VSNL officers' association asks Centre to safeguard employees' interest
Fearing large scale retrenchment in the event of the strategic partner getting management control in VSNL, the Federation of VSNL Officers' Associations has written on Friday to the disinvestment minister Arun Shourie and communication minister Ram Vilas Paswan, asking them to safeguard the employees' interest.

Foster's India plans acquisitions to expand domestic operations
Foster's India is planning to take the acquisition route to expand its operations in the country. The company is also planning to make an additional investment of Rs 35 crore towards its Indian operations.

AMP Henderson, Ind Asia Fund in 50:50 joint venture
AMP Henderson Global Investors, Australia's largest financial services company has entered into a 50:50 JV with IFA, the private equity advisory company headed by Mr Pradip Shah.


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