CORPORATE
ANNOUNCEMENTS
Durga Bearings gets Japanese co dealership
NSK Ltd of Japan, a global bearings major, proposes to expand its operations in India. As a step in this direction, it has begun to appoint dealers in various parts of the country. Recently, it announced the appointment of Durga Bearings Pvt ...
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AWARDS & HONOURS
Phoenix Yule bags export award
PHOENIX Yule Ltd, the country's largest manufacturer of conveyor belts, has bagged the "Highest Export Award" in the non-tyre segment from the All-India Rubber Industries Association (AIRIA). The award was given in recognition of the company's ...
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INSIGHT
Shareholder of an unlisted company tough luck!
FOR DESERVING entrepreneurs, India has remained a capital-starved nation despite enough capital floating around in the system. It is a classic case of `water everywhere but not a single drop to drink'. The financing ...
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NEW PROJECTS
GSPC to go for second rig at K-G basin
GUJARAT State Petroleum Corporation Ltd (GSPC), which has capped off and abandoned its first well at its Krishna-Godavari block (KG-OSN-2001/3), is going for a second rig. The company that had technical discussions with the US-based ...
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INTERVIEW
`We expect diabetes molecule to enter phase I trials next year'
IT is a company that pharma analysts are increasingly keeping an eye on and not entirely without reason. There is a constant buzz around the company, given its appetite for acquisitions and international deals. And in September this year, ...
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OUTLOOK
GM may use Hindustan Motors plant to make Chevvy Spark
GENERAL Motors is considering using Hindustan Motors' facility or the CKD (completely knocked down) route to manufacture the small car Chevvy Spark in India, if it abandons its plans to take over the Daewoo plant. General Motors last week said ...
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Phillips Carbon eyeing overseas markets
The company has appointed two consultants to help it to identify capacity creation possibilities in China or Russia.
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