ü CBI Likely to Make Suneeta Reddy Witness in Aircel Case:
o The CBI may use Apollo Hospital’s Joint Managing Director Suneeta Reddy as a witness to shed light on the Aircel-Maxis Deal.
o CBI had searched Reddy’s residential and office premises in Chennai on Monday.
ü 3G Roaming Deals between Vodafone, Bharti, Idea are ‘Illegal’: DoT Wing
o An Internal wing of the telecom department (DoT) has ruled that the 3G roaming agreements between Bharti Airtel, Vodafone Essar, and Idea Cellular are Illegal and has asked the department to initiate action against the three mobile phone companies.
ü GE Energy Financial Services is investing $50 million in the wind energy business of renewable energy company Greenko, endorsing the strategy of the AIMS – Listed company and expand the entry point for GE to enter the Wind Farm business in India.
ü Travel Companies are slashing their holiday packages prices to the south-east tourist hot spots, favored by most Indians, by atleast 10% encouraged by a surprising one-third decline in Air Fares.
ü Infosys Technologies is likely to lower its revenue guidance for FY 12 by 1-2% from an earlier forecast as US and Europe, its main markets, continue to face macroeconomic, uncertainties.
ü Singapore based Parkway Holdings has emerged as a favored bidder for sterling hospitals, an Ahmedabad based group controlled by private equity player Actis, parkway could pay Rs 700 cr if the deal is consummated.
ü Real Estate group Unitech locked in a worsening war of words with telecom company Telenor, has offered to buy its Norwegian partner’s 67.25% stake in their mobile venture Uninor for Rs.269 cr, Escalating hostilities between the two.
ü Lenovo Launches Tablets In India:
o The Chinese manufacturer, which owns the Thinkpad brand, has come up with Tablets designed specifically for enterprises with security features, in addition to models for consumer use.
o It would range from about Rs 15,000 and going up to Rs 40,000with 7inch and 10 inch displays.
ü Steve Jobs’ death raises questions about Anonymous philanthropy.
ü Yahoo ! has sold its stake in the company that owns the online matchmaking portal bharatmatrimony.com , valuing it at Rs.900 cr. , Three global venture funds have acquired the internet search provider’s 12% stake in the Consim, which also runs other online classified portals.
ü Executives tell Obama how to create jobs:
o US president Barack Obama could create millions of jobs by attracting more foreign capital to the US, helping entrepreneurs and being more aggressive in energy.
Have a nice day !!
Regards,
Karan
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