The Hindu Business Line : Monday, June 13, 2005

Jet Air appoints law firm to file charges against US entity
JET Airways has appointed US law firm Paul Weiss, Rifkind, Whatron and Garrison to initiate legal charges against a company, with a similar name, which had accused the Indian airline of having terrorist links, said a press release. The press ... More

RESTRUCTURING

Plan panel proposes CIL revamp, autonomous arms
THE Planning Commission seems keen to adopt the petroleum sector model for the coal industry by dismantling Coal India Ltd (CIL) and make the subsidiaries independent organisations. The Commission has recently re-activated the proposal of CIL ... More

MERGERS & ACQUISITIONS

VSP must not be merged with SAIL: Dev
THE Andhra Pradesh Government's stand on Visakhapatnam Steel Plant (VSP) has got a shot in the arm with Mr Sontosh Mohan Dev, the Union Minister of State for Heavy Industries, opposing the move to merge VSP with SAIL. He has said that VSP, ... More

TRADE & LABOUR UNIONS

VSP contract workers firm on continuing strike
The union leaders said the plant was incurring a loss of Rs 15-20 crore per day due to production loss and the management should change its stance. More

ALLIANCES & JOINT VENTURES

Tata Steel, Iranian co form joint venture
TATA Steel has signed a joint venture agreement with Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) to participate in its proposed steel-making projects and mining operations in Iran. Mr M. Moazenzadeh, ... More

SOCIETY & DEVELOPMENT

Coke sponsors check dam near Saroornagar
HYDERABAD: The Chairman of Hyderabad Urban Development Authority, Mr D.Sudheer Reddy, laid the foundation stone for a Coca-Cola sponsored check dam at Nandergul village near Saroornagar, Hyderabad on Saturday. Coca-Cola India in ... More

OUTLOOK

Bosch bets big on diesel
The benefits of consistently high research spends are captured in one piece of statistics: over the past 30 years, the average value of Bosch products per vehicle increased five-fold and stands at euro 400 (Rs 21,000). More

NTPC plans to produce 50 mt coal by 2010
WITH coal shortage wrecking domestic power production, National Thermal Power Corporation (NTPC) is working on an ambitious plan to produce 50 million tonnes of coal over the next five years, which can wipe out the country's production deficit. ... More

Consolidated Construction to focus on infrastructure projects
THE Consolidated Construction Consortium Ltd (CCCL), a Chennai-based company specialising in the building and factory segment of the construction industry, hopes to get into infrastructure projects over the next two or three years. It has done ... More

TRENDS

India Inc sheds traditional image for sleeker look
NO longer the fuddy-duddy image for India Inc. To keep up with globalisation, many Indian corporates are shedding their years-old identity and going in for the younger, sleeker look. Not only in their products and packaging, but even company ... More

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