CORPORATE
ANNOUNCEMENTS
REL seeks to ensure gas supply from KG Basin
Wants GAIL to treat fallback allocation of gas as firm allocation
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MARS launches Doxofylline
MARS Therapeutics & Chemicals Ltd has announced the launch of its first European research molecule — Doxofylline— useful in the treatment of asthma and respiratory problems in India. Doxofylline, a new generation ...
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COURTS/LEGAL ISSUES
Monsanto moves SC on Bt cottonseed price order
The Monday order of Andhra Pradesh Government mandating Bt cottonseed companies from selling the seed below Rs 750 (including the trait value) on a 450-gm packet has taken an interesting turn with Mahyco Monsanto Biotech (India) Ltd, which owns ...
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ACCOUNTANCY
ICWAI office-bearers
The Thiruvananthapuram Chapter of the Institute of Cost and Works Accountants of India has announced the election of new office-bearers of the organisation. This follows the annual general meeting of the Chapter. A press ...
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MERGERS & ACQUISITIONS
Restaurant chain TGI Friday's plans expansion
Restaurant chain TGI Friday's has picked up a 25.1 per cent stake in its Indian master franchisee firm, Bistro Hospitality (P) Ltd, for an undisclosed sum. TGI Friday's, which is owned by a subsidiary of Carlson Restaurants Worldwide, has ...
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Lanco picks up 74 pc in Nagarjuna Power Plant
To be developed jointly; likely to achieve financial closure by September
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OVERSEAS INVESTMENTS
JSPL close to acquiring Bolivian mines
Jindal Steel and Power Ltd's plan to acquire the El Mutun iron ore mines in Bolivia is at a very advanced stage and the final decision would depend on the terms and conditions of Bolivian Government, sources said. After emerging ...
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ALLIANCES & JOINT VENTURES
SCI jt venture proposal with ONGC in limbo?
May have to renegotiate deal with new ONGC chief
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INTERVIEW
Nagarjuna Construction aiming at Rs 4,300- cr fresh orders
Nagarjuna Construction Co has declared its fourth quarter results. The company's net profit is up at Rs 34.9 crore from Rs 23.6 crore. Its net sales are up at Rs 640.4 crore from Rs 450 crore. Its OPM is up by 8.3 per cent from 7.1 per cent. ...
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Hike in tyre prices necessary: JK Tyre
According to the CFO of JK Tyre, Mr A.K. Kinra, 7-8 per cent price increase in tyres should offset the increase in costs of rubber. Excerpts from CNBC - TV18's exclusive interview with Mr Kinra Will the 7-8 per cent rise in tyre prices ...
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OUTLOOK
JSW Group bets big on aluminium foray
Floats new firm to execute smelter, alumina projects
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GE aims to grow eight-fold in India: Immelt
Focus on energy, oil, financial services
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Tata Power charts Rs 18,000-cr capex plan
Tata Power Company has drawn up a capital expenditure plan of Rs 18,000 crore on what it called its "significant and aggressive growth plans" to increase its capacity by 4,500 megawatts in four years. This is apart from the funds that would be ...
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PERFORMANCE
Tata Coffee to tie up with Beeyu Overseas
To sell instant coffee in global market
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Panipat refinery doubles its capacity
The flagship refinery of Indian Oil Corporation at Panipat has doubled its refining capacity from 6 MMTPA to 12 MMTPA, to further strengthen its market base in the strategic North-West market. According to a statement issued by ...
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