IT Update
Star TV picks 15% stake in ITspace.com Star TV has picked up 15% equity in the Microland-promoted technology portal ITSpace.com at an undisclosed price. HDFC buys Hometrust, picks 26% in Gruh Finance HDFC has acquired the entire shareholding of Hometrust Housing Finance Company, a 100% subsidiary of Gujarat Ambuja Cements and has also acquired 26% additional stake in Gruh Finance. VSNL defers bonus issue In an unprecedented move, Videsh Sanchar Nigam Ltd (VSNL) has decided to defer its bonus issue. However, the company on Tuesday announced a final payout of 80% (60% interim) for the last fiscal. Indian Oil employees give sops-laced golden goodbye scheme cold-shoulder Barely 1,000-and-odd employees of Indian Oil Corporation (IOC) have applied for the one-time voluntary separation scheme (OVSS) which closes on June 30. BHEL plans golden goodbye for select staff The Bharat Heavy Electricals (BHEL) board is considering a proposal to launch a voluntary retirement scheme (VRS) for "select" employees.
Star TV picks 15% stake in ITspace.com
HDFC buys Hometrust, picks 26% in Gruh Finance
VSNL defers bonus issue
Indian Oil employees give sops-laced golden goodbye scheme cold-shoulder
BHEL plans golden goodbye for select staff