Anil Ambani group company Reliance Infratel is diluting 5% stake to a clutch of American and European investors in a pre-IPO placement, a deal that values the company at about Rs 50,000 crore.
Yahoo! Inc., fighting billionaire investor Carl Icahn's bid to take control of its board, agreed to give advertising company WPP Group Plc access to its online advertising auction service to bolster ad sales.
Texmaco reported a 97% increase in turnover to Rs 937.18 crore for the year to March 31, 2008, as against Rs 476.13 crore recorded in the year-ago period.
Representatives of two leading Jharkhand chambers of commerce who recently visited Orissa say the latter is the better of the two states as an investment destination.
McNally Bharat Engineering Co Ltd, a Williamson Magor group company, has taken over Sayaji Iron & Engineering Co Ltd by acquiring the entire controlling stake of 68.28% for Rs 59.01 crore at Rs 221.60 per share.
Shrugging off a spike in the inflation, key Indian equity indices managed to end the day in the green on the back of positive cues from the global equity markets
Two weeks after photographs of China's nuclear submarines set alarm bells ringing for the Indian authorities, a commercial satellite has revealed a launching site for over 50 nuclear ballistic missiles, capable of striking all north Indian cities.
China has received 3.175 billion yuan (454 million U.S. dollars) in cash and goods for earthquake relief from donors at home and abroad as of 4 p.m. Friday, according to the Ministry of Civil Affairs (MCA). Domestic donations reache ...
When the deadly earthquake struck on Monday, hundreds of thousands of people immediately lost contact with loved ones.Now every survivor's top priority is to locate missing relatives and friends to make sure they're all safe.Ge Jun, ...
HANWANG, Sichuan: As high temperatures and humidity persist here, rescuers and doctors are urgently removing bodies before they decay and cause epidemic outbreaks.Those charged with the gruesome task of managing the bodies said the numb ...
MIANYANG, Sichuan: As he walks alone with a bandaged head and arm outside Nanhe Stadium, a temporary center for quake survivors, Wang Qingzhou appears fairly relaxed.He looks like a different man from the one who managed to get out of
Authorities are stepping up efforts to ensure safe drinking water and sanitation for thousands of people living without basic necessities in the aftermath of Monday's earthquake."We plan to send 48 portable water-purifying machines to t ...
A strong aftershock sparked landslides on Friday near the epicenter of the earthquake, burying vehicles and again cutting off roads.The 5.9-magnitude aftershock jolted Lixian county at around 1:25 pm on Friday, sending rocks sliding fro ...
A top housing official said on Friday that the construction quality of collapsed school buildings will be investigated once rescue work is completed in quake-hit areas."If quality problems do exist in the school buildings, those found r ...
Fifty-six hours after being buried in debris, 20-year-old Jia Zhengjiao came out of her coma, slowly opening her eyes to the sight of more than 160 Chinese Air Force soldiers singing Happy Birthday to her.Recounting the arduous struggle ...
Tens of thousands of people swarmed the streets of Nanchang for the last leg of the torch relay in Central China's Jiangxi province, cheering their long-awaited taste of the Olympics and expressing support for China's earthquake victims. ...