India's biggest drugmaker Ranbaxy on Thursday acquired the 10th largest generic company in Belgium, Ethimed NV, for an undisclosed sum, a day after it shelled out $324 million to buy Terapia in Romania.
Images from Day 1 of the pink-ball first Test between Australia and India, in Adelaide, on Thursday.
Xerox Corporation will acquire outsourcing entity Affiliated Computer Services for about $6.4 billion in a cash and stock deal.
All the three companies, which dominate India's mobile services market with about 53 per cent share, have reduced the quantum of Internet download and/or validity periods on various packages they were offering, as per their websites.
Financier Bernard Madoff, in jail now, had shelled out nearly $ 1 million towards lobbying and in campaign contributions, of which a large part went to the Democrats, a US research group has said.
With the public sector non-life insurers rationally pricing risks, discounts on property insurance has come down by 20-25 per cent.
According to the survey conducted by global consultancy firm The Nielsen Company, nine out of 10 Indians believe that free content on the Internet should remain free in the future.
A senior NIA official claimed that one of the four terrorists involved in the attack on the army camp in Handwara managed to flee.
Reliance Industries has regained the top slot among Indian energy companies on the Platts global list
Twenty years ago, over 50 days in the summer of 1999, the Indian Army fought some of the toughest battles in the annals of military history to evict the Pakistan army from Kargil. The battle to recapture Tiger Hill was a major turning point in the Operation Vijay campaign, points out Brigadier Gurmeet Kanwal (retd).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
Major Indian automobile companies like Tata Motors, Bajaj Auto and Mahindra & Mahindra seem to have put up a robust performance in Q3 FY 10, paying advance tax of Rs 100 crore (Rs 1 billion), Rs 320 crore (Rs 3.2 billion) and Rs 195 crore (Rs 1.95 billion), respectively.
Volkswagen's emissions scandal is fueling investor fears about the environment.
Trai's regulatory intervention was supposed to stimulate the market, but the latest order seems quite on the contrary, asks Nivedita Mookerji.
The government's plan to cut the corporation tax rate while phasing out exemptions may be sound, but it may not mean a reduced tax burden for India Inc.
Reliance Industries will sell 20 per cent stake in its oil and chemicals business to Saudi oil giant Aramco for about $ 15 billion and nearly half of its fuel retail business to BP of UK for Rs 7,000 crore. Aramco, the world's biggest crude exporter, will also supply Reliance's twin-refineries at Jamnagar in Gujarat with 7,00,000 barrels of oil a day on a long-term basis, Ambani said.
After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax
The jettisoning of the Fringe Benefit Tax opens a can of. . . questions, mainly, says Ameet N Patel.
The Board of Control for Cricket in India is set to pay a huge compensation of more than Rs 800 crore to disbanded Indian Premier League franchise Kochi Tuskers Kerala for terminating their contract in 2011.
"Fresh tension brewed up at Basirhat town and station area after the communal clashes in Baduria in the district. Police had to resort to cane charge and teargas shells to disperse unruly crowd," a senior police officer said.
OVL, along with global oil majors such as Royal Dutch Shell, ExxonMobil, Chevron, ConocoPhillips, British Petroleum, Total and China National Petroleum Corporation, is one of the 35 companies short-listed by the Iraqi government for the auction, which includes six oil-producing blocks with recoverable reserves of 40 billion barrels of oil, making it the largest such auction in the world.
Despite flooding the market with energy efficient and innovative products to lure consumers, the unprecedented increase in steel prices have forced the companies to pass on the burden to customer, who is already shelling out more for essential commodities. Samsung India Deputy MD R Zutshi told PTI that based on the input cost pressure linked with the hike in steel prices the company has already increased the prices of refrigerators by 2-3 per cent in March.
ONGC Videsh Ltd (OVL) on Wednesday said its $5 billion bid to buy a stake in Kazakhastan's biggest oilfield has been blocked by the central Asian nation.
Corporate India will have to shell out an additional Rs 21,000 crore (Rs 210 billion) if the 2010-11 Budget increases the excise duty by 2 per cent.
Buying LinkedIn means Microsoft will control the best-known network.
Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani in developing a 5 million tonnes a year import facility at Dhamra in Odisha. The two will also set up a joint venture to roll out a fuel retail network of 1,500 outlets, mostly on highways, in the next 10 years, Adani and Total said in a joint statement.
News of all that's transpired on and off the football field
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
Since May 1, the dynamic fuel pricing model has been applied on a pilot basis in 5 cities
UAE-based telecommunication services provider Emirates Telecommunications Corporation has pulled out of negotiations to acquire a stake in Indian wireless telephony service provider Spice Communications, citing high valuation. Separately, the promoters were expecting a deal to be signed in the next couple of days.
Nearly 150 companies visited the campus this year.
Dissident Aam Aadmi Party leaders Yogendra Yadav and Prashant Bhushan on Monday hit back at the party leadership, claiming that it indulged in "gross violation" of the constitution and accusing national disciplinary committee members Pankaj Gupta and Ashish Khetan of accepting donations from dubious companies and doing a 'paid news' story favouring a company.
The company had started test runs for engines at its Pune facility in September after it work was stopped indefinitely at its Singur plant from August 29, leading to the abandoning of the Singur project site on October 3.
A lot of the factors towards which the government has pointed to justify its moves on Jammu and Kashmir are in fact valid. Only, most of them have little to do with Article 370, says David Devadas.
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