| L N Mittal doubles his stake in Ophir Energy | 22-NOV-09 |
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| Steel magnet Lakshmi N Mittal has paid over $110 million to double his stake in Africa-focused Ophir Energy Plc to 21.2 per cent even as he exited the oil and gas business in the Central Asian nation Kazakhstan. |
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| Microsoft eyes Indian smartphone mkt | 22-NOV-09 |
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| The world's largest software firm Microsoft today said it is sharpening its focus on the fast growing smartphones market and other wireless devices in India. |
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| Spectrum is a tax riddle, says PwC | 22-NOV-09 |
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| The government should clarify taxation rules regarding payments made for acquiring spectrum while working to resolve the issue of 3G spectrum allocation, according to financial consultancy firm PricewaterhouseCoopers (PwC). |
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| Bajaj to ramp up Pulsar production | 22-NOV-09 |
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| Bajaj Auto is betting big on its Pulsar bike and plans to ramp up production to 90,000 units per month in the next six months with a sales target of 1 million units per annum by the end of next financial year. |
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| Five of top-10 cos lose Rs 24k cr; RIL on top slot | 22-NOV-09 |
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| As many as five companies among the elite club of top-10 Sensex firms have witnessed an erosion of over Rs 24,000 crore from their market capitalisation previous week, while Reliance Industries (RIL) maintained the top position with a valuation of Rs 3.49 lakh crore. |
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| ICICI, Infosys among best firms for nurturing talent | 22-NOV-09 |
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| As many as five Indian firms, including ICICI Bank and Infosys Technologies, have made it to the list of top 12 companies in the Asia Pacific region for being instrumental in building leadership capability within their organisation. |
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| Hershey trust pushes $17-bn offer for Cadbury | 22-NOV-09 |
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| Hershey Co’s controlling trust wants the candy company to make a $17 billion bid for British confectioner Cadbury Plc, the Wall Street Journal reported, citing unidentified people familiar with the matter. |
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| Indian appointed to key IMF post | 22-NOV-09 |
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| With an experience in managing complex work programmes, Indian economist Siddharth Tiwari has been named as secretary of the International Monetary Fund (IMF) by its Managing Director Dominique Strauss-Kahn. |
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| IOC fire burns Rs 100-cr hole in GIC's pocket | 22-NOV-09 |
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| General Insurance Corporation (GIC), India’s national re-insurer, is expected to take a Rs 100-crore hit in claims for the fire that broke out at the Indian Oil Corporation (IOC) complex near Jaipur last month. |
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