MFL plans expansion in State Muthoot Fincorp Limited (MFL), Thiruvananthapuram based NBFC (non-banking finance company), is investing Rs 3 crore to ramp up its branch network in Karnataka to 45 branches from 20 by March 2008.
Heidelberg Cement HeidelbergCement AG, Germanys largest cement maker, on Tuesday, agreed to buy UK-based Hanson Plc for about 8bn (US$15.8bn) to create the worlds second-largest firm in construction materials.
The Reuters building is seen in Bangalore, on Tuesday. Reuters agreed on Tuesday to a $17.2 billion takeover by Thomson that would vault the combined entity ahead of Bloomberg to become the world's largest financial data and news provider. AP
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