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New Delhi: Drug maker Ranbaxy Laboratories has raised its stake in Hyderabad-based Zenotech L

Thermax is now aiming at the paper business in Indian as well as south-east Asian markets. In order to fulfill this objective, the Rs 2,210 crore energy and environment company has signed a seven-year technology & licensed manufacturing contract with US-based Georgia Pacific Chemical LLC.

Telecom Minister Mr. A Raja has informed that government will provide more spectrum by the end of November as many telecom service providers are fighting for licenses. The meeting between Telecom Industry representatives and Telecom Minister ended up in clash between CDMA based and GSM service providers.

Mumbai: Indian rupee slipped to its lowest in two weeks today, accompanying the positive behavior of other Asian currencies versus dollar earlier than key U.S. statistics this week, and on worries regarding RBI involvement.

In morning trades, the partially convertible rupee stood at 39.860/865 per dollar, off an early low of 39.90 but still under its last closure (on Monday) of 39.85/86. Markets remained closed on Tuesday for a holiday.

Last week the rupee ascended to a high of 39.62, its all-time peak since April 1998.

Mumbai: Bangalore-based Sobha developers has decided to expand a township project in Haryana with a total investment of Rs 2,000 crore together with realty firm QVC Realty and Chintels India.

The Gurgaon-based community, undertaken as a part of combined expansion agreement, would cover up more than 192 acres, comprising single-family houses, flats, commercial, retail and office space.

The company informed the Bombay Stock Exchange (BSE) that the new project would spread for over 6.5 million sq ft and is situated in segment 106-109.