Larsen & Toubro Limited (L&T) in consortium with Global technology partners has secured EPC orders aggregating Rs. 3,816 crores from various customers in the metals industry. L&T in consortium with Outotec, GmbH of Germany for Pellet plant and Paul Wurth, Italia for Blast…

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Fresenius Kabi has successfully closed the acquisition of Dabur Pharma Ltd. In April 2008, the company had announced the acquisition of 73.3 % of the share capital for a price of INR 76.50 per share in cash. Fresenius Kabi has now acquired a further 17.6 % shareholding for a price of INR …

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IIP numbers to be released today.. …

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Steel Authority of India Limited (SAIL) will award Rs. 5 lakh to 25-year-old Shri Abhinav Bindra for winning India’s first gold medal in the individual shooting event at the Beijing Olympics today. “This is a great honour for our country and a matter of pride for all Indians, …

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Megamart, the retail arm of India’s largest integrated textile manufacturer and a leading branded apparel & retailer, Arvind Ltd. today announced the launch of its second ‘Megamart Outlet Centre’ in Pune, the first being in Chennai. The new look store, located a…

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Dow delivers Quarterly Sales Record, Volume Gain of Five Percent and Record Performance from Dow AgroSciences Second Quarter 2008 Highlights Sales for the second quarter set another Company record, rising 23 percent from the same period last year to $16.4 billion. Double-digit price inc…

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Zylog Systems Limited has signed an exclusive partnership with Honolulu-based Kamakura Corporation for marketing and implementing the Kamakura Risk Manager enterprise-wide risk management system for South Asia. Zylog Systems is a global software company, with a US headquarters in Edison,…

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ICSA India Ltd., which provides embedded technology solutions for the power sector, has entered into a Memorandum of Agreement with Delhi-based ECE Industries Ltd. for acquiring the entire machinery and equipment along with available drawings, design and data pertaining to the manufacture…

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The Board of Directors of M&M and PTL today unanimously approved a scheme of amalgamation of Punjab Tractors Limited (PTL), an M&M subsidiary, with Mahindra & Mahindra Ltd. Mahindra owns a majority stake in Punjab Tractors Limited and had earlier acquired 63.33% stake in PT…

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Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services today announced that it has won a large IT outsourcing contract from Spencer’s Retail Ltd. Spencer’s Retail Limited, a part of the Rs 13500 cror…

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