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DB Corp betting big on expansion
Fp Editors •DB Corp is betting big on its expansion in Maharashtra and Bihar. The new launches may affect profitability initially, but the company expects to break even in a couple of years. <br /><br />
AOL in a shopping frenzy, says no thanks to private equity
Fp Archives •Going private can wait for AOL, at least for now. Its priority is a strategy to execute a turnaround. Retaining its independence is what counts for its CEO Tim Armstrong.<br /><br /> <br /><br /> <br /><br />
Petrol car degrowth? Diesel cars to spur sales, says Maruti
Fp Archives •Diesel car sales are expected to rise by 150,000 in 2012/13 while sale of petrol cars fall by 50,000, said the company.
Essar, PE firms in talks to raise $600 mn for IT services arm
Fp Archives •This would be the second global listing from the $17-billion conglomerate, after it raised $2.5 billion in London listing of its energy arm in 2010.
Is bankrupt Saab as good a buy as Ssangyong for Mahindra?
Fp Staff •SAAB could bring in tech, R&D infra benefits, says Pawan Goenka, president of the automotive business at Mahindra & Mahindra.
Piramal Healthcare to exit Vodafone in 12-18 months
Fp Staff •At a press conference in Mumbai, Ajay Piramal said that he is looking at Vodafone as only a short-term investment.
Biocon to list services unit in 18 months
Fp Archives •Mazumdar-Shaw also said Biocon is focusing on posting $1 billion in revenue in three to five years, helped by growth in its insulin business.
GM's new avatar: Not just auto, solar too
Fp Archives •General Motors seeks to reinvent itself with its new capital venture unit, GM Ventures and is looking for innovations in technology to help boost the company image and its future.
We aim to bag orders worth USD 1 billion every quarter: Suzlon
Fp Archives •The wind industry is rapidly evolving. The center of gravity has shifted to emerging markets, which are re-shaping the renwable energy sector.
Honda's Brio: Can it gain at Maruti's expense?
Fp Editors •While the upgraded model of the Swift has received a flurry of orders, the labour problems of Maruti might mean an opportune moment for Honda.