| Manipal
to get Rs 1,435 cr FDI; FM clears 18 proposals
|
New
Delhi, May 16:
Finance Minister P Chidambaram has approved 18 FDI totalling
Rs 1,820.24 crore, including Manipal Educational Group's to
induct foreign investment of Rs 1,435 crore in a holding company
and US-based Freightcar to set up a joint venture for railcars.
|
| Sensex
ends up 81pts; Ranbaxy gains 3%
|
Mumbai
May 16:
The Sensex opened with positive gap 123 points at 17,476, and
soon slipped into a negative zone and touch a low of 17,315.
|
| Tata
Steel to start work at Kalinganagar
|
Bhubaneswar
May 16:
Tata Steel plans to start the construction work for its proposed
Rs.15,400 crore 6 million tonne per annum integrated greenfield
steel plant in Kalinganagar within a month.
|
| Aditya
Birla Nuvo forays into apparel retail
|
Mumbai
May 16:
Aditya Birla Nuvo has forayed into apparel retail with the launch
of Peter England People, it's first family store, at Mumbai.
The company expects to garner Rs 4,500 crore ($1.5 billion)
revenue from the apparel retail business in next five years.
|
| Windows
to run on One Laptop per child computer
|
Seatle,
May 16:
Microsoft Corp reached an agreement to make available its Windows
operating system software for the One Laptop Per Child Foundation's
XO Laptop, the company said on Thursday.
|
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