India Business

Providence Equity Invests US$ 640 Million In Aditya Birla Telecom

Gaurav Mehra 24 May 2008

The US-based private equity firm Providence Equity Partners has infused an investment of around $640 million (Rs 2,560 crore) for picking up 20% stake in Idea’s wholly-owned subsidiary, Aditya Birl

ABG Infralogistics Inks Pact With Louis Dreyfrus For The Setup Of JVC

Keshav Seth 24 May 2008

Mumbai-based, ABG Infralogistics has informed that its board of directors at its meeting held on May 22, 2008, has entered into a shareholder`s agreement with Louis Dreyfrus Armateurs SAS, France t

MCX IPO Gets Highest Rating Of 5/5 From CRISIL

Gaurav Mehra 24 May 2008

Rating agency Crisil has assigned highest rating grade of 5/5 to the initial public offering of Multi-commodity Exchange of India (MCX), the country's largest commodity exchange.

Tonira Pharma Gets USFDA Nod For Its Drug Manufacturing Unit In Vadodara

Piyush Diwan 24 May 2008

Vadodara-based, Tonira Pharma Ltd has finally received the U.S. Food and Drug Administration approval for its drug making unit in Vadodara.

Bajaj Auto Q4 Net At Rs 120 Cr; Sees Flat Sales

Sumeet Kak 23 May 2008

Bajaj Auto has announced the results for the year and the three months Kevin D'sa, V-P (finance), Bajaj Auto

Aditya Birla Group To Invest Rs 80,000 Cr In Orissa By Next Few Years

Keshav Seth 23 May 2008

Aditya Birla Group has decided to invest around Rs 75,000-80,000 crore in

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