New Delhi: BHEL is in quest of mergers and acquisition (M&A) in order to encourage inorganic expansion and targets earning of Rs 45,000 crore by the next five years (2012).

At the shareholders conference, A K Puri, BHEL Chairman and Managing Director said, the company has drawn what it names “Strategic Plan 2012” to make sure sustainable profitable development over the next five years with the aim of achieving an earning level of Rs 45,000 crore.

Chennai: Deepak Puri, MD Moser Baer India Ltd, stated that the company is planning to invest Rs 2,000 crore in Tamil Nadu to make photovoltaic films. The project will be licensed in 18 months.

Mumbai: The Indian currency dropped to a one-week low on Tuesday, weighed down by weaker Asian stock markets and oil prices that lingered near all-time highs.

Mumbai: Equity shares of Nagreeka Capital & Infrastructure got listed at Rs 114 on the Bombay Stock Exchange (BSE) today.

Mumbai: Maruti Udyog Ltd has got regulatory approval to change its name to Maruti Suzuki India Ltd.

A new clash among the Patni brothers over the rights of the new capitalist in Patni Computer Systems is delaying the stake sale process in the IT services company.