Friday, September 25, 2009

Corporate News

􀂄 The initial public offer (IPO)of the compact disc maker Euro
Multivision got fully subscribed on the final day of its issue.BS

􀂄 Reliance Industries (RIL) announced that it has signed
natural gas sales pact with state-run NTPC. - BS

􀂄 Mphasis remote infrastructure services and business
process outsourcing service provider, today announced that
it will change its branding identity to become Mphasis an
HP Company. - BS

􀂄 Larsen & Toubro (L&T) today said it has received an order
worth over Rs 2,000 crore from GMR Energy for setting up a
gas-based power plant in Andhra Pradesh. - BS

􀂄 Great Offshore stated that it has not received any offer from
Bharati Shipyard and ABG Shipyard for acquiring it and that
Sebi has yet to give its approval for the acquisition. - BS

􀂄 Tata Communications announced that it has entered the
cloud computing space by launching virtualisation

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