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Foreign funds chase DLF
India’s biggest initial public offering — floated by real estate developer DLF Ltd — opened today and quickly notched up 78 per cent subscription by the close of the day. ...  | Read.. 
 
Tatas cool to PK Mittal’s Bangla deal
The Tatas aren’t battening down their investment hatch in Dhaka and seem to be unfazed by the PK Mittal group signi ...  | Read.. 
 
India, Russia plan trade pact
India and Russia will work on an economic co-operation agreement to increase bilateral trade by slashing customs tariffs and ...  | Read.. 
 
SCI prepares to invest $4bn
The Shipping Corporation of India (SCI) is planning to invest $4 billion to acquire 72 vessels over the next five years. ...  | Read.. 
 
Walt Disney, Yash Raj in toon tango
India’s most commercially successful production banner, Yash Raj Films, is all set to become a back office for Walt ...  | Read.. 
 
A man rides past a DLF hoarding in Gurgaon on Monday. (Reuters)


 Press Releases
 
India, Brazil warn US
India and Brazil today challenged the US to offer “real” cuts in the amount of subsidies ..  | Read.. 
 
Cognizant on expansion drive
Cognizant Technology Solutions plans to add over 30 lakh sq ft of office space across the country t..  | Read.. 
 
East high on Toyota radar
Toyota Kirloskar Motor expects the east to contribute 14 per cent to its national turnover, up ..  | Read.. 
 
L&T Infotech to invest Rs 1000cr in three years
&t Infotech, the it arm of Larsen & Toubro, will invest about Rs 1,000 crore on expansion i..  | Read.. 
 
Trade with China up 54%
Trade between India and China rose 53.7 per cent to $14.2 billion during the first five months of t..  | Read.. 
 
DoT to step up spectrum demand
The first group of minister’s meeting on spectrum on June 13 will discuss the DoT’s deman..  | Read.. 
 
HPCL plans deal with trio
The Hindustan Petroleum Corporation Ltd plans to team up with Total of France, Kuwait Petroleum and..  | Read.. 
 
Maruti dishes out discount spread
Maruti Udyog is offering discounts of Rs 5,000 to Rs 35,000 on several models for the next five day..  | Read.. 
 
Life insurers gear up for health cover
Bajaj Allianz Life Insurance Company today launched Care First, a standalone health insurance produ..  | Read.. 
 
Core sector growth flat
Core industries have registered a flat growth of 7.4 per cent in April compared with the same perio..  | Read.. 
 
Strides acquires Grandix
Strides Arcolab has acquired Chennai-based Grandix Pharmaceuticals for an enterprise value of Rs 10..  | Read.. 
 
AROUND THE GLOBE
Strategy chief of EADS puts in his papers
One of the top executives of European aerospace firm EADS, strategy chief Jean-Paul Gut, announced ..  | Read.. 
 
Renault denies bid for Jaguar
French car maker Renault on Monday denied a British media report that said it was a possible bidder..  | Read.. 
 
BMW, Mercedes to bond
BMW wants to intensify cooperation with its fellow German car maker Mercedes, a top BMW executive s..  | Read.. 
 
Microsoft, GE drop bid for Dow
Microsoft and NBC Universal, a subsidiary of General Electric, discussed but abandoned a possible b..  | Read.. 
 
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