Britannia clears stock option plan
Biscuits major Britannia Industries has approved an employee stock option scheme, fixing the exercise price at Rs 1,125.30, Tuesday’s closing price.
Archive for October, 2008
Companies see slower order book growth
The global credit crisis has slowed order growth of Indian construction and engineering companies, indicating that several big projects, planned earlier, are being pushed back either for lack of
Women for stock markets as men suffer ‘testosterone effect’
A fascinating research has suggested that the global financial meltdown may have been averted if there were more women on trading floors.
JP Morgan invests USD 450-mn of USD 1-bn fund across sectors
JP Morgan India, which plans to invest USD one billion across sectors in the country, has so far committed USD 450 million in real estate, infrastructure, manufacturing and financial sectors.
New saint comes alive on big screen
A film about a Roman Catholic nun who was declared India’s first woman saint, opens in cinemas in November, just weeks after the Pope canonised her in a special ceremony at the Vatican.
Kaya looks to saturate Middle East, eyes Egypt, Kuwait
Kaya, the skin wellness retail venture of Marico Industries, is betting on the international market to supplement the growth coming from its domestic operations.
Oi, Microsoft and Gemalto Partner to Launch Windows(R) Live Messenger Through Oi SIM Chip
Oi, the first quadri-play operator in Brazil, today announces that it will launch, in the first week of November, Windows Live Messenger services built into Oi’s SIM card, in partnership with Microsoft and Gemalto.
Mahindra Lifespace Q2 net profit at Rs 11.2 cr
Mahindra Lifespace Developers has declared its second quarter standalone results. The company\’s standalone net profit was at Rs 11.20 crore versus Rs 19.87 crore.
Immigrants to Canada face early death due to stress
New immigrants to Canada, beware! A new study says immigrants coming to Canada in search of a better life actually put themselves at risk of an early death due to stress.
Aditya Birla Nuvo Q2 cons net loss at Rs 104.6 cr
Aditya Birla Nuvo has announced its second quarter consolidated results. The company incurred a consolidated net loss of Rs 104.60 crore versus net profit of Rs 24.26 crore.
South African Indians splurge on Diwali lights, luxuries
The Diwali spirit seems to have survived the global financial crisis here with South African Indians splurging on luxury sweets, lamps and gifts and getting together to celebrate the festival of lights.
New, more efficient anti-AIDS drug for untreated patients
Medical researchers on Sunday unveiled clinical trials of new anti-AIDS drug that better controls the spread of the deadly virus among previously untreated patients.
Indian GDRs: Gail slips 25%, Ranbaxy down 17%
Indian GDRs: Gail, Ranbaxy, RIL, SBI, Sterlite, Tata Comm, ICICI Bank, ITC, LT, Tata Motors, Dr Reddys, Grasim, Satyam, Mahindra and Infosys tumbled.
Nano launch delayed, diesel variant later
Diesel Nano, scheduled to rollout sometime in 2009, has been delayed with the focus first on launching the gasoline version. World of small cars | Nano in Pics