Actis Technologies Pvt. Ltd has informed that the company has entered into partnership deal with NEC India Pvt. Ltd, for world class industrial LCD monitors.

Ansal Housing & Construction, a leading real estate developer has launched its new residential project ‘Ansal town’ in Alwar, Rajasthan.

The state owned oil producer, Oil and Natural Gas Commission (ONGC) would go for acquisition of UK-listed Imperial Energy.

The Chairman and managing director of ONGC, R S Sharma said that there in no change in its earlier plans of USD 2.59 billion to bid for imperial. The company maintains a good balance sheet, and it has enough financial resources to fund the acquisition.
 
It is to be noted that crude oil rates are declining in the international market and some quarters expected scrap of bid by state owned oil giant.

Jaguar Land Rover is planning to shed around 200 jobs in its UK operations. Jaguar Land Rover is a leading automotive company owned by TATA group. The company wants voluntary layoffs of its production staff from its plants located in Merseyside in Northern England, Birmingham and Solihull in Central England. The company would provide nine months salary to retrenched staff and pension to over-sixty staff.

The Time