Tanu Healthcare under Contract Farming for Medicinal Plants with Socrus Bio Sciences Group
Tanu Healthcare has entered into Contract Farming aggrament for Medicinal Plants with Socrus Bio Sciences Group. Under the contract farming arrangements with Socrus, the company is going to have access to 200 acres of land in which currently farming of medicinal plantation is taking place. Continue reading this post…

MIC Electronics Board to consider Sub-division of equity share
MIC Electronics Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 19, 2008, to consider and to decide the sub-division of face value of an equity share of Rs 10/- each of the Company into 5 equity shares of Rs 2/- each Continue reading this post…

HP agreed to buy EDS for USD 13.90 billion

Hawlett Packard, has agreed to buy EDS for USD 13.90 billion or at $25 per share. The world’s largest personal-computer maker will buy technology outsourcing company Electronic Data Systems in all cash deal. On this news EDS stock was up 28% yesterday

HP said the transaction will be accretive to ‘09-’10 non-GAAP earnings. This deal will be completed in the H2 FY09. The transaction will more than double HP’s revenues from services. EDS will continue to be led by RA Rittenmeyer. Continue reading this post…

Shipping Corporation Board to consider proposal for Bonus issue
Shipping Corporation of India Ltd has announced that the Board of the Company will consider the proposal for recommending the issue of Bonus Shares to the Administrative Ministry i.e. Ministry of Shipping, Road Transport & Highways, Govt. of India, Continue reading this post…

dish tv free set top box |dish tv now offers free set top box
Dish Tv now started to offer free set top box from Saturday to every new subscriber and for every pack. The set-top box plan will be bundled with movies-on-demand worth Rs 2,490 to Rs 3,990 depending on the package.
So why they offering free set box now? reason is simple’, as big players like Bharti (Airtel) and Reliance Big tv are planning big planes for there direct-to-home (DTH) businesses. also Dish tv wants to get as much subscriber bookings as possible before Reliance and Bharti come to market in big way. Continue reading this post…

AIG World Gold Fund - New open ended Fund

AIG Global Asset Management Company (India) has launched “AIG World Gold Fund” – an open ended Fund Scheme, which will invest in companies engaged in extracting, processing and marketing of gold.

The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of AIG PB Continue reading this post…

MIC Electronics Board to consider Sub-division of equity share
MIC Electronics Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 19, 2008, to consider and to decide the sub-division of face value of an equity share of Rs 10/- each of the Company into 5 equity shares of Rs 2/- each Continue reading this post…

Asian Paints Q4 cons net profit at Rs 94.52 cr
Asian Paints has announced its fourth quarter numbers. It has posted consolidated net profit of Rs 94.52 crore as against Rs 63.92 crore in same period of last year and net sales of Rs 1,133.04 crore versus Rs 958.95 crore(YoY). Continue reading this post…

Indiabulls Real Estate - Acquisition of 100% ordinary shares of Dev Property Development Plc. by Indiabulls Real Estate Ltd

Indiabulls Real Estate Ltd has announced that in continuation of the intimation sent by the Indiabulls Real Estate Ltd (”Company”) on February 28, 2008 in relation to the proposed investment and / or purchase of up to 100% of the ordinary shares in Dev Property Development Plc. (”DPD Shares”) an Isle of Man registered Company listed on the London Stock Exchange’s AIM (”DPD”), by issuance of new ordinary shares Continue reading this post…

3i Infotech Acquired 26% stake in Locuz Enterprise Solutions Ltd (Locuz)
3i Infotech Ltd has announced that the Company has acquired a strategic stake of 26% in M/s. Locuz Enterprise Solutions Ltd (Locuz) with a commitment to acquire remaining stake over a period. Continue reading this post…