Thursday, September 01, 2005

Headline News from India for September 1, 2005

Unlisted companies that raise money through GDR/FCCB, must list at the Indian Stock Exchanges

VAT, a new source of revenue for Indian states

Gartner predicts that mobile companies will net $24 billion in revenues by 2009

Infosys and TCS may get the ABN Amro outsourcing deal

Posco, South Korean steel company, sets up Indian subsidiary

Great Eastern Shipping spins off a new company

Anil Ambani picks up a minority stake on Indian Terrain, a clothing company

Is there a crisis brewing at Escorts, the New-Delhi based company?

Markets on an upward trend

GM to introduce Hummer laptops



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