Tuesday, August 30, 2005

Headline News from India for August 31, 2005

The stock market rallies and is up 100 points

Finance Minister Chidambaram clarifies fringe benefit taxes

4.1 earthquake n Maharashtra yesterday

Trent Group buys 70% stake in Landmark, a books and music retailer chain

JB Chemical and Pharmaceuticals may buy a Russian company

IL&FS Venture may buy a stake in Gokuldas Images, textiles company

Westbridge Capital closes a $200 million fund

BMW selects Chennai to set up its assembly plant

MSN acquires net telephony company Teleo

Motorola and Apple to introduce iTunes phone

"Software Packages," designed for body and soul



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