INDIA BUSINESS WORLD - 1st JANUARY - TO - 15th JANUARY - 2009
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
ICICI LOANS CHEAPER BY 50 BPS : THE new year has begun on a positive note for home loan borrowers.......More....
LIC HOUSING SLASHES LENDING RATES BY 75 BPS : LIC Housing Finance (LICHF) has announced a reduction of 75 basis points in interest rates for existing home loans....... More....
SUZLON ENERGY SELLS 10% STAKE IN HANSEN TRANSMISSIONS TO UK’S INVESTMENT FIRM ECOFIN : SUZLON Energy has sold 10% of its equity stake in Hansen Transmissions to investment firm Ecofin, a move that is part of the Tulsi Tanti...........More....
PARLE TRADEMARK WAR IN CHAUHAN FAMILY RAGES ON DESPITE COURT RULING : ABITTER legal battle between two branches of the Chauhan family controlled Parle Group shows no signs of abating after one faction threatened to challenge....... More....
BCCL PICKS UP STAKE IN PRIKNIT RETAILS : BENNETT, Coleman & Co Ltd (BCCL) has acquired a stake in Priknit Retails, which sells garments under the Priknit brand........More....
SATYAM OUT, HCL BECOMES THE FOURTH-LARGEST INDIAN IT SERVICES FIRM BY REVENUES : TWITH Satyam’s disclosure of falsifying revenue figures, HCL Technologies becomes the fourth-largest Indian IT services firm by revenues........ More....
TCS BAGS SATYAM'S WORLD BANK PROJECTS : In an unusually delayed disclosure; the World Bank said it has awarded Tata Consultancy Services a chunk of the projects that were earlier given to Satyam Computer....... More....
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