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Govt to recall 4 govt directors from Satyam board
Four of the six government nominated directors will be withdrawn from the board of Indian outsourcer Mahindra Satyam Ltd, the chairman of India's Company Law Board (CLB) said on Friday. More
Orchid Chemicals gets US FDA nod for BP tablets
Orchid Chemicals & Pharmaceuticals on Thursday said it has received approval from the US drug regulator for its anti-hypertensive tablets. More
SREI Infra sees Apr-June disbursements up 10%
SREI Infrastructure Finance Ltd's loans in the April-June quarter is expected to rise 10 per cent, its vice-chairman said on Friday. More
Texmaco in talks with global cos for metro coach JV
Rail wagon maker Texmaco Ltd is in talks with global players for a joint venture to make metro coaches, train cars and locomotive components, a senior official told Reuters on Friday. More
BEML eyes overseas tie-up for double-decker coaches
BEML Ltd is planning a technology tie-up with overseas firm for making air-conditioned double-decker railway coaches, its top official said on Friday. More
YES Bank to raise $200-m equity
YES Bank is looking to raise $200-million Tier-I equity capital either through a follow-on public issue or through a qualified institutional placement. The bank is also looking to raise Rs 500More
Strides Arcolab buys back FCCBs
Strides Arcolab Ltd has informed the stock exchanges that the company has partially bought back two tranches of its FCCBs (foreign currency convertible bonds). It bought $18.50 million aggregateMore
Govt to sell stake in NHPC, Oil India this fiscal
India expects to raise Rs 1854 crore ($386 million) from stake sales in two state-run firms in the current financial year to March 2010, a junior finance minister told parliament onMore
RComm: Got OK for share sale to institutions
Reliance Communications, India's No. 2 mobile operator, said on Friday it has got shareholders' approval to raise funds via a share sale to institutions. More
Ashok Leyland bags Rs 300-cr bus order
Ashok Leyland has bagged a Rs 300-crore order for 1,500 buses from Tamil Nadu State Transport Corporation. The Corporation is buying the buses with funding from the Jawaharlal Nehru NationalMore
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