Thursday April 24, 2008

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FTA with China not a priority: Govt  

New Delhi, Apr 23:
Government on Wednesday said a Free Trade Agreement (FTA) with China was not a "priority" for India due to "deep divisions" within the government and opposition from the industry.
 
Infosys acquires IP technology from Australian firm  

New Delhi, Apr 23:
IT bellwether Infosys Technologies on Wednesday said it has bought advanced technology module from an Australian company to enhance the features of its banking software product Finacle.
 
Reliance Power to sell surplus coal  

New Delhi, Apr 23:
Anil Dhirubhai Ambani Group's Reliance Power, which is building up its portfolio of coal blocks across the world, is understood to be contemplating selling the additional coal left after captive usage to other companies in the country.
 
India`s corporate bond market growth lagging: ADB  

Hong Kong, Apr 23:
India's corporate bond market remains underdeveloped despite a fast growing economy and a rapidly transforming financial sector, the Asian Development Bank said in a report released on Wednesday.
 
India, China private business owners upbeat on M&As 

New Delhi, Apr 23:
The current turbulence in world financial markets notwithstanding, there exists a positive attitude among private business owners in emerging economies, particularly in India and China, toward mergers and acquisitions, says a global survey.
 
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