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Johnson & Johnson expands portfolio; launches Neutrogena brand
Health and skin care products maker Johnson & Johnson today announced the launch of its global beauty care brand "Neutrogena" in the domestic market with an aim to be one of the top five companies in India.

N Murthy sells Rs 177 cr Infy stock for VC fund
Nearly three decades after he co-founded Infosys Technologies with six others, N R Narayana Murthy has initiated the first step towards starting a venture capital (VC) fund focused on India. The Infosys Chairman, during the past two days, has offloaded 800,000 shares from his personal holding, to raise about Rs 177 crore.

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Spinning mills in Punjab to benefit from global recovery
The spinning mills of Punjab which were severely hit by the global financial meltdown are now gearing up to utilise higher capacities as the green shoots of recovery are visible in the international market.
Business Opportunities

Mahindra Satyam gains 4%

The stock jumped 4.24 per cent to Rs 103.15 after Mahindra Satyam won an IT outsourcing contract from Swedish defence and aerospace firm, Saab. - Have a windfall, use it wisely - Hari Narayanan to head Satyam"s biz dev in Japan - Mahindra Satyam ties up with defence firm Saab - Mahindra Satyam partners with Saab for defence solutions - Mahindra Satyam appoints Vadrevu for strategic initiatives - Mahindra Satyam to position itself as ICT company The company will develop solutions in India for the global defence and homeland security market. The company and Saab have already initiated moves to set up a Centre of Excellence for Network Centric Warfare. One of the activities under this initiative is that Mahindra Satyam and Saab will jointly address the battlefield management system for the Indian Army.


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