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  3. corporatebureau

Corporate Bureau

As Ambanis fight, MTN?s M-cap plunges to $29 bn

The share price of South Africa?s largest telco had risen to a high of 160 rands amid talks with Bharti,…

By Corporate Bureau
June 18, 2008 21:30 IST
Tech Mahindra, Microsoft enter into IPTV alliance

Tech Mahindra, India’s sixth largest software exporter, has entered into a strategic alliance with Microsoft Corp to address its SI…

By Corporate Bureau
June 18, 2008 00:36 IST
UB urges Heineken to sort out APB issue

India?s largest beer maker by sales UB, which is facing a conflict of interest with Singapore?s Asia Pacific Breweries (APB)…

By Corporate Bureau
June 18, 2008 00:06 IST
Ashok Leyland invests in group firm in Germany

Hinduja Group flagship company, Ashok Leyland Ltd on Tuesday said it had made a strategic investment in Germany-based group firm…

By Corporate Bureau
June 18, 2008 00:03 IST
MVNOs won?t be allowed to own spectrum: Trai

There will have to be a lock-in period for the MVNOs along with a security amount, which would be forfeited…

By Corporate Bureau
June 17, 2008 23:51 IST
RComm dips, RIL gains amid siblings tussle

Shares of Anil Ambani-led Reliance Communications today declined 1.52%, while Mukesh Ambani’s Reliance Industries rose nearly 1% on BSE amid…

By Corporate Bureau
June 17, 2008 23:03 IST
Linkwell develops PoS terminals for banks

The Rs 160-crore Linkwell Telesystems (P) Ltd has become the first indigenous company to develop a PoS terminal for payment…

By Corporate Bureau
June 17, 2008 02:00 IST
AP seeks entire Godavari Fert output supplied to Markfed

Owing to the demand for ?Godavari? brand fertilizer (DAP), the Andhra Pradesh government has asked the Union government to allot…

By Corporate Bureau
June 17, 2008 01:59 IST
Elgi Equipments sets up outfits in Gulf, China

The Gulf subsidiary would be a full-fledged sales and service organisation to offer prompt and speedy service deliveries with short…

By Corporate Bureau
June 17, 2008 01:53 IST
Empee to set up 5,000 TCD sugar complex in TN

Empee Sugars and Chemicals Ltd, part of the Rs 1,000-crore Empee group, is setting up a state-of-the-art, integrated sugar complex…

By Corporate Bureau
June 17, 2008 01:50 IST
JSW Steel to enter Georgian market

JSW Steel Ltd, at the company?s 14 AGM, announced its plan to set up a steel plant in Georgia, for…

By Corporate Bureau
June 17, 2008 01:25 IST
SREI to expand, to borrow Rs 9,000 cr

SREI group would borrow around Rs 9,000 crore from the market in 2008-09 for the expansion of its business, mainly…

By Corporate Bureau
June 17, 2008 01:21 IST
Lehman Brothers acquires 50% in Western Expressway

Lehman Brothers Real Estate Partners is acquiring a 50% stake in the Western Expressway for $175 million, which is being…

By Corporate Bureau
June 17, 2008 01:05 IST
DoT allows intra-circle roaming pacts

The department of telecommunications has allowed mobile operators to enter into intra-circle roaming pacts.

By Corporate Bureau
June 17, 2008 00:54 IST
Asarco: Sterlite in pause mode

Metals giant Sterlite Industries?whose $2.6-billion deal for Asarco Llc has been rivalled by a reported $4.1-billion counter offer from the…

By Corporate Bureau
June 17, 2008 00:52 IST
MTN to talk with RIL before RComm deal

South African telecom company MTN is likely to open channels with RIL before finalising a deal with Reliance Communications.

By Corporate Bureau
June 16, 2008 00:57 IST
RComm dares RIL to go legal

A day after Mukesh Ambani-led Reliance Industries Ltd advised South African telecom giant MTN to back-off from negotiations with Reliance…

By Corporate Bureau
June 15, 2008 23:51 IST
Rising freight charges worry cement makers

The cement sector seems to have been badly hit by the recent hike in fuel prices . With the increase…

By Corporate Bureau
June 14, 2008 22:35 IST
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