Links for 19/3/07

Ten held over India police firing
BBC Online
Investigators in India have arrested 10 people in connection with police violence on Wednesday in West Bengal.

Sainsbury war looms as suitors test waters
Financial Times
Prospects of a full-scale bidding war for J Sainsbury grew yesterday as the supermarket group attracted fresh predators and the original CVC-led consortium met pension trustees.

India Media Fund to float on AIM in a fortnight
Hemscott
India Media Fund, which plans to offer international investors controlled access to India's media market, will float on the AIM in a fortnight, Indian newspaper The Hindu Business Line reported quoting the Press Trust of India.

Land battles threaten POSCO’s Indian steel project
Reuters
A tense stand-off with farmers unwilling to give up their land threatens India's largest-ever foreign investment project, a $12 billion steel plant planned by South Korea's POSCO.

DCS market is thriving in Asia
Processing talk
Strong economic activity in Asia is spurring the growth of manufacturing, which in turn is propelling the growth of the automation market in the region, creating a thriving market for DCS systems.

France’s Danone, India's Wadia Group likely to dismantle Indian JVs
ABC Money
Groupe Danone and India's Wadia Group may soon decide to part ways amicably resulting in the dismantling of their two Indian joint ventures, Britannia Industries and Wadia BSN, the Indian daily Business Standard reported citing a source familiar with the negotiations.

Pfizer India Sells Property for $63 Million
Reuters
Pfizer Ltd. (PFIZ.BO: Quote, Profile , Research), the Indian unit of drug maker Pfizer Inc. (PFE.N: Quote, Profile , Research), said late on Saturday it had sold a property in north India for 2.78 billion rupees ($63 million).

China, India rise a spur for ASEAN members to grow closer
Monsters and Critics
The rise of China and India has presented ASEAN with an 'overriding interest' in cooperating and growing closer, Singapore Prime Minister Lee Hsien Loong said in remarks published on Sunday.

India beats UK at capital game
Telegraph
Indian investment into the UK is poised to outstrip British investment in the sub-continent, reversing the flow of capital for the first time since the days of the Raj.