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Larsen & Turbo, the leading engineering and construction company, signed a joint venture with EADS Defence and Security which is the largest defence equipment maker in Europe, to target the huge Indian Defence Market. The [...]

Banks have so far not been able to reach at a conclusion regarding the treatment of mark-to-market losses (MTM) of the firm worth $300 million. The Pharma giant is searching for ways to corner its [...]

Finance Ministry is to order independent evaluation of social and developmental schemes running in the nation to make sure that expenditure being incurred is being done in wise manner. The act was found mandatory as [...]

The three ultra mega transmission projects (UMTP) worth Rs.5.650 being built by the government have ultra mega power projects as their model for development. The companies identified for placing bids are Reliance Power Transmission, Larsen [...]

Heineken and United Breweries (UB) have settled their scores regarding former’s place in UB. The beer giant, Heineken gained an entry into UB’s stake via the buying of Scottish and Newcastle’s stake. As per the [...]

Despite bringing in capital of around $900 billion, the global banking system remains short of nearly $1-2trillion for correcting the damages done by economic tsunami that left no country unharmed. The effect of the adverse [...]

Adiya Birla Nuvo recently said that a holding company for taking care of its financial services business might be structured. This category handles the functions like asset management, stock broking, Insurance and distribution. The move [...]

The trade talks at WTO are to get the needed speed after US is done with its internal review. GK Pillai, the commerce secretary said that a meeting focused on stock trading will be held [...]

Where there is a will there is a way, strong believers in the saying in these days include City Group, Metro Cruise and Shree Om Sainath. The three investment companies have been offering attractive investment [...]

Apart from the immediate need of getting India out of the present economic disturbance it is in right now, infra projects are also the ‘restructure lot in waiting’. Another area that is in the queue [...]