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Bharati's open offer for Great Offshore from Dec 3
Bharati Shipyard today said its open offer for a 20 per cent stake in offshore drilling firm Great Offshore will open from December 3 to December 22.

Madhukar Sabnavis: Storytelling 2.0
Madhukar Sabnavis / New Delhi December 04, 2009, 0:34 IST

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'Deal values will rise further'
Flagging investor segment ensured that merger and acquisitions, and private equity (PE) activity paled in 2009 in comparison with 2008. PE deal value took a 65 per cent knock in 2009 with deal volumes barely crossing $4 billion as compared to $11.96 billion in 2008. Harish H V — partner, National Management at investment advisory Grant Thornton, shares his views to Ravi Menon on what lies ahead.
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Several mines explode along LoC

Several mines exploded along the Line of Control (LoC) when a fire broke out in the area, defence officials said today. - Varun Energy acquires Madagascar uranium mines - IBM suspends operation of Thakurani mines - Suzlon to supply 15 units of wind turbines to RSMML - Centre bans mining at six mines in AP - Govt initiates process for setting up Mineral Development Fund - Miners seek graded royalty on ore The fire which broke out from Kulgori forest belt in Pakistan Occupied Kashmir (PoK) close to the Line of Control in Balakote belt of Poonch district last night has now been controlled, they added. The fire spread to this side of LoC in Cheer, Rani Tikri and Chatali forest belts in Balakote and as a result of which several mines planted along the borderline to counter infiltration exploded, they said. "The fire has been extinguished this morning and there was no loss of life or injury to any jawan posted along the forward areas along LoC," Brigadier General of Staff Gurdeep Singh said.


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