CORPORATE
ANNOUNCEMENTS
Same Deutz-Fahr to expand Indian operations
THE Same Deutz-Fahr group, Europe-based tractor and industrial diesel engine manufacturer, plans to invest Rs 60 crore over the next three years to expand its Indian operations. The group's wholly owned subsidiary, Same Deutz-Fahr India (P) ...
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CORPORATE DISPUTES
Birla case: `Pansari has no locus standi'
THE hearing of the petition filed by Mr S.N. Prasad, one of the accused seeking quashing of the proceedings pending in the Alipore court (in the R.S. Lodha matter) has now started in the court of Mr Justice D.P. Sengupta of the Calcutta High ...
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AWARDS & HONOURS
Reliance, VSP, Jindal units bag awards for energy conservation
RELIANCE Industries Ltd's Hazira petrochemical unit and Jamnagar refinery have won the National Energy Conservation Award 2004. The Prime Minister, Dr Manmohan Singh, on Tuesday presented the company with the award for first position in ...
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Award for Granules India
HUMAN RESOURCES
ONGC to finalise manning exercise by next month
ONGC is expecting to finalise its manning exercise by next month, the exercise being directed at benchmarking manpower requirement in different areas and finding ways to redeploy manpower. Talking to Business Line, Dr A.K. Balyan, ...
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MERGERS & ACQUISITIONS
Essar Steel to raise $500 m thru convertible instruments
ESSAR Steel Ltd is raising $500 million through an issue of convertible instrument overseas to fund the acquisition of 51 per cent equity in Hygrade Pellets Ltd and to pick up 100 per cent equity in Steel Corporation of Gujarat Ltd. Both ...
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NEW PROJECTS
Kochi Refineries project may be delayed due to high price bids
THE high price quoted by bidders in response to the global tender floated by Kochi Refineries Ltd for setting up the Rs 623-crore crude oil receipt facilities here has forced the company to go for alternate methods to implement the project. This, ...
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SICK UNITS
Survival of TCC hinges on Kerala Govt decision on loans
THE survival of the State-owned Travancore Cochin Chemicals Ltd (TCC) now seems to depend on a positive decision by the State Government either to write off Rs 47 crore loan or covert it into its equity as heavy interest burden is eating into the ...
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PEOPLE
Martial Rolland takes over as Nestle India CMD
MR Martial Rolland has taken over the driver's seat at Nestle India literally - with a whistle-stop tour of the remote corners of the country for the next two months — to get a feel of the Indian consumer and first-hand knowledge of the ...
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TRENDS
58 cos registered in Kerala last month
Scoreboard
SE Diary
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