Religare Hichens Harrison today appointed Nikhil Bahel as its managing director (MD).

News URL: http://myiris.com/newsCentre/storyShow.php?fileR=20091222182305194&dir=2...

Lyondell Chemical Co `plans to reorganize by repaying its $8 billion bankruptcy loan
in full and giving an equity stake in the new company to lenders,
including sponsors of a $2.8 billion rights offering. The plan,
outlined in US Bankruptcy Court in Manhattan, “won’t preclude Reliance
from making a bid if it chooses to do so,” said LyondellBasell
spokesman David Harpole.

News URL:  http://www.bloombergutv.com/industry-news/other-industry-news/40132/lyon...

Nucleus
Software Exports has announced that Bai Tushum and Partners, a
non-banking finance company, of Kyrgyz Republic, has chosen Nucleus`
FinnOne for its core banking operations across all divisions.

Shares
of the company gained Rs 17.65, or 14.28%, to trade at Rs 141.25. The
total volume of shares traded was 1,150,287 at the BSE

Indowind Energy said that it plans to raise Rs 1 billion for expanding the capacity.

Shares of the company gained Rs 5.1, or 10.81%, to trade at Rs 52.30. The total volume of shares traded was 257,018 at the BSE

Union Bank of India has informed BSE regarding a Press Release dated
December 03, 2009 titled Union Bank inaugurates its representative
office in Sydney.

News URL: http://money.rediff.com/companies/news/554342

Come New Year, cars will be costlier with automakers like Toyota and General Motors on Tuesday saying that they will hike prices by up to three per cent
due to rising input costs, while the country's largest car maker Maruti
Suzuki India is still evaluating the situation.