Infosys Technologies is looking for acquisitions in Europe and Japan. It may acquire some consulting, SAP implementation and BPO firms with deals worth $600-700 million.

Polaris Software Lab said Citigroup (Citi), which has 43% in the IT company (Polaris Software Lab), cannot sell its holdings unilaterally,

GVK Power and Infrastructure (GVKPIL) aims to raise Rs 2.4 billion for its power unit in Punjab,

Alok Industries has suspended its textile special economic zone (SEZ) project at Silvassa in Dadra & Nagar Haveli,

Cambridge Technology, today, November 21, announced that it acquired the US based Protege Software Services for a consideration of USD 11 million.

JPMorgan Chase & Co, a leading global financial services firm with assets of USD 2.3 trillion and operations in more than 60 countries, plans to cut 10% of its investment banking staff or about 3,000 employees as the economic slowdown starts to bite into its earnings

ntel, the world`s largest chipmaker, is likely to invest in the WiMax rollouts undertaken by Indian telecos

Aditya Birla Minerals, a subsidiary of Hindalco Industries, has suspended work on the Ezperanza South Project at its Mount Gordon operations in Australia.

SEBI has not found any evidence of manipulative trading in shares of ICICI Bank as the stock came under heavy selling pressure in September.

G8 must include India, China says panel

The report aims at expanding the G8, which is comprised of Britain, Canada, France, Germany, Italy, Japan, Russia and the United States, to include Brazil, China, India, Mexico and South Africa. It also proposed adding Indonesia, Turkey, Egypt or Nigeria to create a Group of 16.