MUMBAI: Aditya Birla Nuvo Ltd on Tuesday said that it has acquired over 3.5 million equity shares in its subsidiary Birla Sun Life Distribution Co (BSDL). The shares were acquired from Canada-based Sun Life (India) Distribution Investments Inc. …

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Telecom -DoT may look into segment wise revenues of Bharti, Idea, Aircell among others: Sources -Telecom companies booking higher revenues under long distance as it attracts lower license fee: DoT -Alert: DoT already conducting similar audit of Reliance Communication: Sources. …

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NEW YORK: Indian shares listed on American bourses saw their total market capitalisation swelling by a whopping nearly $10 billion so far this month, with IT major Wipro accounting for about a fourth of the total gains. …

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B K Modi-promoted Spice Corporation today said it is withdrawing from bidding “for the moment” for Satyam Computer alleging non-transparency, multiple short-listing process and lack of clarity in the selection criteria.A senior company official said, “It is withdrawing f…

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New York: Indian software major Infosys Technologies Ltd expects to find acquisition opportunities in the US during the downturn, co-chairman Nandan Nilekani was quoted as saying on Friday. …

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The company was launched as a subsidiary of S Kumars and was later demerged as a separate entity. Brand House Retail Limited (BRHL), a subsidiary of S Kumars Nationwide Limited started trading on the exchanges on Friday. The company was launched as a subsidiary of S Kumars and was later d…

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Here are stocks that are expected to remain in news today: Satyam – Exclusive -Sources say Spice Corp may send fresh letter to Satyam board -Spice Corp will start due diligence once Satyam replies to queries: Sources. …

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Akruti City tanked heavily today. The stock from a hgih of Rs 1,948, nose-dived to a low of Rs 670 – down 65.6% from the day’s high.The stock eventually ended with a huge loss of 55% at Rs 819. The counter witnessed relatively huge volumes of around 42.55 lakh shares on the BS…

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Here are stocks that are expected to remain in news today: Satyam – Exclusive -Satyam due diligence process begins, to continue till April 4; financial bids have to be submitted by April 9. …

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Satyam -Sources say: Company paid arrears to eligible employees between February 23-24 -Company says submitted letters to SEBI, US SEC detailing bidding process. …

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