The Videocon group intends to acquire Motorola`s mobile handset business, which is being split into a separate company. The company has appointed one of the world`s top three investment bankers who will convey its interest to buy out the mobile handset business of telecom giant.
Cairn India plans to raise USD 250 mn loan and has approached International Finance Corp. The company seeks loan for funding the development of its oil and gas block in Rajasthan, and to build a 600 km crude oil pipeline.
Subhash Projects & Marketing bagged order worth Rs 3.29 billion for execution of Main Plant, CW & Offsite Civil Works package for Bongaigaon Thermal Power Project (3X 250 MW) from NTPC.
The IT space looks good if one has atleast 6 months perspective..Infosys can be a good buy at 1,480-1,490 for a target of Rs 1,750
Tata Motors intends to raise around USD 983 million in Japan for acquisitions.
No comments:
Post a Comment