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ITC
ready to offer distribution backbone to third parties
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Tobacco and cigarettes major
ITC Ltd, which also has made flourishing businesses of hotels,
printing & packaging, paper boards and specialty papers,
is eyeing another line of business that will leverage its enormous
marketing and distribution network. |
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Sterlite
Optical announces buyback plan |
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The board of Sterlite Optical
Technologies Ltd has announced an open offer to purchase fully
paid equity shares of Rs 5 each of the company at a price not
exceeding Rs 250 per equity share. |
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Carrier
Corp hikes stake in Indian arm to 86 per cent |
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Carrier Corporation has increased
its stake in Carrier Aircon to 86 per cent from 51 per cent
following the completion of its open offer to buy 49 per cent
stake in the Indian venture at Rs 100 per share. |
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Intel
chief opens facility at Infosys city |
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CHIP major Intel Corporation
has set up the Infosys-Intel e-Business Solutions Lab at Infosys
City, which was inaugurated by the corporation’s president and
CEO Craig Barret who is on a two-day visit to Bangalore. |
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