Tuesday, March 9, 2010

Word Of the Day - Conglomerate

Conglomerate - It is a large business firm consisting of several different companies.

Mumbai, Indian conglomerate Essar Group plans to raise about US$2.5bil to US$3bil by listing its energy and power businesses on the London bourse in late April, tapping new investors to find its ambitious expansion plans.

News: http://biz.thestar.com.my/news/story.asp?file=/2010/3/9/business/5819880&sec=business
Source: http://www.google.com/dictionary?source=chrome-ex&sl=en&tl=en&q=conglomerate

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