BS Reporters In Mumbai, New Delhi

Stories by BS Reporters In Mumbai, New Delhi

Pune firm in largest-ever BPO buyout

Pune firm in largest-ever BPO buyout

Rediff.com   27 Feb 2007

HOV Services pays Rs 660 crore for US firm.

Scrap Mashelkar's patents panel: CPM

Scrap Mashelkar's patents panel: CPM

Rediff.com   23 Feb 2007

The government is under strong pressure from its Left party allies to scrap the Technical Expert Group on Patent Laws headed by R A Mashelkar, former chief of the Council for Scientific and Industrial Research.

No new prescription against heartbreaks

No new prescription against heartbreaks

Rediff.com   21 Feb 2007

On December 4 last year, the stock of the world's largest drugmaker, Pfizer, fell 10.6 per cent, wiping out more than $21 billion in market value in a single day.

Return of the natives a tonic for pharma cos

Return of the natives a tonic for pharma cos

Rediff.com   20 Feb 2007

Having moved into original research, they have attracted overseas professionals looking to come back, some nudged by MNCs' narrowing research.

Three AMC majors make India debut

Three AMC majors make India debut

Rediff.com   15 Feb 2007

Three top global asset management and investment banks - American International Group, JP Morgan Asset Management and Japan's Mitsubishi UFJ Securities today announced their India strategy, vying for a place in the second fastest growing economy in t

Focus now shifts to BPL Mobile

Focus now shifts to BPL Mobile

Rediff.com   13 Feb 2007

After the $11.1 billion winning bid by Vodafone for Hutchison, the spotlight now shifts to the Ruia-owned BPL Mobile Communications.

Birla buys US based metal major for $6 bn

Birla buys US based metal major for $6 bn

Rediff.com   12 Feb 2007

Novelis world leader in flat rolled aluminium products, customers include Coke, GM.

Four suitors bid for 67% stake in Hutch

Four suitors bid for 67% stake in Hutch

Rediff.com   10 Feb 2007

The Ruias, Anil Dhirubhai Ambani group, Hindujas and Vodafone are all believed to have put in their bids.

Alembic buys Dabur's non-oncology business

Alembic buys Dabur's non-oncology business

Rediff.com   2 Feb 2007

Dabur Pharma has sold its entire non-oncology business to Alembic for approximately Rs 167 crore

UK panel starts talks with Tata, CSN

UK panel starts talks with Tata, CSN

Rediff.com   24 Jan 2007

The UK Takeover Panel has initiated discussions with the two suitors for Anglo-Dutch steelmaker Corus Group -- Tata Steel and CSN of Brazil -- to lay down the process for selecting the winner.

Bengal drafts cross-subsidy plan for IT land

Bengal drafts cross-subsidy plan for IT land

Rediff.com   23 Jan 2007

The West Bengal government is going all out to woo investors and cross-subsidisation using proceeds from sale of land is the new mantra.

Nimbus, DD face-off in court

Nimbus, DD face-off in court

Rediff.com   23 Jan 2007

Nimbus Communications filed a petition in the Delhi high court on Monday challenging the government's uplinking guidelines that directs private channels to share live sports feed of all cricket matches held in India with national broadcaster DD.

Interim pension reform to be notified soon

Interim pension reform to be notified soon

Rediff.com   23 Jan 2007

Finance Minister P Chidambaram has announced that the government will soon notify an interim investment pattern for pension funds, pending the passage of the Pension Fund Regulatory and Development Authority Bill in Parliament.

Cabinet okays edict to scrap SLR floor

Cabinet okays edict to scrap SLR floor

Rediff.com   12 Jan 2007

Under current laws, banks are required to maintain at least 25 per cent of the deposits under SLR by investing in government securities, which no longer provide attractive returns.

Govts vying to keep land losers happy

Govts vying to keep land losers happy

Rediff.com   26 Dec 2006

The governments of Orissa, Jharkhand, Chhattisgrah and West Bengal are trying to keep the land losers happy.

Four states to take over 100,000 acres

Four states to take over 100,000 acres

Rediff.com   24 Dec 2006

Over 1,00,000 acres will be taken over by the Chhattisgarh, Jharkhand, Orissa and West Bengal governments or government agencies

PM to kick-start Iisco expansion on Sunday

PM to kick-start Iisco expansion on Sunday

Rediff.com   23 Dec 2006

A proposed Rs 9,000 crore (Rs 90 billion) greenfield modernisation and expansion programme is expected to give a fresh lease of life to Iisco Steel Plant, a unit of Steel Authority of India.

PSU banks dither on rate hike

PSU banks dither on rate hike

Rediff.com   21 Dec 2006

Public sector banks want to pass on the increasing cost of funds to borrowers across the board, but are unwilling to take the plunge right away.

Mittal may buy HPCL refinery stake

Mittal may buy HPCL refinery stake

Rediff.com   20 Dec 2006

NRI steel tycoon Lakshmi N Mittal may partner with Hindustan Petroleum Corp Ltd in the state-run firm's under-construction $3 billion refinery at Bhatinda in Punjab.

Vodafone may join race for Hutch

Vodafone may join race for Hutch

Rediff.com   20 Dec 2006

Ambani to up ante by $3 bn on Ruia's hint at larger premium.