Business News

Punj Lloyd gets $800 mln Qatar Pet contract Posted: 23 Sep 2008 02:49 AM CDT MUMBAI (Reuters) - Engineering and construction firm Punj Lloyd Ltd said on Tuesday it had got a pipeline-laying contract from Qatar Petroleum worth $800 million.

Oil falls $2 after historic one-day surge Posted: 23 Sep 2008 02:42 AM CDT By Fayen Wong

Etisalat to tie up with India's Swan - minister Posted: 23 Sep 2008 02:33 AM CDT NEW DELHI (Reuters) - Emirates Telecommunications Corp (Etisalat) is going to tie up with India's privately held Swan Telecom, India's telecoms minister, Andimuthu Raja, told reporters at an industry event on Tuesday.

Serpentine queues bad for business and profits Posted: 23 Sep 2008 02:28 AM CDT Washington, Sep 23 (IANS) Waiting in serpentine queues is bad for business, whether it involves depositing money in the bank or paying for groceries or availing services, according to a study.

Security guard at Tata's Singur plant beaten up Posted: 23 Sep 2008 02:27 AM CDT Singur/Kolkata, Sep 23 (IANS) A private security guard at the Tata Motors plant in Singur in West Bengal was beaten up by a group of unidentified men even as work at the factory once slated to roll out the world's cheapest car Nano continued to be suspended for the third week running.

PNB Housing plans to sell 25-26 pct stake Posted: 23 Sep 2008 02:12 AM CDT MUMBAI (Reuters) - PNB Housing Finance Ltd plans to sell between 25 percent and 26 percent stake to an investor as part of its pre-IPO placement and expects to finalise transaction details by December, a top official said on Tuesday.

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