Tuesday, August 31, 2010

UNITED BREWERIES to sell Mangalore Chemicals & Fertilisers to reliance

UNITED BREWERIES: In talks with RELIANCE INDUSTRIES to sell part of its stake in Mangalore Chemicals & Fertilisers.

Department of Telecommunication could fine six telecom
companies that have delayed the launch of their mobile services
DoT has the authority to cancel licences of mobile phone companies, which
have not started their services even a year after getting a licence.
Companies such as Videocon, Sistema, Uninor, Loop, S Tel and Etisalat DB
are accordingly likely to face fine
HOTEL shares may show some +ve trend as EIH stake sale to Reliance Industries at 184.10 rupees a share, a 22% premium to its close market price on Monday.

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