Prasar Bharati claims its bid higher than Sony
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New Delhi, October 1: The issue of telecast rights for the upcoming India-Australia Test cricket series turned more complex on Friday with the Prasar Bharati saying it was an &quot;aggrieved party&quot; as it was a higher bidder than Sony TV in the original tender
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The keyword this morning for Sony is "up," especially with regard to its performance over the holiday quarter. The PlayStation brand would finally steal the show, if it weren't for Bravia hogging the spotlight.
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Gambro shares traded 3 per cent higher before being suspended on the Stockholm bourse yesterday, on speculation that US competitor DaVita is to buy the Swedish group&#39;s dialysis business for about $3bn.
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"We hope both parties can reach an agreement in the forthcoming weeks, though these are complex discussions and there is still much work that needs to be done before that position is reached."  Ford Motor Co. picked India's Tata Motors Ltd. as the top bidder for its Jaguar and Land Rover units, the Detroit automaker said Thursday. Ford has entered into "focused negotiations at a more detailed level" with Tata, meaning it has become the preferred bidder for the storied British automakers, the company said in a statement. "There is still a considerable amount of work to do, and while no final decision has been made, we will proceed with further substantive discussions with Tata Motors over the forthcoming weeks with a view to securing an agreement that is in the best interests of all parties concerned," Lewis Booth, executive vice president of Ford's European units, said in a statement. Read more
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SHARES in ICI soared to an eight-year high today as the City today bet big on a takeover battle breaking out over the Dulux paints group.
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Business & money: Asian demand continues to lift commodity values as Vale contract heralds even more lucrative deals
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Shares on India's main stock exchange shoot to a record high on signs that a dispute at leading India firm Reliance is coming to an end.
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India's Tata Steel  raised a bid for Anglo-Dutch steelmaker Corus  to an agreed 4.7 billion pounds ($9.2 billion) on Sunday as it seeks to head off a potential counterbid from Brazil's CSN .
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Oracle says its latest bid to purchase PeopleSoft is its &quot;best and final offer.&quot; At $24 per share, Oracle&#39;s offer is higher than PeopleSoft&#39;s 24-week high.
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MUMBAI/SAN FRANCISCO  - Oracle Corp.  boosted its offer for Indian banking software provider i-flex Solutions Ltd.  to $1.3 billion, driving up i-flex shares 17 percent to a record high.
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Wal-Mart Stores Inc. , the  world's biggest retailer, is entering India's sprawling retail  market through a tie up with Bharti Enterprises Ltd., beating  off a challenge from Britain's Tesco Plc .
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Oracle said it had raised its bid for for the bulk of Indian banking software firm iflex Solutions to 1.3 billion dollars in what was its final offer.
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Shares in Swiss-based computer peripherals maker Logitech International SA rose as much as 12 percent on Thursday based on speculation Microsoft Corp would launch a takeover bid, traders said.
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Its net income during the June to September period was 2.69tr won (Â£1.2bn), 46% up on the same period a year earlier. During the period, which is Samsung Electronics&#39; fiscal third quarter, the company said
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HONG KONG/BARCELONA  - Shares in Vodafone are expected to open higher on Monday after it beat rival suitors with an $11.1 billion bid for a controlling stake in Hutchison Essar, India's fourth-biggest mobile phone firm.
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Speculation of a bidding war drove   the shares in Australia's Vision Systems Ltd. VSL.AX up well   above the most recent offer on Wednesday, as a third company   said it was looking at buying the diagnostics firm.
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The share flotation of India's Reliance Power raises $3bn (Â£1.5bn), making it India's biggest initial public offering.