Financial Daily from THE HINDU group of publications
Friday, September 24, 2004

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Suzuki, Maruti to pump in Rs 6,000 cr over 5 years — Plans include car assembly unit, diesel engine plant

  • New diesel plant to be part of Suzuki Metals India, currently a 51:49 joint venture between Suzuki and Maruti.
  • Suzuki to conduct feasibility study to set up gearbox unit in India.
  • Maruti to roll out premium hatchback model ... More

    Praful Patel to meet AAI union over mass leave threat
    THE Minister for Civil Aviation, Mr Praful Patel, will be meeting the leaders of the Airports Authority of India Joint Forum (AAIJF) in Mumbai on Saturday to nip their threat of going on a day's mass casual leave across the country, in protest ... More

    Glenmark signs $190-m pact with Forest Labs — To take asthma drug to N. America
    GLENMARK Pharmaceuticals SA (Switzerland), a wholly owned subsidiary of Glenmark Pharmaceuticals India (GPL), has entered into a collaboration agreement with Forest Laboratories Inc, USA, for the development and commercialisation of PDE4 ... More

    VAT: States told to consider options on Central sales tax
    The proposal to retain the 4 per cent CST in the first year is in sharp contrast to the earlier thinking in the Finance Ministry that the first year of VAT implementation should see some cut in the CST rate. More

    `Exports may touch $75 b this fiscal'
    THE country's merchandise exports are likely to touch the $75-billion mark during the current fiscal if the level of growth witnessed so far is sustained, the Union Minister for Commerce and Industry, Mr Kamal Nath, said here on ... More

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