Satyam Computer Services on Thursday asked the World Bank to withdraw the statement about the Indian outsourcer which the company considered were inappropriate

The domestic equities market is likely to open on a watchful note due to bad economic news from across the globe. Wall Street ended trade on Wednesday with minor gains on dour economic news and markets in Asia traded with modest profits on concerns about the intense recession in the region. Nevertheless, participation by FIIs is expected to remain subdued as most financial institutions in the US and Europe are closed on account of Christmas.

Reportedly, Maruti Suzuki, India’s largest passenger car maker considers a reduction in production if demand fails to improve due to a downturn in the economy and particularly in the automobile sector throughout the world.

Piramal Healthcare’s shares have advanced by a percent to Rs231

The wholly owned subsidiary of GVK Power and Infrastructure

Deep Industries has acquired the bid for Block No. SRONN2005/I at Satpura Rewa in Chattisgarh. The block covers 789 Square Kilometers of area.

Aurobindo Pharma has gone up by over 3% to Rs155

Fortis Healthcare has declared that the Board of Directors of the company has sanctioned to raise funds by way of issue of equity shares with warrants on right basis aggregating to Rs10bn (excluding the value of warrants, as and when exercised).

The Paradip plant of Indian Farmers Fertilizers Cooperative (IFFCO) focuses total production of over 15 lakh tonnes of phosphatic and complex fertilizers by this fiscal end against a production of 9.42 lakh tonnes in last fiscal.

Unitech promoter Ramesh Chandra and his family contemplate to offload their 25% stake in Orissa Sponge Iron & Steel.