India News

Terming Tatas' successful bid for acquiring Anglo-Dutch steel company Corus as an example of aggressive Indian businesses, Finance Minister P Chidambaram today said the government would be ready to help the industrial house to complete the deal.

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Trinity Capital has bought a 10.43 per cent stake in Pipavav Shipyard Ltd, promoted by Nikhil Gandhi-backed Sea King Infrastructure, for Rs 104 crore. 

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After four decades, London-based Indian billionaire industrialist Lakshmi Niwas Mittal visited his home town in Rajgargh in Churu district of Rajasthan on Tuesday.

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Mobile Virtual Network Operators (MVNOs) may soon become a reality in India. Telecom regulator Trai is set to recommend that virtual networks be allowed in India, giving a new lease of life to the plans of global players such as Richard Branson-owned Virgin Telecom.

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The Tatas beat Brazil's CSN to acquire Anglo-Dutch steelmaker Corus Group Plc at slightly more than $11 billion in an all cash deal. Tata Steel had initially bid $9.2 billion against CSN's higher $9.6 billion last month.

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