INDIAN ECONOMY

NALCO eyes coal mines in Indonesia
NALCO has shortlisted two to three coal mines in Sumatra Island to secure supplies for its power plant in Indonesia.ArcelorMittal posts net income of $2.37 bn
The Co has recorded an increase of 5.37 per cent as compared to the last year.
‘HP-EDS deal to be biggest in global tech'
Proposed acquisition of EDS by HP is the largest M&A deal in the global technology space in 2008.
DuPont targets $1 bn revenues from India
Global science services firm DuPont is targeting revenues of one billion dollar its Indian arm.
Indian Oil to raise Rs 5.9 bn via bonds
State-run Indian Oil Corporation Ltd will sell oil bonds to raise 5.9 billion rupees.
Lloyd Electric to acquire Czech firm
Air conditioner coil maker Lloyd Electric announced the acquisition of Luvata Czech in Prague.
Vijay Bhatnagar appointed ArcelorMittal India CEO
World's largest steelmaker ArcelorMittal has appointed Vijay Bhatnagar as the new Chief Executive Officer for its India operations.
NALCO not to be privatised: Rahul Gandhi
The profit making Orissa- based public sector undertaking NALCO will not be privatised, Rahul said.
GAIL FY 2007-08 net at Rs. 2,601 cr
GAIL India posted a net profit before tax at Rs 1,098 crore in the fourth quarter of 2007-08.
Coca-Cola seeks more acquisitions
Coca-Cola is seeking more acquisition opportunities in the market to expand its revenue sources.
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TAKEN FROM FINANCIAL EXPRESS