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Everonn Systems India Ltd has informed that the Company had signed a share purchase agreement with promoters of M/s. Toppers Tutorial Pvt Ltd to acquire 100% stake in the Company. Toppers Tutorial Pvt Ltd is a leading Bihar based Company, engaged in the business of developing quality content and provides training to students for IIT [...]

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Slow expansion in industrial output due to high interest rates and sluggish agricultural growth are likely to impact India’’s economic growth which is expected to grow moderately at 8.7 per cent in the current fiscal. The gross domestic product (GDP) had grown at 9.6 per cent in 2006-07, which was the highest in 18 years.
The [...]

A limited liability company is a form of ownership. It offers limited liability to its owners, especially suitable for smaller companies with restricted numbers of owners. It can be taxed like a partnership or corporation, depending on how its members, partners, or shareholders file its first taxes. A Limited Liability Company has the advantage of [...]

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This year, the underwriting business of the four public sector general insurers is likely to slip into the black with the transfer of the high loss statutory business to the India Motor insurance Pool (IMIP). The transfer to the IMIP would cause reduce losses incurred due to claims settlements on motor third party liabilities. This [...]

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Bharat Forge Ltd has announced that on February 08, 2008, the Company has signed a Memorandum of Understanding (MOU) with NTPC Ltd, to set up a Joint Venture Company for its foray into the Capital Goods sector.
The MOU was signed in Delhi by Mr. T Sarikaralingam, Chairman & Managing Director, NTPC Ltd and Mr. B [...]

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