Nuremberg, Germany  - A European takeover fight turned fierce Wednesday, with the German market-information company GfK announcing it would make a cash bid for its British rival Turner Nelson Sofre

Indian aviation industry is facing losses due to cut-throat
competition and rising fuel prices. The total loss faced by Indian airlines is

Oregon-based Tyfone has reportedly signed an alliance with India’s software exporter Satyam Computers for mobile financial services.

The National Thermal Power Corporation Ltd (NTPC) and Bharat Heavy Electricals Ltd (BHEL), jointly plan to invest Rs 6,000 crore in the greenfield projects to set up a power plant equipment by 2013

Automobile giant General Motors has decided to invest around Rs 10- 12 billion for establishing a power train (engine and gear box) manufacturing plant at its Talegaon Plant near Pune.