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NTPC: Updates on equity shareholders meeting
May 24, 2013 at 16:53 | Source: Moneycontrol.com
A meeting of equity shareholder of NTPC Limited was held on May 24, 2013 for considering, and if thought fit, approving, with or without modification(s), the Scheme of Amalgamation of NTPC Hydro, a wholly Owned subsidiary of NTPC with NTPC Limited.
Fortis Health receives AUSD 270.38 mn from divestment
May 24, 2013 at 14:03 | Source: Moneycontrol.com
The Supreme Court of Victoria on May 24, 2013 approved the Scheme of Arrangement for Bupa Australia Health Pty to complete its full acquisition of Dental Corporation Holdings and consequently, Bupa will acquire 100% of the shares in Dental Corp. Fortis Healthcare International, step down subsidiary of Fortis Healthcare, will receive AUSD 270.38mn.
Wireless Seismic sells RT System 2 to West Bay Geophysical
May 24, 2013 at 13:12 | Source: Business Wire India
Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, has announced the sale of its RT System 2 seismic data acquisition system to West Bay Geophysical, Inc., a subsidiary of West Bay Exploration.
Tata Steel stock gains: How brokerages analyse Q4 earnings
May 24, 2013 at 11:15 | Source: Moneycontrol.com
Tata Steel surprised the street with its operational performance in the January-March quarter earnings. Even its subsidiary Corus turned positive on an EBITDA per tonne basis.
Crompton Q4: Analysts expect 30% fall in PAT at Rs 70 cr
May 24, 2013 at 10:17 | Source: CNBC-TV18
Crompton Greaves' fourth quarter profit after tax will fall 30.2 percent year-on-year to Rs 70 crore because of continued losses in the subsidiaries.
Sun Pharma drops 3.5% after fall in Taro margins in Q4
May 24, 2013 at 10:12 | Source: Moneycontrol.com
Taro's, a subsidiary of Sun Pharma, fourth quarter net profit grew by 4.2 percent year-on-year to USD 49.2 million and net sales rose by 13.8 percent Y-o-Y to USD 165.1 million during the quarter.

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Taliban attack international compound in Afghan capital
KABUL (Reuters) - Taliban militants launched a large-scale attack involving the United Nations in the centre of the Afghan capital Kabul on Friday, sparking a five-hour battle with security forces.A p...
May 25, 2013 at 00:45 | Source: FirstPost
Raising FDI limit key to defence sector growth: SAAB India
New Delhi, May 24: Global defence company SAAB has pitched for raising the foreign direct investment (FDI) limit in defence to 49 per cent from the current 26 per cent, if India wants to attract more...
May 25, 2013 at 00:22 | Source: The Hindu BusinessLine
Don't Tax Apple, Tax Its Shareholders
Apple Inc. Chief Executive Officer Tim Cook appeared before the Senate Permanent Subcommittee on Investigations this week to defend his company's tax record. The media has focused on how much ...
May 24, 2013 at 22:00 | Source: Bloomberg
Bharti Airtel regains top slot in rural India
Mumbai, May 24: Bharti Airtel has reclaimed top position as the largest operator in the rural sector, displacing Vodafone India, by adding 1.66 million users net. Airtel, the country’s largest ...
May 24, 2013 at 21:42 | Source: The Hindu BusinessLine
Rasi Seeds buys Bayer’s hybrid corn seed business
New Delhi, May 24: Rasi Seeds Pvt Ltd has acquired the hybrid corn seed business of Bayer BioScience in India for an undisclosed sum. The acquisition will immediately help Rasi double its share in th...
May 24, 2013 at 21:42 | Source: The Hindu BusinessLine
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