Cutting Equipav offer to Rs 1150cr best option:Shree Renuka

Narendra Murkumbi, MD, Shree Renuka Sugars, said the company considered all options including pullingoff the deal. “In the end, we found that reducing the acquisition price was the best option. Acquisition price has been reduced by Rs 400 crore.”
Source: Moneycontrol Top Headlines | 23 Jun 2010 | 4:26 am

Bharti to invest $100 mn in Malawi network

Bharti Airtel will spend USD 100 million in the next three years on network expansion in Malawi, after sealing a deal that puts the Indian wireless phone operator in 15 African countries.
Source: Moneycontrol Top Headlines | 23 Jun 2010 | 4:00 am

India to clock double digit growth by 2012: Mukherjee - The Hindu

Reuters India

India to clock double digit growth by 2012: Mukherjee The Hindu PTI PTI Union Finance Minister Pranab Mukherjee with Secretary of State Hillary Clinton during the CEOs Conference in Washington. Industries and Commerce Minister Anand Sharma is also seen. Photo: PTI Indian economy is likely to clock double digit ... India, US to reach for the stars in economic tiesHindustan Times Together, we can reach for the stars, Pranab tells USRediff India to achieve double-digit growth in five years: MukherjeeNetIndian Press Trust of India -Economic Times -NDTV.com all 281 news articles »

Source: Business - Google News | 23 Jun 2010 | 3:53 am

Vivendi denies in talks for Reliance Comm stake

PARIS/MUMBAI (Reuters) - Vivendi, Europe's largest entertainment group, said on Wednesday it was not in talks to buy a 26 percent stake in mobile carrier Reliance Communications.
Source: Reuters: Money News | 23 Jun 2010 | 3:46 am

Inflation spreading, RBI may hike rates "any time" - official

NEW DELHI (Reuters) - Inflation in India is spreading and the Reserve Bank of India (RBI) could raise interest rates before its scheduled policy review late next month to tame high prices, a top government official said on Wednesday.