Financial Express - India's leading business newspaper from the Indian Express Group

IndusInd Bank, Centurion in merger talks

Indusind Bank is in merger talks with other domestic banks. According to industry sources, Centurion Bank has emerged as the frontrunner for merger with the Hinduja-controlled bank.

P&G to kick off mega e-nitiative

Consumer products major Procter & Gamble is on the verge of kicking off a major e-commerce initiative in India. P&G country manager Gary W Cofer told The Financial Express "Procter & Gamble is estimated to grow at 20% in the next six to 12 months."

Max India picks 71.4% stake in HealthScribe India

MAX India has acquired a 71.4 per cent stake in HealthScribe India, a subsidiary of HealtScribe Inc of the US, for $8.5 million (Rs 37.04 crore).

Creative Eye to re-launch initial float at `investor-friendly' price

Perhaps for the first time in recent history, a company has decided to relaunch its IPO. Creative Eye, whose book-building part closed on July 6 has decided to re-launch its IPO at a later date.

Bandwidth feast set to make India Dotcom a hit

India's hunger for entertainment, a liberalised expansion of telephone networks and dizzying growth in software are together driving a boom in bandwidth investment.