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South Asian Observer
The First Online South Asian News Source in Canada
Satyam board discusses expressions of interest by bidders
( 13-Mar-2009 )

New Delhi, Mar 13 (ANI): The Satyam board on Friday met to discuss the expressions of interest (EoIs) submitted by bidders, which includes one of its shareholders Larsen & Toubro, Tech Mahindra and Spice Corp.  On Thursday Satyam had closed registrations for potential bidders as it began a process ....
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TATA-owned Land Rover offered 27 million pounds to produce ''Green Car''
( 12-Mar-2009 )

London, Mar.12 (ANI): The British Government has offered a grant of up to 27 million pounds to TATA-owned Jaguar Land Rover for the production of a new ''green'' car.   According to a Sky News report, the company will make a decision later this year on whether to go ahead with the 400 million pou ....
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Steel baron Mittal, Ambani brothers among Forbes? top-ten super-rich
( 11-Mar-2009 )

Washington, Mar 10 (ANI): Twenty-four Indians have made it into the Forbes magazine’s list of ‘World’s Richest’ with Steel tycoon Lakshmi Mittal in fourth place.   Four Indians made it to the top 10, including Mukesh Ambani, Anil Ambani and K. P. Singh in the fifth, sixth and eighth place ....
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Volvo India takes up rigorous cost cutting measures
( 11-Mar-2009 )

Bangalore, Mar.11 (ANI): As growth slows down, Volvo India, the Indian arm of Sweden-based heavy bus and coach manufacturer, has resorted to rigorous cost cutting measures. "Recession has affected everyone and Volvo buses is no different. High growth rates which were there six months back ...more o ....
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RPTL signs power transmission agreements with western region entities
( 10-Mar-2009 )

Mumbai, Mar 10 (ANI): Reliance Power Transmission Limited (RPTL), a wholly-owned subsidiary of Reliance Infrastructure, has signed power transmission agreements with eight entities from the western region for two state power transmission projects - B and C. RPTL has signed the agreements through it ....
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