The Walt Disney Company has finally completed an investment of Rs 118 crore, for picking a 15% stake in UTV Global Broadcasting (UGBL), the broadcasting arm of UTV Software Communications.

Under the arrangement, UGBL has allocated 3,00,000 equity shares to The Walt Disney Company (Southeast Asia) Pte Ltd. Earlier, Disney had raised its stake in UTV Software Communications to 32% from 14%

Apart from this, UGBL has also allotted 15 lakh equity shares of Rs 10 each, making it subsidiary of UTV Software.

ICSA, a Hyderabad-based solution provider has

Gujarat based company Deep Industries Ltd has secured an order worth Rs 10.30

Zylog Systems Limited has inked an exclusive partnership with Honolulu-based

The Supreme Court has finally cleared South Korean steel major Posco's plans to set up a Rs 51,000 crore mega steel plant and captive minor port in Paradeep, Orissa.

A special environmental bench headed by Chief Justice K G Balakrishnan allowed Posco India Pvt Ltd, a subsidiary of Korea-based Posco, to go ahead with the project.

With this order, the apex court has also cleared forest diversion proposal for the plant site which require 1253.225 hectares of forest land.

Heavy engineering major Bharat Heavy Electricals Ltd.