Real

After getting over with the ‘Satyam capturing act’, Tech Mahindra has another job ready for it. This one is concerned with review of the bid it put for having the outsourcing wing of BSNL (Bharat [...]

Mukesh Ambani led Reliance Industries Limited stated a ‘full stop’ on the ‘export status’ of its Jamnagar refinery. This decision will lead to revival of Reliance’s 1432 petrol pumps that were wrapped up. Also, selling [...]

FY 2009 saw several companies making cash calls to existing investors for accumulating the needed capital. This was because of economic downslide that extinguished the desire for new issues together with overseas options too dying [...]

Merger and Acquisition segment witnessed five major deals worth nearly $26.7 bn on 20 April. No single day has seen such number of deals after 13 October 2008 when 10 deals came up. The discovery [...]

Adani Group has brought down its target for the power plant from 9,900MW to 6,600MW. A similar effect on its fund raising amount is also visible. The company now intends to gather Rs.2000cr instead of [...]

Elder Health Care, the Rs.560cr FMCG division of Elder Group is looking forward to buying two Indian Brands. The targets are from the Oral Care and Body care segments. The step will help Elder Care [...]

Foreign firms eyeing India for collecting funds via IDRs (Indian Depository Receipts) will be asked to reveal more regarding their financial position. This is an attempt from the government to protect Indian markets from the [...]

ICICI, the largest private sector bank of the country on Saturday posted a profit of Rs 744 crore for the fourth quarter, a fall of 35 percent from Rs 1149.8 crore reported a year earlier. [...]

Bharti Airtel, declared it posted a 21 percent rise in net profits for the fourth quarter due to the shift in its focus on high-end and rural callers. The company benefited majorly as the rivals [...]