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| Tuesday, December 20, 2005 |

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Warburg cements Ambuja fortune

Warburg Pincus today sold 5.86 per cent in Gujarat Ambuja Cements (GACL) in a Rs 649-crore block deal that reaffirmed the global fund’s famed prowess in parlaying initial stock investments into a fortune. ... | Read..

Wipro buys out Austrian company

Wipro Ltd will acquire the Austria-based NewLogic in an all-cash deal worth $56 million. ... | Read..

Dissent on WTO deal

The deal at the WTO ministerial summit in Hong Kong is under attack from within the government. Ministries feel that India h ... | Read..

Stocks march to FII beat, scale new peak

Stocks soared past a new milestone today, the surge fuelled by a welter of good tidings on growth and the swelling tide of f ... | Read..

Centre speeds up Maruti stake sale

The government today invited expressions of interest from public sector financial institutions and banks for selling an 8 pe ... | Read..

Warburg cements Ambuja fortune

CPM smells scam in airport update plan
The CPM today alleged that the civil aviation ministry has decided to give away Nagpur airport to M.. | Read..

Purnendu peace offer likely today
Purnendu Chatterjee may submit his compromise proposal before the Haldia Petrochem board at a meeti.. | Read..

Sebi heat on DSQ Biotech

The Securities and Exchange Board of India (Sebi) has barred DSQ Biotech from the capital market ti.. | Read..

Visa snaps up Aussie mine

The Visa group has acquired a coal mine at Queensland in Australia... | Read..

Sponge iron makers to down shutters

Sponge iron manufacturers of the eastern region have decided to close down operations in a phas.. | Read..

Bank of Baroda in no mood to hike rates

Bank of Baroda has ruled out a hike in interest rates for the moment, chairman and managing directo.. | Read..

UTI lines up new schemes

After becoming a private company last month, UTI Mutual Fund is mulling aggressive foray with n.. | Read..

TCS inks deal with Novo Nordisk

Tata Consultancy Services Ltd (TCS) today announced that it has entered into a strategic tie-up.. | Read..

Renuka recipe to boost tourism

The ministry of tourism has requested the Planning Commission to ask all ministries to set asid.. | Read..

Khaitan focus on taxation

Khaitan and Co, one of the oldest law firms in the country headquartered here, is aggressively .. | Read..

AROUND THE GLOBE

Nestle scoops up Delta

Nestle SA is buying Delta Ice Cream for about 240 million euros ($287 million) to expand in the gro.. | Read..

Unplugged, power merger

The boards of FPL Group Inc and Constellation Energy Group Inc have approved FPL’s $11-billion.. | Read..

Unilever takes stock parity plunge

Consumer products group Unilever NV/Plc will keep its dual-listed structure but make its London- an.. | Read..

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