Satyam Infoway picks 24.5% stake in IndiaWorld for $28m
In what is perhaps the first deal of its kind in the Internet business in India, Satyam Infoway on Monday announced the acquisition of IndiaWorld Communications for $115 million.

Domestic firms must adopt fair business practices -- Infosys chief
Indian companies will have to maintain fair business practices with respect to three specific entities customers, vendors, and government and society.

Dabhol Power pays Rs 90cr `rebate' to MSEB for lower power generation
The Dabhol Power Company (DPC) has paid around Rs 90 crore to the Maharashtra State Electricity Board (MSEB) for lower power generation between June and September.


  Maruti flags off Baleno with a Rs 6.74-lakh tag
  Murdoch eases Basu out of Star with new venture bait
  Jindal loses out as Deepak Shourie anchors Zee News
  RSP bags Rs 20-crore IOC order
  Essar, ONGC likely to begin work on Ratna offshore soon
  Index
  Compuware teams up with Indium Software
  IFB Industries shareholders clear BIFR entry
  Daewoo to ship out locally made Matiz to West
  Alstom to merge power equipment arm with self
  IOC to pick up 35 per cent stake in Iran oilfield venture