CORPORATE DISPUTES
Ambani brothers seeking legal opinion
THE Ambani brothers are seeking legal opinion before taking the next step on their differences about ownership and management of Reliance group of companies. Mr Cyril Shroff of Amarchand & Mangaldas & Suresh A. Shroff & Co, is advising M More

Mukesh, Anil attend function
FOR the first time since the family feud over "private, ownership issues" of the Reliance group spilled over into the public domain, the Ambani brothers on Saturday shared the same roof at a corporate awards function held in Mumbai. Mr Mukesh ... More

HUMAN RESOURCES
Voltas retrenches 450 workers
According to the workers' leaders, negotiations were going on for the last couple of months with the management on the issue of fresh round of VRS. More

MERGERS & ACQUISITIONS
M&M to acquire 51% stake in SAR Transmission
MAHINDRA & Mahindra Ltd (M&M) informed the Bombay Stock Exchange on Saturday that it entered into an agreement to acquire a 51 per cent stake in Rajkot-based SAR Transmission Pvt Ltd (STPL). "The consideration for the purpose of the ... More

ALLIANCES & JOINT VENTURES
Apollo Hospitals to partner with US firm for BPO biz
APOLLO Hospitals Group is planning to rope in a US-based venture capital firm as its collaborator in the medial BPO business. The venture capital firm has substantial exposure in healthcare sector in the US. The collaboration is expected to be ... More

OUTLOOK
Fisher Pumps focussing on exports, opens office in Spain
COIMBATORE-based Fisher Pumps finds exports booming. The Rs 35-crore pump manufacturer sees its exports increasing to Rs 20 crore this year, twice as much as last year, Mr R. Parthiban, Managing Director of the company, told Business Line ... More