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Cognizant acquires US consultancy firm
Nasdaq listed IT company Cognizant Technology Solutions Corp today announced the acquisition of Pepperweed Advisors, the IT consulting services division of US-based Pepperweed Consulting, for an undisclosed sum.

Clinton deal lowers HIV drug cost in poor nations
Agreements between former President Bill Clinton"s foundation and two drug companies will lower prices on medications for patients with drug-resistant HIV in the developing world.

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LG India to spend Rs 500 cr on R&D and advertising this year
Electronics major LG India plans to invest Rs 500 crore on research and development activities as well as advertising home appliances this year.
Management

Ahluwalia Contracts bags four orders worth Rs 242 cr

Construction firm Ahluwalia Contracts India today said it has bagged four orders worth Rs 242 crore from various vendors for construction-related works. - Subhash Projects bags Rs 212 cr order - Roman Tarmat bags Rs 24.58 cr contract for Chennai Link Rd - Era Infra bags Rs 118 cr project from Aravali Power - Ahluwalia Contracts bags order worth Rs 219.23 cr - Ahluwalia Contracts secures Rs 353cr orders - Contractors shift from realty to govt projects The company has bagged a Rs 116.45-crore order for the construction of a metro train depot for the Bangalore metro rail project, Ahluwalia Contracts said in a filing to the Bombay Stock Exchange (BSE). The company has also received a Rs 65.67-crore project for a structural and civil works project, a Rs 25.91-crore order for HDIL Metropolis project and a Rs 34-crore order for miscellaneous works, the filing said. Shares of Ahluwalia Contracts settled at Rs 167.05 on the BSE, up 1.18 per cent from its previous close.


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