Singur (West Bengal), Sept 22: Tata Motors has given jobs to 17 youths whose families had given up their farmland for a proposed car factory at Singur.
These 17 men have joined a training programme sponsored by Tata Motors and the West Bengal Industrial Development Corporation (WBIDC).

"We took training in a sponsored program by Tata Motors and the WBIDC. After that, we sat for a test and got through. We have got our training in Jamshedpur. We are now joining as trainees," said Somen Ray, one of the recruits.

New Delhi: There could be excellent news for retail capitalists in ONGC stock. The company is planning a stock split besides giving bonus to its shareowners.

Welspun India has registered a 22.41 per cent growth in its net earnings, which stood at Rs 92.3 million for the quarter ended June 2007, as against Rs 75.4 million in the same period of the last year (2006).

The company recorded a 33 per cent increase in its net sales at Rs 2,647.42 million for the quarter (June 2007) as compared to Rs 1,988.95 million in 2006.

Total Income was seen at Rs 2,771.28 in the quarter, as against Rs 1,950.72 for the year ago period.

New Delhi-based Fortis group is ready to purchase stakes in Chennai-based Malar Hospitals Ltd.

The group has signed up an agreement with the Chennai-based Malar Hospitals promoters’ to buy 28 per cent of the holdings through International Hospital Ltd - a wholly owned subsidiary of Fortis Healthcare Ltd (FHL) - and Oscar Investments Ltd.

Fortis will also make an open public offer to take over 20 per cent stake from the public. The transaction will mount Fortis’ entry into south India.