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Tuesday, January 22, 2008
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Mayhem in stock markets
Sensex crashes 1408 points on global cues

ONGC third quarter net profit dips
The company will invest about Rs. 16,000 crore in exploration and production

Air India looking for leasing more aircraft: Thulasidas
The airline will join Star Alliance in 12 to 18 months

RBI says global outlook more uncertain
MUMBAI: Global financial markets have become much more uncertain than before and the Reserve Bank of India will consider a possible slowdown in the U.S. economy while reviewing its monetary policy, RBI Governor Y. V. Reddy said here on Monday. ...

Satyam net profit up 29 p.c.
Acquires U.S. consulting firm for $35 million in an all-cash deal

Sona Okegawa to buy German forging co.
NEW DELHI: In a major development, Sona Okegawa on Monday announced that it has entered into an agreement to buy precision forging business of Germany’s ThyssenKrupp, which has a turnover of Rs. 1,740 crore. This deal is seen to be one ...

Ranbaxy, GlaxoSmithKline reach settlement
MUMBAI: Pharmaceutical major Ranbaxy Laboratories on Monday said it has settled all matters relating to possible patent litigation with GlaxoSmithKline regarding the Sumatriptan Succinate Tablets, used for treating migraine. Sumatriptan ...

Sharp fall in rupee
MUMBAI: The rupee fell 26 paisa to 39.5550/5650 against the dollar, its lowest in almost a month, largely due to a meltdown in equity markets. Asian markets, mainly China, Hong Kong, Singapore and Japan ended with a huge loss in a ...

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