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Monday, December 08, 2008
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MERGERS & ACQUISITIONS: IOC-BRPL merger may be approved soon
Kolkata, Dec. 7 After IBP it is now the turn of the Assam-based Bongaigaon Refinery & Petrochemicals Ltd (BRPL) to be merged with parent company IndianOil. According to senior officials of both the companies, the Department of ...

NEW PROJECTS: Taj GVK Hotels to go ahead with investments plans
To open Taj Mount Road soon; mulls 10 Ginger properties. The economic slowdown provides opportunity to make fresh investments in the hospitality sector and be ready with additional capacity when the turnaround happens, according to Mr G.V.K. ...

ALLIANCES & JOINT VENTURES: Globe Detective joint venture
Private investigations and security company Globe Detective Agency has signed a 50:50 joint venture with Singapore’s Mainguard International to tap markets overseas market. The company, Globe Mainguard Alliance Pvt Ltd, will offer ...

NEW PROJECTS: Hotel Leela expansion plans on
Bangalore, Dec. 7 The global economic meltdown has not affected Hotel Leela Venture’s expansion ...

AWARDS & HONOURS: Award for Sterlite Industries
Sterlite Industries (India) Ltd (SIIL), Tuticorin, was presented the ‘Gems of South Tamil Nadu’ award for its contribution to the State’s manufacturing revenues by investing in the southern region of Tamil Nadu. The award ...





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Markets (Dec 06)
Nifty (at close on Dec 5)2714.40(-73.60)
US Dollar (Buy/Sell)49.64/65
Brent crude (a bbl) Rs1,947
Gold (a gram) Rs1,137
Silver (a kg) Rs16,790

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