Japan’s factory output has jumped at its fastest rate in more than 50 years, but higher unemployment figures have dampened hope of an early recovery. Output rose by 5.2% in April from the previous month, the biggest monthly gain since 1953, official figures show. The much bigger-than-expected rise is the second monthly increase in industrial [...]

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US media giant Time Warner says its board has approved plans to spin off its AOL internet division as a separate company by the end of this year. Time Warner will buy the 5% of AOL it does not already own from Google, then offer the firm to its own shareholders. AOL bought Time Warner [...]

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India’s largest mobile phone company, Bharti Airtel, has resumed merger talks with South Africa’s MTN, a year after a previous plan to join up was abandoned. The two firms are in talks for Bharti to take a 49% stake in MTN, while the South African company would get a 36% stake in the Indian business.

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Moser Baer – Foreign Currency Convertible Bonds Moser Baer India Ltd has announce the following repurchase of the Foreign Currency Convertible Bonds, particulars of which are set out as follows: Tranche A – Number of Convertible Bonds : 10 – Total Amount Paid : US$ 435000

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Enam Securities Pvt Ltd (“Manager to the Buyback”) on behalf of Merck Ltd (“Target Company”) has issued this Public Announcement (“PA”) to the Equity Shareholders / Beneficial Owners of equity shares of the Target Company, pursuant to the provisions of Regulation 8(1) read with Regulation 15(C) & in compliance with the Securities &

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Torrent Pharmaceuticals Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from June 10, 2009 to June 12, 2009 (both days inclusive) for the purpose of payment

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