India's Deccan seals $1.8bn deal
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Air Deccan orders 30 Airbus planes in a $1.8bn deal as India's first low-cost airline expands in the fast-growing domestic market.
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[Business India]: Bangalore, Dec 21 : Air Deccan, India&#39;s first low-cost no-frills carrier, Tuesday signed a contract with Airbus Industries to acquire 30 A320 aircraft over the next five years to augment its fleet and expand its operations.
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SYDNEY: James Hardie Industries yesterday struck a deal to pay US$1.1bil to compensate asbestos-related disease sufferers, boosting the company&#39;s stock as much as 8% as a 14-month row over funding neared its end.
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Business & money: Britain's best-known Indian food brand is being sold to Associated British Foods in a deal thought to be worth more than Â£100m.
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The Asian Development Bank said it is lending one billion dollars, its biggest ever regular loan, to India to improve credit facilities for its hard-up farmers.
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The company behind the Madame Tussauds and London Eye tourist attractions is bought in a Â£1bn deal.
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Lakshmi Mittal, the steel tycoon, announced a deal to form a $21bn (Â£11bn) giant of the industry yesterday, dubbed the &quot;first super-major&quot; the sector has seen.
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Two leading names in the travel industry were today bought for Â£1.1 billion dollars (Â£563 million) - the second major UK deal by US giant Cendant this month.
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India's biggest discount carrier, Deccan, will merge with liquor baron Vijay Mallya's upmarket Kingfisher Airlines to create the nation's biggest domestic airline, officials said.
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BANGALORE, India  - European consortium Airbus Industrie won its second deal in a week from India&#39;s growing budget airline business, selling 30 Airbus A320 aircraft to Air Deccan.
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Indian liquor tycoon Vijay Mallya bought a 26 percent stake Thursday in Air Deccan, throwing a 5.5 billion rupee (135 million dollar) lifeline to the loss-making discount carrier.
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Scottish &amp; Newcastle, the drinks group that sells Foster&#39;s and Kronenbourg lager in Europe, announced yesterday that it is investing $171m (Â£88m) in the largest brewer in India.
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One of the country&#39;s biggest insurance firms, Royal &amp; SunAlliance, is to transfer more than 1,000 jobs to Bangalore in India.
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UK oil group Burren Energy is buying more than a quarter of Indian firm Hindustan Oil Exploration.
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Indian shares climbed to one-month highs on Thursday as overseas funds piled in after the government raised the limit on foreign holdings in telecoms companies.
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Gordon Brown will offer to $1.8bn (Â£960m) over 15 years to help boost an international vaccination scheme.
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European consortium Airbus Industrie won its second deal in a week from India's growing budget airline business, selling 30 Airbus A320 aircraft to Air Deccan.