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MERGERS & ACQUISITIONS: Reliance ADAG in pact with DreamWorks
Hollywood foray with Spielberg-led production house; to invest $1.2 b via Big Entertainment. Mumbai, Sept. 20 The Reliance ADAG group has signed a deal with Steven Spielberg-led DreamWorks SKG for a $1.2 billion-film production company, the Wall ...

OVERSEAS INVESTMENTS: Pricing key component of new energy policy: PM
Draft document likely before Cabinet for approval in a month. New Delhi, Sept. 20 The Prime Minister, Dr Manmohan Singh, has said the issue of energy pricing and acquisition of overseas assets by Indian utilities would be among key focus areas ...

ALLIANCES & JOINT VENTURES: Hollywood looks east for funds
ANIL AMBANI-SPIELBERG DEAL. Mumbai, Sept 20 The deal between the Reliance ADAG group and Steven Spielberg’s DreamWorks SKG is just another instance of fund-starved Hollywood ...

OVERSEAS INVESTMENTS: Essar Steel to invest $1.6 b in Minnesota unit
Mumbai, Sept. 20 Essar Steel Holdings Ltd, part of Essar Global Ltd, will invest $1.6 billion to establish a mine-based steel plant in Minnesota’s ...

INTERVIEW: Avesthagen: ‘Without an IPO, it would not be a growth story’
Bangalore, Sept. 20 In 2001, Dr Villoo Morawala-Patell, plant biologist and PhD from the University of Louis Pasteur, set out to harvest her science at the marketplace on an unusual platter of agriculture, nutrition and ...





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Markets (Sept 20)
Nifty (at close)4245.25(+207.10)
US Dollar (Buy/Sell)46.34/35
Brent crude (a bbl) Rs4,499
Gold (a gram) Rs1,161
Silver (a kg) Rs19,850

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