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Maytas Properties crumbles, IL&FS saves Maytas Infra
Things went from bad to worse since December 2008 for people who purchased bungalows, villas and apartments at Maytas Hill County, promoted by Maytas Properties Limited (MPL) -- the company run by B Rama Raju (Jr), the younger son of Satyam Computer Services founder and former chairman B Ramalinga Raju.

Wheat sowing up on favourable climate
The area under wheat rose a marginal 2 per cent this year on favourable climatic conditions. Late monsoon left adequate moisture content in the soil that suited the wheat sowing for this rabi season.

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Bank of Baroda open to overseas acquisition
The country"s third-largest public sector lender Bank of Baroda (BoB) today said it is open to overseas acquisition if a good opportunity comes across.
Business Ideas

Samsung India to invest $20 mn in 2009

Samsung India Electronics is planning to invest $20 million (around Rs 100 crore) in 2009 to support its turnover target of $2 billion (around Rs 10,000 crore) for the current calendar year. The company also said it would double its export in 2009 to Rs 1,200 crore. Speaking to reporters after launching company"s new range of fully Automatic Washing machines today at Chennai, R Zutshi, Deputy MD Samsung India said that the proposed investment will be used to enhance it"s Noida plant, near Delhi, to one million units from 0.6 million units.


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