CLP to light up Mangalore project with local partner as Cogentrix pulls out plug CLP International, a unit of Hong Kong's CLP Holdings Ltd, said on Saturday that it had parted ways with US partner Cogentrix in the $1.3-billion Mangalore power project. L&T Information Technology eyes buyouts Joining the acquisition bandwagon of infotech companies, the Mumbai-based L&T Information Technology Ltd (LTITL) has set its eyes on companies operating in the areas of healthcare, financial services, telecom and e-commerce. Walden earmarks $33m to invest in domestic ventures Walden International Investment Group (WIIG) has decided to fund Internet ventures in the country. Walden will invest about $33 million in a phased manner in different start-up infotech, pharma and other companies. The venture capital fund has already injected close to $30 million from its $63 million kitty. Passenger-car sales rise 56% in Apr-Dec Passenger car sales jumped by 56% during the first nine months of the current fiscal riding on increased demand for Hyundai Santro, Telco Indica, Daewoo Matiz. Top executives keep busy hitting boundaries What does Peter Mukherjea, CEO, STAR TV India, do when he's not striking deals? Quite simple, he plays cricket. Mukherjea is part of a long list of top-notch executives who participate in cricket tournaments to bring down the level of stress they experience at work. Daewoo debt recast pact South Korea said on Saturday that leading foreign creditors had reached a debt restructuring agreement with troubled Daewoo group, once one of the country's mightiest conglomerates.
CLP to light up Mangalore project with local partner as Cogentrix pulls out plug
L&T Information Technology eyes buyouts
Walden earmarks $33m to invest in domestic ventures
Passenger-car sales rise 56% in Apr-Dec
Top executives keep busy hitting boundaries
Daewoo debt recast pact