Business, Finance & Stock Market updates for May 6, 2008

BTS India Private Equity invests in Parabolic Drugs Limited
BTS India Private Equity Fund Limited has announced that it will invest around seven million dollars in Parabolic Drugs, a fast growing pharmaceutical company based out of Chandigarh. ANI

Fidelity Fund Management Enters Into a Distribution Tie Up with Federal Bank
Fidelity Fund Management has entered into an agreement with Federal Bank, one of Indias premier private sector banks, for the distribution of its products. ANI

BTS India Private Equity invests in parabolic drugs limited
BTS India Private Equity Fund Limited has announced investing around seven million US dollar in parabolic drugs, a fast growing pharmaceutical company based out of Chandigarh. ANI

Citi India appoints Sandeep Bhalla as Head of Cards Business
- Business Wire IndiaCiti Indias Global Consumer Group today announced the appointment of Sandeep Bhalla as Head of Credit Cards for Citibank India. ANI

DHL opens warehouse cum airfreight office at Bengaluru International Airport
DHL, the worlds leading express and logistics company, today inaugurated a warehouse cum airfreight office inside the new air cargo terminal at the Bengaluru International Airport. ANI

Priyanka Chopra is the new face of Ponds
Bollywood actress Priyanka Chopra is the new face of Ponds across all the brands ranges in India. ANI

Book four Jet Airways flights on cleartrip.com and get a Samsung mobile free
In keeping with giving customers exceptional value, Indias leading online travel agency Cleartrip.com today announced an exciting offer with Jet Airways. ANI

Goan owner of AirAsia in battle to control Malaysian skies
The Goan-Portuguese owner of the budget airliner AirAsia, Tony Fernandes, has announced two subsidised offers to counter Malaysia Airlines (MAS) Zero Fare campaign. ANI

Citi India Appoints Sandeep Bhalla as Head of Cards Business
Business Wire India

Book 4 Jet Airways Flights on Cleartrip.com & Get a Samsung Mobile Free
Business Wire India

BTS India Private Equity Invests in Parabolic Drugs Limited
Business Wire India

Fidelity Fund Management Enters into a Distribution Tie Up with Federal Bank
Business Wire India

Priyanka Chopra Appointed as the New Face of Pond's
Business Wire India

Astral Polytechnik Posts Strong Annual Performance for the year Ended March 31, 2008 - Sales up by 40%, PAT up by 87%
Business Wire India

Harvard Business Publishing Announces Learning Simulations for Popular Management Topics
Business Wire India

More Oil on the Way Thanks to GE, Norway's Sevan Marine, Scottish Company, Chinese and Other International Shipyards
Business Wire India

ExxonMobil to Build Commercial Demonstration Plant to Remove Carbon Dioxide from Natural Gas
Business Wire India

The New Germany Fund, The European Equity Fund and The Central Europe and Russia Fund Announce Annual Stockholders Meetings
Business Wire India

Covidien Reports Second-Quarter 2008 Results
Business Wire India

Automated Financial Systems (AFS) Delivers the Banking Industry's First Basel II Segment Upgrade for Lending
Business Wire India

Ducon Secures FGD System Order for 2x600 MW Udupi Power Plant in India
Business Wire India

Avanade CEO Mitch Hill to Step Down; Board Appoints Adam Warby as CEO
Business Wire India