Piramal Healthcare to buy 5.5% of Vodafone India unit
, Feb 04 2012India's Piramal Healthcare Ltd said on Saturday it would buy a 5. 5 percent stake in Vodafone's India unit Essar for 30 billion rupees ($616
Sahara withdraws Indian cricket team sponsorship
, Feb 04 2012In a surprise development, the Indian cricket team's longtime sponsor Sahara India today ended financial ties with the BCCI and also pulled out of the IPL by withdrawing from Pune
Fortis invests SGD70 mln in 2 Singapore healthcare ventures
, Feb 04 2012, New DelhiIndian healthcare group Fortis is investing SGD 70 million (about Rs 274 crore) in two colorectal centres in Singapore this year, a report said today.
Fortis Healthcare Singapore had
Blue Star to invest Rs 40 crore on expansion this year
, Feb 03 2012, ChennaiAir-conditioner and commercial refrigerator manufacturer Blue Star today said it will invest about Rs 40 crore on new product development and brand promotion this year.
"It (investment) will be around
Maruti yet to firm up land requirement for Gujarat plant
, Feb 03 2012, KolkataThe country's largest car-maker Maruti Suzuki is yet to firm up the land requirement for its proposed new manufacturing plant in Gujarat.
"We do have plans to go to Gujarat
IndiaHomes to invest $10m, plans to acquire IT firm
, Feb 03 2012, New DelhiReal estate brokerage firm IndiaHomes today said it will invest $ 10 million over the next one year to foray into new areas and is scouting for an acquisition in
Maruti bets big on diesel models
, Feb 03 2012, MumbaiThe country's largest car-maker Maruti Suzuki will launch more diesel models to maintain its market share, which has been under pressure for months now, a top company executive has said.
Panasonic headed for record $10b annual loss
, Feb 03 2012, TokyoJapan's Panasonic Corp forecast a record net annual loss of $10. 2 billion on Friday joining beleaguered rival Sony Corp in a sea of red ink both struggling
JLR plans manufacturing JV with China's Chery: Report
, Feb 03 2012Jaguar Land Rover (JLR) plans to partner with Chery Automobile to manufacture vehicles in China and has applied to regulators for clearance of the joint venture, Bloomberg reported on Friday,
Import duty cut to hinder industry growth: Tata Motors
, Feb 03 2012, New DelhiComing out against the proposal to cut imports duty on cars from Europe as envisaged under India-EU FTA, Tata Motors today said such short-term policy shift will hinder growth of
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