Taxman has conducted search and survey operation on Lodha group which began early today, reports CNBC-TV18 quoting sources.
MindTree has launched contract pricing framework using IBM WebSphere Commerce to help business reduce eCommerce development and implementation cycles.
JMD Telefilms Inds has entered into Rs 15000 crore Mobile Value Added Services (MVAS) industry.
iGATE has agreed to come intodefinitive agreements to acquire a majority stake in Patni Computer. The transaction is valued at approximately USD 1.22 billion, including the mandatory open offer to the public shareholders of Patni. The transaction is expected to be completed in the first half of 2011.
Hindustan Dorr-Oliver has denied the news of buying a majority stake by Piramal Group in the company.
Active pharmaceutical ingredients (APIs) maker Ind-Swift Laboratories plans to raise its manufacturing capacity by 40% over the next two years as it looks to add a number of new products to its basket, its managing director said.
Cheering up the deal, experts feel that the deal is positive. Moshe Katri, MD, Cowen & Co, Rohit Kumar Anand of PINC Research and Sandip Agarwal, IT Analyst at Antique Stock Broking gave their perspective.
Artson Eng has bagged order worth Rs 32 crore for mechanical works for Bhagyam field development project at Barmer, Rajasthan on- shore oil fields.
Container Corporation of India has its Board of Directors meeting on January 18, 2011 to consider interim dividend for the FY 2010-11.
Interest rates sensitive sectors have been battered out of shape. In an exclusive interview with CNBC-TV18, K Sridharan, CFO, of Ashok Leyland talks about the auto industry and the company performance.
The government hopes to resolve an oil payment row with Iran when officials travel to Tehran this week, Oil Secretary S Sundareshan said on Monday, as New Delhi looks to balance its energy needs with its diplomatic interests.
Indian entrepreneur and businessman Nandan Nilekani is one of the most unusual icons. He believes himself to be an ‘accidental tycoon’ being at the right time, in the right place and with the right people did the trick for him, he says.
Tvs Motor as fixed Jan 27, 2011 as the 'Record Date' for purpose of interim dividend, if declared at the board meeting to be held on January 20, 2011.
Maytas Infra has changed the name of the company from “Maytas Infra” to “IL&FS Engineering and Construction Co.” with effect from January 07, 2011.
Sterlite Tech- ENCLI has achieved financial closure of Rs 700 crore Debt Syndication for its Ultra Mega Power Transmission Project.
CyberMedia and IDC to end long-standing relationship.
Subex has bagged USD 12 million Revenue Operations Center (ROC) managed services-cum-license deal from a Global Carrier.
In an interview with CNBC-TV18, CS Verma, Chairman of SAIL said the company has comfortable inventory of coking coal currently. However, he expected part of margins to be affected due to high input costs.
JSW Steel has submitted a bid for taking over the asset of integrated steel plant of Bellary Steel, informs Seshagiri Rao, Joint MD and Group CFO of the company. "We are the highest bidders in this. We have paid the amount and the balance amount will be paid as per the tender conditions,” Rao adds.
Simplex Infra has bagged order worth Rs 2128 crore in Q3.
\India's proposed new Goods and Service Tax (GST) will not be rolled out before April 2012, two years after its slated implementation date, due to continued parliamentary disruption, the Business Standard reported on Monday.
The Patni board has cleared stake sale to iGate, reports CNBC-TV18. iGate will buy Patni stake at stake at Rs 503 per share (excl non-compete fee). The company will now make a 20% open offer.
A group of private equity firms including Apollo Global Management is interested in a buyout of food and beverage company Sara Lee Corp, and has made an approach to the company, a source familiar with the situation said on Sunday.
Film and entertainment firm Reliance MediaWorks expects to add 5 to 8 percentage points to its margins by calendar year 2012, driven by its newly unveiled film studio, a top official told Reuters on Friday.
Piramal Group is close to buying a majority stake in Hind Dorr, reports CNBC-TV18 quoting sources.