Mumbai, Feb 11: Anil Dhirubhai Ambani Group's Reliance Power stock, that was listed at 548 rupees on the Bombay Stock Exchange (BSE), was trading at 417 rupees, a discount of 33 rupees, at 1200hrs. Around 34 million shares were either sold or bought so far on the exchange.

On the National Stock Exchange (NSE), the stock was listed at Rs 530, and was trading at 418 rupees with around 80.5 million shares traded on the exchange.

Reliance Power, which last month made the country’s largest-ever initial public offering of three billion dollars, fell at its debut on the stock markets.

Mumbai, Feb 11: Anil Dhirubhai Ambani Group’s Reliance Power on

Kolkata-based business conglomerate Usha Martin Limited has announced the launch of the newly formed company Usha Breco Realty Pvt. Ltd.

The largest power generation PSU, National Thermal Power Corporation Ltd (NTPC) has announced that the corporation has inked a MOU with Bharat Forge Ltd.

Mindteck (India) Ltd, a global technology and IT services company has announced that the company has acquired US-based Infotech Consulting for USD 21 million. 

Infotech Consulting, a multi-disciplined technology services firm based in pennsylvania, US with estimated revenue of $31 million as of December 31, 2007, employs over 250 people in the US. The company has a large commercial and governmental customer base and significant expertise in Business Application Consulting (BAC), and Security Infrastructure and Managed Services (SIM),