Construction and civil engineering firm Hindustan Construction Company (HCC) has informed that Bank of India has invested Rs 150 crore in Lavasa Corporation Ltd (LAVASA), a subsidiary of HCC (Hindustan Construction Company Ltd) in the form of Convertible Debentures. 

Based on the above investment, the equity valuation of LAVASA gets reconfirmed at Rs 10000 crore. Earlier, Axis Bank Ltd had invested Rs 250 crore at the same valuation. 

New York - Coca-Cola Co, the world's largest soft drink manufacturer on Wednesday reported a third-quarter profit increase of 14 per cent to 1.9 billion dollars despite the economic downturn.

Sales rose by 9 per cent to 8.4 billion dollars. The company's success in emerging countries had more than compensated for the weak US market, CEO Muhtar Kent said Wednesday in a statement released by Coca-Cola headquarters in Atlanta, Georgia.

Coca-Cola has gained significantly from the weak dollar, with its performance clearly exceeding expectations.

Dubai, Oct. 15 : The launch of the Reliance Mobile ICC ODI Women’s Rankings will be held in the CK Naydu Room at the Cricket Club of India in Mumbai at 12 p. m. on on October 16.

A media briefing involving David Richardson, ICC General Manager – Cricket, India captain Jhulan Goswami, ICC Women’s Cricketer of the Year 2008 Charlotte Edwards of England and Sanjay Behl, head of branding at Reliance Communications, will take place at the same venue following the conclusion of the ceremony.

TATA group consultancy arm, TCS has signed a deal with the external affairs ministry to implement the Passport Seva Project. The project is aimed to speed up the passport issuance process. The government intends to issue new passport within three working days and under TATKAL scheme on the same day.

The government would open 77 new passport filing centers under the project in different locations of the country. The project is expected to complete by the first week of January 2010 in the entire country.

San Francisco  - Executives from Yahoo and Google are negotiating with the US Department of Justice in an effort to allay antitrust fears about their proposed advertising agreement, the Wall Street Journal reported Tuesday.

The report said that the talks, aimed at avoiding a widely predicted antitrust suit may include a volume cap that would limit the amount of ads Google can post on the Yahoo system.

Oberoi Hotels & Resorts has been declared the best hotel chain (outside the UK) in the Guardian, Observer and guardian.co.uk Travel Awards 2008.  
This ranking is based on readers' poll conducted by The Guardian, The Observer and guardian.co.uk.  

The Guardian is amongst the top national newspapers in the United Kingdom. The Observer is the Sunday edition of The Guardian and guardian.co.uk is the online edition.
 
Oberoi Hotels & Resorts are synonymous with providing the right blend of luxury, attentive and friendly service and quiet efficiency.