Peabody Energy is quite happy with the deal in which it has overtaken Macarthur Coal Ltd. for 5.2billion dollars.

Riding high over a string of recent developments, the cola giant, Coca-Cola is reportedly set to invest a sum of $US4 billion in China for the purpose of expanding the firm.

They are of the view that China is a fast growing market and has enormous potential for growth and development in the field. The further revealed that this is a long term plan and has taken a span of 3 years to develop, which begins next year.

The Real estate developer Dynamix Balwas Realty revealed that its individual net profit increased 6% amounting to 868.43 million rupees. The Company revealed about its plans of investment in another organization in order to expand its asset collection.

The Company ‘s Managing Directors are Vinod Goenka and Shahid Balwa, who hold 80.92% in the DB Hospitality Ltd, while the rest is owned by private equity funds, including IIRF Holdings VIII Limited and IL&FS Trust Company Limited.

Lafarge, a French company finally received a break on Friday, from a lawsuit on environmental Clarence (EC) filed on the project of 3 million ton cement plant in Mandi district. The Himachal Pradesh High Court has done away with the lawsuit.

The Ford Motor Corporation was focusing on the establishment of its strong hold on the Asian market, but was taken aback after a major fall in its net profit from April to June. The company witnessed a fall in its net income by 8%, amounting to $2.4 billion, for the period of Aril to June.

India’s one of the largest software services exporters, Tata Consulting Services is looking forward at expanding its market shares in Latin America, Middle East and Asia. The announcement was made by the Chairman Ratan Tata during the company’s annual shareholders meeting.

The world’s second-largest consumer-goods company, Unilever employed Harish Manwani as the Chief Operating Officer for its units in Asia, Africa and central and Eastern Europe. Mr. Harish was going to take the charge on September 1, revealed the London- and Rotterdam-based company.

Auto major Tata Motors declared that its small car Nano has surpassed the coveted 10,000 unit sales mark during the last month with the sales of the ''lakhtakia'' hitting 10,012 units, up by 184% as against April 2010.

The company has sold 1,10,794 Nano units by April end.

Spice Mobility Ltd has declared that it will make an investment of Rs 1,000 crore during the existing fiscal in a bid to relocate itself as a mobile Internet company.

At the present time, the company is principally centered on the mobile phone section.

Under the novel plan, Spice will combine all its different sections comprising mobile devices, retail outlets and value-added services into one.

Samsung Electronics has rolled out Nexus S smartphone in the country.

Developed in affiliation with Google, the newly launched phone is powered by Gingerbread (Android 2.3 platform).

While addressing media people, Mr. Ranjit Yadav, Country Head, Samsung Mobile and IT, stated that this was the initial phone from Samsung boasting a four-inch super clear curved LCD screen and near field communication