Thursday, 12 September 2013

NEWS WRAP - SEPTEMBER 12, 2013

  • Walmart mulls exisitng India, final decision out by month-end.
  • Jaypee Cement to sell 51% stake in Gujarat unit to Ultratech for Rs. 4,000 crore.
  • The Delhi-Mumbai Industrial Corridor (DMIC) clears 6 projects; expects Investment of Rs. 1.10 lakh crore.
  • Sadbhav Engineering gets Rs. 457 crore order for two water projects.
  • Meru Cab, a radio taxi service, announced to launch operations in Ahmedabad.
  • Bangalore-Headquartered HealthCare Global Enterprise (HCG) acquired Land at Sun Pharma in Vadodara for the Hospital.
  • McDonald's is currently testing a Mobile Payment Application in US.
  • TCS is now second among world's most valuable IT firms.
  • Americans have become enthusiastic about High Value Indian Tea.
  • RBI allows banks to borrow Overseas up to 100% of their Capital and swap it at a subsidized rate.
  • India, Japan to consider setting up of Electronic township in country.
Source: Economic Times

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