ABB Holdings seeks nod to buy out German company in Thapar venture
ABB Holdings has put in a proposal seeking government's approval to buy out Hartmann & Braun's 51% equity stake in CG-Elsag Bailey.

HPCL, MRPL may trim stake in Petronet pipeline
Hindustan Petroleum Corporation and Mangalore Refinery and Petrochemicals have, in an unexpected development, indicated their intention to pare their stakes in the Mangalore-Bangalore pipeline to 13% each from the originally planned 26% apiece.

NIIT on the prowl; shortlists 20 US software companies for acquisition
Global IT solutions major NIIT has shortlisted 20 United States-based software companies as part of its acquisition drive, NIIT chief executive officer Vijay K Thadani said.

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