Infosys spins off employee firm Onscan
Software blue chip Infosys Technologies Ltd said on Monday it had spun off Onscan Inc, a wireless Internet solutions firm formed by a group of its employees and incubated by Infosys, as an independent company.



ABN Amro syndicates $250 mn Reliance Petro L/c
ABN Amro Bank has concluded the syndication of a $250 million letter of credit (L\c) facility for Reliance Petroleum Ltd. The transaction, concluded last week, is the first-ever of its kind.



Sebi to list price-sensitive corporate info
In yet another step to improve disclosure norms, the SEBI proposes to amend listing agreements to make it mandatory for Indian corporates to file all share price sensitive information with the regulator which would be put up on a website.



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