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| United Spirits acquires Tern Distilleries | 23-NOV-09 |
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| United Spirits today acquired the entire share capital of Tern Distilleries (Tern) based in Andhra Pradesh for Rs 13.42 crore. Consequent to this acquisition, Tern has become a wholly owned subsidiary of United Spirits. |
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| Pakistan nuclear facilities at risk: security expert | 23-NOV-09 |
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| A Taliban insurgency and the war in neighbouring Afghanistan have put Pakistan's nuclear arsenal at risk giving rise to a "troubling" situation, an arms control expert who served as former US President George W Bush's national security adviser has said. |
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| Nuke deal, Pak, terrorism on agenda as PM meets Obama | 23-NOV-09 |
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| Implementation of the landmark civil nuclear deal, the situation in Pakistan and terrorism emanating from there would be high on the agenda as Prime Minister Manmohan Singh and President Barack Obama meet here tomorrow for talks during which they are expected to give a major push to the Indo-US strategic ties. |
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| Oil above $78 in Asian trade | 23-NOV-09 |
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| Oil prices moved above $78 a barrel in Asian trade today as a weaker US dollar helped boost demand, analysts said. |
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| Analysts' corner | 23-NOV-09 |
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| Bharat Electronics’ (BEL) order backlog at the end of October 2009 stood at Rs 12,260 crore, up 18 per cent from Rs 10,390 crore as on April 1, 2009. The company has seen healthy order inflows of Rs 3,950 crore in the first half of 2009-10 and expects more to follow in the second half. Nevertheless, some of the orders received also relate to “off-set clause” as per the new defence procurement policy. The brokerage feels that the “off-set provision” for defence procurement has opened new avenues for the company’s growth. |
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| Gold may advance further says survey | 23-NOV-09 |
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| Gold may advance as investors seek to hedge against a weakening dollar and possible inflation, a survey showed. Nineteen of 26 traders, investors and analysts surveyed by Bloomberg, or 73 per cent, said bullion would rise in the week starting November 23. Five forecast lower prices and two were neutral. |
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| ICICI, Infy among best firms for nurturing talent | 23-NOV-09 |
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| As many as five Indian companies, including ICICI Bank and Infosys Technologies, rank among the top 12 companies in the Asia Pacific region for being instrumental in building leadership capability within their organisation. |
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| RIL may fuel India Inc's overseas M&A drive | 23-NOV-09 |
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| With signs of green shoots showing in economies worldwide, India Inc’s appetite for overseas acquisitions got a fresh lease of life with Reliance Industries’ estimated $10-12 billion offer for a controlling interest in bankrupt LyondellBasell Industries. |
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| Protests against buying land boost Orissa Naxals | 23-NOV-09 |
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| Recently L N Mittal, the world’s top steel maker, announced in London that he may shift his 12-million tonne steel project out of Orissa because of the long delay in land acquisition and local opposition to the project. |
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| Obama-Singh to run last mile on nuclear deal | 23-NOV-09 |
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| Trying to resolve sticking points on the India-US civil nuclear cooperation agreement on the one hand, and narrow differences on their approach to climate change on the other, India and the US are likely to sign a joint Memorandum on Energy Security, Clean Energy and Climate Change during Prime Minister Manmohan Singh’s visit to the United States this week. |
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| Tata docomo extends per second billing to roaming | 23-NOV-09 |
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| Tata Docomo, the GSM mobile service of Tata Teleservices, has extended its per-second billing plan to roaming services. Its subscribers would be charged one paisa per second for outgoing and incoming calls while roaming, effective tomorrow. |
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Content Guide
