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Kotak bets big on M&A deals, ties up with Russian bank
Betting big on the growing India-related M&A deals, private-sector lender Kotak Mahindra Bank today entered into a pact with Russian investment bank, Renaissance capital, to advise cross-border transactions.

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Rallis India Sep qtr net up 9.9% to Rs 45.71 cr
Tata Group firm Rallis India today reported 9.90 per cent rise in its net profit at Rs 45.71 crore for the quarter ended September 30.

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Lanco Solar plans 200 Mw solar PV project in Gujarat
Lanco group, through its newly formed special purpose vehicle Lanco Solar is planning to invest close to Rs 4,000 crore for setting up solar projects in the state.
International Business

Mittal donates for 2012 London Olympics art installation

NRI steel tycoon Lakshmi Mittal has donated 15 million pounds towards creation of a landmark art installation in East End in honour of the 2012 Olympics. - Orissa to access local mood before Lee visit to Posco site">Orissa to access local mood before Lee visit to Posco site - 'It was only growth that eluded us' - Posco, Mittal give reassurance on Orissa steel plants - AP Grameena Bank selects IBM"s hardware platform - Orissa project not deferred, says ArcelorMittal - Tractor ancillaries on high growth path Mittal decided to make the donation at the instance of London Mayor Boris Johnson, "Evening Standard", a tabloid has said. The scale of the steel installation is colossal and is expected to be visible from up to 16 km away. Mittal was this year named the eighth richest person in the world and one of the richest in UK, with a personal fortune of 12 billion pounds.


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