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Monday, August 11, 2008

News Today

  • Hero Honda and SREI Infra acquires stake in NSE from SCHIL and IFCI respectively at Rs 3500/sh - ET
  • LN Mittal have evinced interest in acquiring SpiceJet - DNA
  • Orchid promoters exploring ways to buy-back shares Ranbaxy - BS
  • IT firms put brakes on campus hiring; some are even withdrawing offer letters - HT
  • M&M plans to list its newly formed 2-wheeler venture to unlock value - ToI
  • Govt rejects SocGens JV plans with SBI for custodian and depository services after RBI raises concerns about securities in Europe - ET
  • Nahata-Dhoot talks failed over Datacom stake - BS
  • Banks cut car loan rates by 2% to pump up sales, cuts dealer commission - ET

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