Monday, October 6, 2008

Dynamatic Technologies announced that it has acquired a UK-based aeronautic company manufacturing highly engineered components and toolings.

Fortis Healthcare is learnt to be in final stages of discussions to enter into a joint venture (JV) with Bangalore-based NU Hospitals,

Era Infra Engineering has informed that its joint venture had secured a contract worth Rs 1.3 billion.

L&T will have to pay Rs 60 billion as premium to the Gujarat government over the next 20 years,

Oil and Natural Gas Corporation (ONGC) on Saturday, October 4, said that the company is exploring the options to pick up blocks in Angola

Tata Consultancy Services (TCS) is close to acquire Citigroup`s captive BPO arm Citigroup Global Services (CGSL) for approx USD 550 million
Securities & Exchange of India (SEBI) has decided to lift curbs on the issuance of the Participatory Notes (P-Notes) by the Foreign Institutional Investors (FIIs) in a bid to revive the stock markets troubled by the global financial meltdown.

DLF, announced that the board of directors has approved a buy-back plan of its shares from the open market operations through the stock exchanges through JM Financial Consultants (P), the manager to the buy-back plan. price not exceeding Rs 600 a share payable in cash

Indian companies listed on the American stock exchanges lost close to USD 10 billion during the past week, with IT bellwether Infosys witnessing the maximum erosion of about USD 2 billion

Sadbhav Engineering today said it has received a Rs 1.65 billion order from the Greater Visakhapatnam Municipal Corp, Visakhapatnam in joint venture with GKC Projects, Hyderabad.

Thermax wins Rs 4.50 bn contract for captive power plant