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INDIA BUSINESS WORLD SEPTEMBER (16th - 30th) 2007

The Month that was ...

News & important developments from the most prospective of the New World markets... India. Our effort is to provide you with the latest and relevant developments that take place in the Indian business, economic and legal environment.

BUSINESS NEWS


PRIVATE EQUITY FUNDS PICK UP STAKE IN HYDERABAD BASED ASTER TOWER FOR $35M : US-based private equity fund, New York Life Investment, a wholly-owned subsidiary of More.......

RANBAXY ENTERS INTO AN EXCLUSIVE IN-LICENSING AGREEMENT WITH AUSTRALIAN CO SIRTEX MEDICAL TO SELL LIVER CANCER DRUG : DOMESTIC drug major Ranbaxy has entered into an exclusive in-licensing agreement with More.......

MUMBAI'S ABG SHIPYARD BAGS $210-M ESSAR CONTRACT TO BUILD 6 CARRIERS : THE Ruias-owned Essar Shipping & Logistics (ESLL) has placed a mega More.......

FIDELITY INTERNATIONAL PICKS 10% IN DELHI BASED BAG FILMS AND MEDIA COMPANY FOR RS 60 CR : FIDELITY International, a leading foreign institutional investor, has picked up More.......

WIPRO BAGS $130-M, FIVE-YEAR CONTRACT FROM BRITISH UTILITY THAMES WATER : IN ONE of the big outsourcing deals, Wipro Technologies has bagged a five-year More.......

MAURITIUS BASED INDIASTAR FUND BUYS 18.5% OF PUNJAB BASED IOL CHEMICAL FOR RS 40 CR : THE $2-billion Mauritiusbased private equity investor More.......

RUSSIAN TELECOM FIRM SISTEMA TAKES 10% IN INDIA'S SHYAM TELELINK : RUSSIAN telecom firm Sistema has finally got a foothold in India - the More.......

BHEL BAGS RS 765-CR ORDER FROM SAIL : State-run power equipment maker Bharat Heavy Electricals said it has More.......

TATA SONS BUY 14.7% OF ENGINEERING COMPANY PRAJ INDUSTRY : TATA Sons, the unlisted holding company of the Tata group, has bought 14.7% in More.......

VIJAY MALLYA PICKS 50% STAKE IN THE BEND OREGON-BASED SMALL AIRCRAFT MANUFACTURER AIRCRAFT EPIC AVIATION FOR $120 MILLION : VLJs (very light jets)-small 4-8 seater jets, that have been creating a minor flutter More.......

MERILL LYNCH AND CITIGROUP PICK 5% STAKE EACH IN MULTI COMMODITY EXCHANGE (MCX) : MERRILL Lynch and Citigroup have picked up 5% stake each in Multi Commodity More.......

SOUTH-BASED TYCOON C. SIVASANKARAN BUYS 50% STAKE IN SAHARA BOSS' RS 200-CR BOEING BUSINESS JET : You've heard of taxi sharing and car pool. But this one's unique. South-based tycoon C Sivasankaran is boarding More.......

MOSER BAER TO SET UP RS 2K CR FAB UNIT IN TAMIL NADU : In one of the big-ticket investments in Tamil Nadu, Moser Baer, India's largest More.......

RELIANCE ENERGY'S RS 3,500-CR TRANSMISSION LINES GET NOD : THE government has finally cleared the two transmission line projects More.......

HDFC ADDS TO FESTIVAL CHEER WITH 10.5% HOME LOAN FLOATER : THE country's largest housing finance company, HDFC has announced a special interest More.......

MUMBAI BASED CORE PROJECTS TO BUY 3 EDUCATION COS FOR $45 M : MUMBAI-BASED Core Projects and Technologies is acquiring three companies in the education sector More.......

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