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Since 1st March, 1999
 
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Mallya uncorks Scotch deal
The acquisition of Glasgow-based Scotch maker Whyte & Mackay will turn Vijay Mallya’s United Spirits into the second largest spirits maker in the world with a production capacity of 75 million cases a year. ...  | Read.. 
 
Treasury stock to come in handy
United Spirits will dip into its treasury stock to part finance the Whyte & Mackay acquisition and bring down the debt c ...  | Read.. 
 
Warburg to pocket Bausch & Lomb
Eyecare company Bausch & Lomb Inc has agreed to the $3.67-billion takeover offer by Warburg Pincus. ...  | Read.. 
 
Priority to rural phone
Newly appointed communication and IT minister A. Raja today said he would consider slashing domestic roaming charges and wor ...  | Read.. 
 
Formula for rump stake sale
The government plans to sell its residual stakes in companies such as VSNL and Balco to the owners at market prices. ...  | Read.. 
 
Communications minister A. Raja in New Delhi on Wednesday. Picture by Ramakant Kushwaha


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Energy awaits cash current
The energy sector needs between $120 billion and $150 billion (about Rs 6,50,000 crore) over th..  | Read.. 
 
Godrej eyes overseas buy
Godrej Consumer Products Limited is eyeing acquisitions in West Asia and South America...  | Read.. 
 
Merger boosts Mittal Steel profit
Mittal Steel, led by NRI business tycoon Lakshmi Mittal, today reported a 43.7 per cent increase in..  | Read.. 
 
Korean firm bags Tata Power contract
Tata Power Company Ltd today signed a contract with South Korea’s Doosan Heavy Industries and ..  | Read.. 
 
Century cements base
City-based Century Plyboards India Ltd has drawn up expansion plans for its cement and plywood..  | Read.. 
 
Wockhardt bags Negma
Wockhardt today said it had completed the acquisition of French firm Negma Laboratories for $..  | Read.. 
 
Tribunal upholds Sebi ban on Ketan
The Securities Appellate Tribunal has dismissed appeals filed by associates of stock broker Ketan ..  | Read.. 
 
Export units get the stick
The comptroller and auditor general has found serious irregularities in the functioning of expo..  | Read.. 
 
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