There would be no job losses at Arcelor's European plants under President Mittal
Media Release
Jun. 26, 2006

According to the details of the merger, L N Mittal would be President of the new steel giant with a 49.4 per cent stake. The group also ensured that there would be no job losses at Arcelor's European plants.

There would be no job losses at Arcelor's European plants under President Mittal
Media Release
Mittal plans to use Arcelor to after Ryssian and Chinese steel plants....
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The next outsourcing wave to India -high-end laboratory and diagnostic testing
Media Release
Indian labs offer a comprehensive test menu - over 1,500 tests under one roof. A number of hospitals in the US and UK are outsourcing laboratory and diagnostic tests to India as it costs about 70 to 80 per cent less to conduct them....
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Birla outsourcing buys Canada’s largest back office provider Minacs Worldwide for $125 million
Media Release
Transworks, the business process outsourcing arm of the Aditya Vikram Birla Group, on Saturday said it will buy out Canada’s largest back office provider Minacs Worldwide for $125 million...
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Indian companies are helping to revive US firms facing financial problems : Commerce Minister Kamal Nath
Media Release
American public should be educated about the role played by Indian companies in creating thousands of jobs ....
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Reserve Bank of India’s provisional data released on Friday shows FDI in India has peaked at $7.21 billion
Media Release
While this is definitely about a billion dollar less, the RBI June bulletin shows that it is India’s highest-ever FDI inflow.
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No serious efforts are being made in India so far to build real large SEZs : Morgan Stanley
Media Release
Ever since the new SEZ policy was approved in February this year, the government has already recieved above 100 applications to set up SEZs, but no serious efforts are being made so far ...
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EDS today announced that it has completed the acquisition of majority stake in MphasiS BFL by acquiring 83 million shares
Media Release
EDS today announced that it has completed the acquisition of majority stake in MphasiS BFL by acquiring 83 million shares (approximately 52%) for approximately $380 million in cash.
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With aim is to capture 20 per cent of the PC and notebook market by 2010, Japanese IT major Fujitsu targets major expansion in India
Media Release
Aiming to be among the top five companies in the personal computer and laptop market in India by 2010, Japanese IT major Fujitsu on Wednesday said it had plans to capture about 20 per cent of the market in another four years time.
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Hyderabad-based Dr Reddys Laboratories launched the generic version of Merck & Co's prostate cancer drug Proscar in the US market after the expiry of its patent
Media Release
As per our agreement with Merck, we have the permission to launch our version of the drug in the US if a 180-day marketing exclusivity period was granted to any other company : DRL spokesperson said from Hyderabad.
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