Cummins to sell power generation rental business
MUMBAI, Nov 20 (Reuters) - Engine maker Cummins India Ltd (CUMM.BO: Quote, Profile, Research) said on Thursday its board has approved sale of its power generation rental business for a minimum of 290 million rupees. Cummins has proposed to sell the
Babcock & Brown Residential requests trading halt
Babcock & Brown Residential Land Partners Group requested a trading halt on November 20, pending an announcement regarding its relationship with Babcock & Brown. Trading will resume on November 24 or on an earlier announcement.
Last gasp for Babcock
Bang in the wake of its one-minute-to-midnight restructure, one of Babcock & Brown's offshore banks has moved to protect its security by freezing funds on deposit. We don't know the identity of the bank yet nor the figures involved but as Babcock