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Tea companies may may get their flavour back despite drop in prices
Last year, major tea companies performed well on the back of higher prices. However, a drop in prices over the past month and a half, is threatening to put a spanner in a repeat performance. Tea......
Ranbaxy Fine set to buy Wipro Biomed
Ranbaxy Fine Chemicals is close to acquiring Wipro Biomed. Sources close to the development confirmed that a deal could be signed between the parties shortly. However, the deal size could not be......
Temasek to invest $300 mn in TV channel
Temasek Holdings, an investment arm of the Singapore government, is believed to be in talks with a clutch of Indian media professionals and business houses to set up a TV broadcasting company. The......
Ruias eye war chest for Hutch
The race for Hutchison's stake in Hutchison Essar Ltd, its Indian joint venture, is hotting up, with the Ruias believed to be looking at buying out their partners' 67 per cent equity stake - in......
American Tower in talks for industry alliance
Boston-based global telecommunications tower management company American Tower Corporation is in negotiations with Tata Teleservices, Hutchison-Essar, Aircel and Bharti for outsourcing and......
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