RIL may buy out DCL Polyester's unit
The Rajus-controlled DCL Polyester has started negotiations with Reliance Industries (RIL) for the sale of its polyester filament yarn (PFY) plant in Nagpur, Maharashtra, setting the stage for yet another major take over in the polyester industry.

AV Birla group acquires LBI control via arms
The Aditya Birla group on Thursday unveiled its plans to make an entry into the online world. While steering clear of numbers, the group chairman Kumar Mangalam Birla announced a management control in

Maruti Udyog plans to refashion Esteem, may roll out a diesel version
Maruti Udyog, which recently made its entry into the top end of the mid-size car segment with its Baleno, is now planning to revamp its 1,300cc Esteem to take on the scaled-down version of the Ford Ikon in the


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  Briefing
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