Japan’s JFE to invest Rs.4,800 crore for JSW Steel stake
July 27th, 2010 - 7:20 pm ICT by IANS
Mumbai, July 27 (IANS) JSW Steel Tuesday announced that JFE Holdings, Japan's second largest steelmaker by output, would pick up 14.99 percent stake in the company for over Rs.4,800 crore (over $1 ... Read more...
Posted in Business |
Satyam names four new directors
May 22nd, 2009 - 7:21 pm ICT by IANS
New Delhi, May 22 (IANS) India's fourth largest outsourcer Saytam Computers Friday said it has appointed four more directors on its board following a Company Law Board (CLB) directive April 16.
The appointments ... Read more...
Posted in Business |
Tech Mahindra deposits funds for Satyam stake buy
April 20th, 2009 - 6:46 pm ICT by IANS
Hyderabad, April 20 (IANS) Tech Mahindra, the IT arm of auto major Mahindra and Mahindra, Monday said it has deposited the amount needed for acquiring a majority stake in the fraud-hit Satyam ... Read more...
Posted in Business |
Tech Mahindra raises Rs.600 crore to fund Satyam acquisition
April 18th, 2009 - 9:01 pm ICT by IANS
Mumbai, April 18 (IANS) IT major Tech Mahindra, which needs to pay Rs.1,756 crore for acquiring 31 percent stake in the troubled IT firm Satyam Computer Services, Saturday said it has raised ... Read more...
Posted in Business |
Satyam board says company on way to resurrection
April 13th, 2009 - 5:38 pm ICT by IANS
Mumbai, April 13 (IANS) It was with a sense of satisfaction and achievement that the six-member board of Satyam Computer Services Monday announced the virtual "rebirth" of the crisis-ridden software giant, ... Read more...
Posted in Business |
Tech Mahindra gets control of Satyam Computer Services (Lead)
April 13th, 2009 - 4:14 pm ICT by IANS
Mumbai, April 13 (IANS) Tech Mahindra, the IT arm of Mahindra and Mahindra (M&M), will be the new owner of the fraud-hit Satyam Computer Services with a controlling stake through its subsidiary ... Read more...
Posted in Business |
Ranbaxy shares fall again on US probe fears (Lead)
July 17th, 2008 - 8:36 pm ICT by IANS
New Delhi/Mumbai, July 17 (IANS) Share price of top Indian drug maker Ranbaxy Laboratories once again headed south Thursday, falling 3.87 percent or Rs.18.20 to close at Rs.452.50 on the Bombay Stock ... Read more...
Posted in Business |
Ranbaxy shares fall again on US probe fears
July 17th, 2008 - 5:11 pm ICT by IANS
New Delhi/Mumbai, July 17 (IANS) Top Indian drug maker Ranbaxy Laboratories and Japan's Daiichi Sankyo Thursday once again said their consolidation deal struck last month was "binding and final" but the company's ... Read more...
Posted in Business |
Open house on virtual mobile networks held
June 17th, 2008 - 7:54 am ICT by IANS
New Delhi, June 16 (IANS) Mobile network operators support the government's decision to introduce sub-operators, they said at an open house discussion organised by the Telecom Regulatory Authority of India (TRAI) here ... Read more...
Posted in Sci-Tech |
Sify to raise capital of 57 Million dollars to fund growth
April 14th, 2008 - 10:52 pm ICT by admin
Chennai, Apr 14 (ANI/Business Wire India): Sify Technologies limited announced today that effective March 24th, 2008, it has entered into a subscription agreement with Infinity Satcom Universal Private limited, an Indian ... Read more...
Posted in Sports |