new delhi: In a bid to sell the India story to overseas investments,finance minister P Chidambaram on Wednesday embarked on a three-nation tour to the UK,France and Qatar. During the tour,Chidambaram will hold a meeting with his British counterpart George Osborne and address investor conferences.
Takru meets bankers on DBT rollout
New Delhi: A week after setting June 30 deadline to bankers to set up on-site ATMs to widen the scope of direct cash transfer scheme coverage,banking secretary Rajiv Takru met bankers on Wednesday and discussed the way forward for the scheme.
Tata Communications to delist from NYSE
Mumbai: Tata Communications Ltd (TCL) on Wednesday said it has decided to delist from the New York Stock Exchange (NYSE) due to low trading volume of its shares.
Cipla Medpro okays buyout by Cipla
New Delhi: Drug major Cipla on Wednesday said shareholders of South Africa-based Cipla Medpro has approved its around $512 million takeover offer.
Eureka Forbes to buy further in Lux Intl
Mumbai: Eureka Forbes,part of Shapoorji Pallonji Group said it would further increase its stake in Switzerland-based Lux International to extend its global footprint and raise its turnover from $500 million to $1 billion.