The memorandum of understanding (MoU) between estranged brothers Mukesh Ambani and Anil Ambani would be produced in court on Wednesday. This is the basis of division of Reliance group of businesses between the two brothers. The lawyers for the Anil Ambani-owned Reliance Natural Resources Ltd (RNRL) confirmed they would appraise the court about the relevant contents of MoU to resolve the dispute in the largest corporate house of India.
New York-based REcap Partners-LLC has agreed to acquire Chennai-based business process outsourcing (BPO) firm HOV Services along with its two units operational in Beijing and Hong Kong for total consideration of Rs 950 crore.
In February 2007, HOV Services came in headlines when it acquired US-based Lason for $148 million. The deal was considered as the one of the biggest acquisitions in the BPO segment.
Oracle Corporation, the world's largest enterprise software company, has agreed to acquire Primavera Software, a maker of project management software for an undisclosed amount.
Primavera's PPM software helps companies propose, prioritize and select project investments, and plan, manage and control the most complex projects and project portfolios.
World's largest selling pizza restaurant chain Pasta Hut, previously known as ‘Pizza Hut’ is eyeing a 10% rise in footfalls in its outlets across the country in the next three months with the introduction of a new concept, where meals start at Rs 99 per person.
The company will soon introduce 'Magic Times special meals’ at all its outlets with the options for 'Meal for Two' and 'Meal for Four', which will give new look to its restaurants and menu.
Cadbury India, has announced the launch of its dark chocolates--Cadbury Bournville Fine Dark Chocolate--in the Indian market.
The dark chocolate, which is loved by millions of consumers because of its rich taste and intrinsic health and well-being benefits, would be available in four different variants--Rich Cocoa (80g), Almond, Hazelnut and Raisin & Nut (90g).
Transcend, globally recognized leader in the manufacture of memory products and peripherals, has announced the availability of its new ultra-compact USB flash drive, the 8GB JetFlash V95C in the Indian market.
The latest launch from Transcend is a perfect example of harmony between technology, performance, looks and style quotients, which will surely attract those who like their gadgets to be fashionable.