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FMC objects to ICEX's midnight trade move
Bourse says it can trade in tandem with Nymex.

Latha Jishnu: The WIPO knife edge
Latha Jishnu / New Delhi November 26, 2009, 0:28 IST

News of the day

Power capacity addition target missed in Apr-Sept
Fresh power capacity addition has fallen short of target by nearly a third in the first half (April-September) of the current fiscal, owing to delays in the supply of critical components in thermal projects, delayed forest clearances and non-availability of fuel for a nuclear power project.
Management

Zylog Systems eyes acquisition in Canada

IT firm Zylog Systems today said it is eying acquisition in Canada and its board has given approval to go-ahead with the bidding process. - Zylog launches VoIP services in Gujarat - Zylog to invest Rs 210 cr on Wi-Fi; aims Rs 550 cr revenue - Zylog plans Rs 500 cr infra spend, eyes Singapore firm - Zylog Systems ties up with Aptilo Networks for back-end services - Zylog lines up Rs 200cr The board, at its January 9 meeting, approved "proposed acquisition in Canada and authorised the company to go ahead with the bidding process on the basis of the recommendation of the Merger and Acquisition committee", Zylog Systems Ltd said in a filing to the BSE. "In the event of successful bidding, board has authorised the company to go ahead with the acquisition process,"it said.


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