HCL TECH, UTI INK IT CONTRACT : HCL Technologies has announced signing a five-year, multimillion dollar outsourcing deal with supply chain services firm UTi Worldwide....More....

SUZLON ENERGY PAYS €30 MILLION TO PORTUGAL-BASED MARTIFER FOR ITS STAKE IN A GERMANY-BASED WIND TURBINE MAKER : Suzlon Energy, India's largest wind turbine maker, has paid €30 million as part payment to Martifer SGPS SA for its stake in a Germany-based wind turbine ....... More....

SUPREME COURT DROPS PLEA AGAINST SUN PHARMA : The Supreme Court has dismissed the central excise department's plea alleging that pharma major Sun Pharmaceuticals was undervaluing its physician's..............More....

BREACH OF CONTRACT MAY FORCE CORUS TO SHUT UNIT, SLAB BUYERS CANCEL 10-YEAR PACT TO BUY 78% OF OUTPUT : TATA-OWNED steelmaker Corus has announced that it has started consultations that may force it to 'mothball' its Teesside Cast Products (TCP) plant in north-east England........ More....

H-1B VISA CAP MAY AFFECT BUSINESS: INFOSYS : Expressing concerns over the possible measures by foreign countries, especially the US, to restrict off-shoring and movement of work visa-holders.......More....

NUCLEUS SOFTWARE BAGS DEAL FROM BANK OF BAHRAIN AND KUWAIT (BBK) FOR CASH MANAGEMENT SOLUTIONS : Nucleus Software, which provides software products to banks and financial institutions, has said it has bagged a contract from Bank of Bahrain and Kuwait........... More....

SEBI CLAMPS DOWN ON SHARES BUYBACK SHAM : CAPITAL market regulator Sebi is clamping down on the practice of 'hollow' buyback offers............ More....