Bengal plans sensory tech watch on polluting sponge iron units
PERTURBED by the high level of air pollution created by 30 odd sponge iron plants that have come up in the State in the last few years, the West Bengal Pollution Control Board is planning to take the help of sensory technology to ensure ...
Hyundai may hike prices in Jan
HYUNDAI Motor India is planning to increase prices of all its models next year by 2-3 per cent. "We are considering a move to increase the prices because of Euro 3 norms coming into effect next year and also because of rise in input and ...
Taj keen on presence in London, New York
THE Taj group of hotels, which is keen to have a presence in London, New York and China, also plans to set up luxury apartments in various Indian cities including Chennai, Hyderabad and Bangalore. "London, New York, Shanghai and Beijing are ...
Six directors resign from Reliance Energy board
SIX directors of Reliance Energy Ltd today tendered their resignations from the board of the company, deepening the mystery surrounding the differences between the two Ambani brothers. These six directors are believed to be close to Mr Anil ...
Anil Ambani breaks his silence
THE Vice-Chairman of Reliance Industries, Mr Anil Ambani, today broke his silence on the Reliance ownership controversy. In a brief statement to newspersons outside the Reliance corporate headquarters in South Mumbai this evening, he said: "I ...
Succession issues in business families
THOUGH astute in business and entities to reckon with on the bourses, when it comes to sorting out matters of succession some of India's oldest business families may still need to do their homework. Be it the Ambanis of Reliance Industries, ...
AWARDS & HONOURS
Carborundum Universal quality circle gets award
PARIVARTAN, the quality circle from Carborundum Universal Ltd, has been adjudged the best in the State Level quality circle competition organised by the CII-Kerala. The second place went to Kayal Jyothi, the quality circle from National ...
BHEL units bag awards
NEW DELHI: Bharat Heavy Electricals Ltd (BHEL) has bagged the CII-Exim Commendation for Business Excellence for its four manufacturing plants and one power plant. BHEL is the only company where all the five participating units have ...
MERGERS & ACQUISITIONS
Siemens clears 3 strategic investments
THE Board of Directors of Siemens Ltd on Thursday approved three strategic investments - the amalgamation of Siemens VDO Automotive, Bangalore, into itself, 100 per cent acquisition of an industrial turbine company, and the acquisition of 51 ...
BOC India plans unit at Bellary
AS part of its ongoing effort to enhance presence in the South, BOC India Ltd proposes to set up a plant in Bellary, Karnataka, the company's second plant in the region, mainly to meet the requirements of Jindal Vijayanagar Steel Ltd ...
Janapriya plans townships in Mumbai, Bangalore
JANAPRIYA Engineers Syndicate, a city-based housing construction company, has unveiled its plans to develop residential townships in Mumbai and Bangalore besides Hyderabad in the coming year. The company's new projects include construction of ...
Volvo sees record growth in 2004 To set up engg centre in Bangalore
TRUCK MAKER Volvo said on Thursday that it expects to record up to 100 per cent growth in its Indian operations this calendar year and it has decided to set up a full-fledged engineering centre in Bangalore. "Our growth has been extremely ...
Biocon plans Rs 700 cr investment
BIOCON Ltd., which has hit the market with its new generation bio-insulin `Insugen', plans to invest about Rs 700 crore in the next 30 months to ramp up production and scale-up its research facility. It feels that its tie up with Nobex ...
Steris Corp gets ready to enter India
THE $1-billion Steris Corporation, a sterilisation equipment manufacturer of the US, is eagerly waiting for India to take its first tentative step towards improving its healthcare system. On its own, the company has taken up a phased initiative ...
Rolls Royce bullish on India, says CEO
THE seven-decade long partnership between Rolls Royce and the Indian market is to be further cemented in the coming years. The group focuses on providing power systems and associated services for use on land, sea and air. Close to 70 years ...
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