to acquire Lehman Brothers Asian operations

Jaipan Industries will be held on Oct. 06, 2008, to consider the issue of bonus shares and to consider the proposal for raising the equity by issue of GDR / FCCB.

Coca-Cola said on Monday it had filed an application with the Chinese government for its takeover of juice maker Huiyuan Juice Group

Reliance Industries (RIL) is likely to increase the crude production from the Krishna Godavari (KG) - D6 block in Andhra Pradesh to 20,000 barrels a day by Diwali.

Dolphin Offshore Enterprises India, provider of integrated services to the offshore oil and gas sector has baaged two orders valuing USD 16 million for charter hire of DP / DSV vessels.

Tulip Telecom bagged a contract worth Rs 950 million from Madhya Pradesh (MP) State Electronics Development Corporation.

Genpact, the country`s largest BPO firm in terms of revenue and headcount, is in the battle to buy Lehman Brothers` Mumbai-based captive back-office unit for an undisclosed sum.

Bank of Baroda is planning to open a branch in New Zealand. The Reserve Bank of New Zealand has received an application from the bank.

Goldman Sachs and Morgan Stanley -- to change their status to bank holding companies.