TNM

Jaiprakash Associates To Absorb All Subsidiaries

Jaiprakash Associates To Absorb All SubsidiariesRenowned Indian construction firm, Jaiprakash Associates would merge Jaypee Hotels (JHL), Jaypee Cement (JCL), Gujarat Anjan Cement (GACL) and Jaiprakash Enterprises (JEL) with the flagship public-listed company Jaiprakash Associates (JAL). The meager is aimed to insulate the business from the impact of the global slowdown as there is a huge demand-supply mismatch in different geographical regions. All companies under a single roof would allow better control over subsidiaries, allowing better economic management and business effectiveness.
 

Revenues Of Global LCD TV Expected To Fall By16% In 2009

Revenues Of Global LCD TV Expected To Fall By16% In 2009If adhered to the market research firm DisplaySearch, the worldwide revenues for liquid crystal display (LCD) TVs are expected to fall for the first time since the category was launched as the economic downturn is expected to continue into 2009.

According to a report dated 17th December, DisplaySearch says that the revenues of LCD television would fall 16 percent year-on-year to $64 billion in 2009, with total TV revenues expected to decline 18 percent to $88 billion.

Deloitte Technology Fast 500 APAC Won By Micro Tech

Deloitte Technology Fast 500 APAC Won By Micro TechThe Deloitte Touché Tohmatsu has once again selected Micro Technologies (India) Ltd. as one of the fastest growing companies in India. Micro Tech, for the second consecutive year; has been awarded with the 'Technology Fast 50 (India) Award' & the 'Deloitte Technology Fast 500 Asia Pacific' Award.

Micro Technologies India Ltd, via this recognition has been able to establish itself as a world class security and technology company, which entails the productions and sale of top-of-the-line products and information.

Insurance Bill Introduces In The Raj Sabha

Insurance Bill Introduces In The Raj SabhaThe union government moved a step closer to start long-pending reforms in the insurance sector by introducing the Insurance Reforms Bill in the Rajya Sabha on Monday, amid stiff opposition from the opposition parties, especially the Left. The bill is aimed at increasing the foreign direct investment (FDI) in the insurance sector from the existing 26 per cent to 49 per cent. The amendment in the insurance bill would also allow four state-owned general insurance companies to raise funds from the capital market.

Bajaj Family Dispute Set To Close

Bajaj Family Dispute Set To CloseSix-year old Bajaj family drama is all set for curtains as Rahul Bajaj has acquired 29.2% in Bajaj Hindustan. He would sell 29.6% stakes in Bajaj Hindusthan to his brother Shishir Bajaj, paving the way to transfer full control of the sugar company to his brother. The move would raise Shishir Bajaj's stake in BHL from 2.85% to 32.47%.

Huge Setback for Aamir: HC Stays The Release Of ‘Ghajini’

Huge Setback for Aamir: HC Stays The Release Of ‘Ghajini’Here’s sad news for perfectionaist Khan aka the Bollywood legend Aamir Khan fans.

One of the most anticipated films of the year, Ghajini starring Aamir Khan may not be released on Christmas Day.

On Tuesday, the all-India release of the film has been stayed by the Madras High Court. In its order, the Madras High Court has asked the producer of the film to not release the film.

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