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Infosys, the $7-billion Bangalore-based infotech giant, today announced its biggest-ever acquisition: the buyout of Zurich-based Lodestone Holding AG in an all-cash deal that put the aggregate enterprise value at CHF 300 million (roughly Rs 1,932 crore).... | Read..
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ITC Ltd has renewed buying in hospitality major EIH Ltd, picking up a 1 per cent stake in the Oberoi family-run firm which owns The Grand in Calcutta.... | Read..
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Hershey’s, the $ 6 billion US chocolate maker, will go it alone in India. ... | Read..
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Civil aviation minister Ajit Singh is likely to discuss the vexed issue of foreign direct investment in airlines with Bengal chief minister Mamata Banerjee during his vis... | Read..
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Car sales fell 19 per cent in August — the biggest decline in 10 months — as high fuel prices and increased loan rates along with a slowing economy kept poten... | Read..
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Russian telecom major Sistema today said its participation in the November auctions depended on clarity regarding spectr... | Read..
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Domestic tea production during the January-July period dropped 4.23 per cent to 470.76 million kg from 491.59 million kg... | Read..
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Briefs
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