Friday, 27 September 2013

NEWS WRAP - SEPTEMBER 27, 2013

  • Tata Teleservices, Russia's Sistema JSFC and Aircel, controlled by Malaysia's Maxis, are in exploratory talks for a three-way merger to create India's third-largest Telecom Company.
  • National Green Tribunal (NGT) insists any establishment not adhering to Environment Regulations had to close.
  • Rajasthan Government named Kokilaben Ambani, as a Vice President of the Nathdwara Temple Board.
  • Ebay to buy Braintree for about $800 million in cash to add to its PayPal Business.
  • German furniture fittings brand, Hettich, to invest Rs. 500 crore in India.
  • The Beer Cafe to enter Mumbai by November 2013 with 10 outlets.
  • Lakme Lever plans to add 300 stores in the next three years.
  • Nokia launches 41 Megapixel Camera phone Lumia 1020 which will hit shelves on October 11, 2013 and will be available in the range of Rs. 47,000-Rs. 48,000.
  • Oberoi Realty's Share sale offer gets good response.
  • SEBI settles SpiceJet case with WL Ross for Rs. 1.10 crore.
  • Barclays to cut jobs, shut wealth Management Services in 130 countries.
  • Darjeeling Tea Prices fall 50% on quality concerns post-rains.
  • Railways to start power Trading in the Open Market within next two months.
  • Last date for e-filing of Tax Audit Report extended to October 31, from September 30.
Source: Economic Times

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