Company Updates

SpiceJet to take call on funding in a fortnight

Global investment banking and securities firm Goldman Sachs has expressed interest in acquiring equity in Delhi-based SpiceJet.

Germany's GfK dumps merger plan, bids for Britain's TNS

Nuremberg, Germany  - A European takeover fight turned fierce Wednesday, with the German market-information company GfK announcing it would make a cash bid for its British rival Turner Nelson Sofre

Dr. Reddy inks global distribution pact with US-based Albemade Corporation

Dr. Reddy

Kingfisher, SpiceJet near share swap deal

Indian aviation industry is facing losses due to cut-throat
competition and rising fuel prices. The total loss faced by Indian airlines is

Tyfone signs pact with Satyam for mobile financial services

Oregon-based Tyfone has reportedly signed an alliance with India’s software exporter Satyam Computers for mobile financial services.

NTPC-Bhel JV to invest Rs 6,000 cr in new unit

The National Thermal Power Corporation Ltd (NTPC) and Bharat Heavy Electricals Ltd (BHEL), jointly plan to invest Rs 6,000 crore in the greenfield projects to set up a power plant equipment by 2013

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