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Wipro eyeing acquisitions in Latin America, Africa

DNMUM184575 | 9/8/2010 | Author :Praveena Sharma | WC:383

There may not have been much action on Wipro's 'string of pearl' strategy lately, but it could well be kicked off soon as the soap-to-software company eyes opportunities in Latin Americ

Steel firms may raise prices by year end

DNMUM184576 | 9/8/2010 | Author :Promit Mukherjee | WC:514

Steel companies may go for another round of price hikes in November-December as rising demand, low inventory levels and falling supplies are set to keep the rates firm. Domestic steel manufacturer

KEC Int'l eyes more buyouts in the US

DNMUM184577 | 9/8/2010 | Author :G Seetharaman | WC:320

KEC International, India's largest transmission tower manufacturer, would look at more buys in the US, said chairman Harsh Goenka on Tuesday, after signing an agreement to acquire 100% of Houston

Strike shuts Apollo Tyres Africa plant

DNMUM184555 | 9/7/2010 | Author :Sindhu Bhattacharya | WC:343

Labour troubles have shut Apollo Tyres’ production facilities in Africa for the last six days.The company makes and sells 180 tonnes of passenger and truck tyres under the ‘Dunlop’ brand from

Sensex zooms 338 points to 31-month high, crosses 18,500

DNAHM35254 | 9/7/2010 | Author :Gopal Modi | WC:425

The week began on a cheerful note on the bourses on Monday with the Bombay Stock Exchange’s benchmark index, Sensex, zooming 338.62 points to close the day at 18,560 level. Better than expected job

Cargo profitability’s back, says Iata

DNBAN30210 | 9/7/2010 | Author :Praveena Sharma | WC:276

After slipping to abysmal levels during the economic slowdown, profitability of cargo airlines has returned to heydays. A report by the International Air Transport Association (Iata) says pro

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