Abhijeet Group plans $13.9 billion capex for steel, power plants Steel and mining major Abhijeet Group said it will inject Rs.55000 crore ($13.9 billion) to build steel and power plants in the country, including a 1,200MW power plant and an integrated steel facility in West Bengal. 23 Nov 2007
22.
Citigroup falls on "sell," $15 billion writeoff seen Citigroup Inc shares suffered a fresh beating on Monday after Goldman Sachs & Co downgraded the stock to "sell" from "neutral," and said the largest U.S. bank may have to write off $15 billion over the next two quarters as mortgage losses reduce earnings. 21 Nov 2007
23.
Reliance Cap buys 6 percent in Oriental Hotels Reliance Capital Trustee Co Ltd. bought about 1.06 million shares in Oriental Hotels Ltd, or 6 percent in the company, at Rs.301 a share, data on the BSE Web site showed on Monday. 20 Nov 2007
24.
India unwelcoming to investors, says Virgin's Branson Richard Branson, British billionaire and chairman of the Virgin Group, criticised India on Monday for not making foreign business welcome, saying it was one of the world's most closely protected countries. 20 Nov 2007
25.
Marks & Spencer to set up JV in India Britain's biggest clothing retailer, Marks & Spencer Group Plc., is planning to set up a joint venture in India. 20 Nov 2007
Barclays writes down £1.3 billion Barclays Plc, Britain's third-biggest bank, unveiled a 1.3 billion pound ($2.7 billion) writedown on its exposure to credit market problems on Thursday, less than was feared. 17 Nov 2007
28.
HSBC Q3 profit up, U.S. bad debt charge jumps HSBC Holdings Plc, Europe's biggest bank, said its third-quarter profits were ahead of last year's and revenue growth across the group offset a jump in its charge for bad debts in the United States. 14 Nov 2007
29.
BHP pitches $30 billion buyback at Rio shareholders BHP Billiton has mapped out a plan for acquiring rival Rio Tinto, promising to hand shareholders $30 billion via a share buyback if the deal goes through. 13 Nov 2007
30.
BHP ponders $40 billion sale of petroleum arm: Report BHP Billiton, the world's biggest mining group, is considering the sale of one of its largest units, BHP Petroleum, to help finance a hostile takeover of Rio Tinto, the UK Sunday Times newspaper reported. 12 Nov 2007
