CORPORATE
ANNOUNCEMENTS
BHEL gets Gammon order
State-owned Bharat Heavy Electricals Ltd (BHEL) on Monday said it has secured an order for setting up a lift irrigation scheme in Andhra Pradesh. The order for the 5x30 MW Kalwakurthy Lift Irrigation Scheme has been placed by ...
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PRIVATE PLACEMENT
Varun Shipping plans pvt placement?
Rumours of a private placement have been dogging the counter of Varun Shipping in the recent past. The stock, however, in keeping with the overall bearish trend, ended the day at Rs 79, down 2.41 per cent, on the BSE. As per market buzz, the ...
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ENVIRONMENT
US Tech launches green drive
US Technology Resources (USTRI), a Technopark-based IT and BPO services provider, has launched an eco-initiative to coincide with the World Environment Day. USTRI will partner with the State Forests Department to plant 2006 ...
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MERGERS & ACQUISITIONS
BILT set to buy Malaysian firm
$261-million acquisition jointly with JP Morgan
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NEW PROJECTS
Suryajyoti Spng completes phase-I expansion
Plans further expansion at Rs 48-crore
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Viceroy board approves Rs 84-cr loan
The board of directors of Viceroy Hotels has at its meeting held on Monday approved the sanction of rupee term loan to the tune of Rs 84 crore from banks. The company informed the stock exchanges that State Bank of Indore sanctioned Rs 56 ...
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OVERSEAS INVESTMENTS
Indo Asian Fusegear enters Nepal
Targets Rs 20 crore business during first year
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TRADE & LABOUR UNIONS
Dunlop strikes pact with workers at Sahagunj unit
Ambattur facility may resume production in August
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ALLIANCES & JOINT VENTURES
Wockhardt to sell UK co skin drug
Wockhardt has signed an in-licensing agreement with the UK-based derma company LSI to market Vitix, a patented product for the treatment of pigmentation disorder vitiligo. Vitiligo is a skin disorder where the patient develops ...
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Glenmark forges risk-sharing deal for US with Paul Royalty
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INTERVIEW
We have no issues with GE Shipping demerger: ONGC
Mr R.S. Sharma, Acting Chairman and Managing Director of ONGC, has said that the company has no legal objection to the GE Shipping demerger. Mr Sharma stated that they do have issues with the contract management. The company has begun the ...
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OUTLOOK
BPCL may rope in partner for Bina refinery
Completes Mumbai refinery expansion; commissions lube oil base stock plant
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PERFORMANCE
Ashok Leyland vehicle sales rise 21 pc
Ashok Leyland Ltd sold 5,631 vehicles in May, a 21 per cent increase over the 4,655 vehicles it sold in May last year. Domestic sales accounted for 5,322 units, a 23 per cent growth over the 4,332 vehicles sold in the corresponding period last ...
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PEOPLE
Rahul Bajaj files nomination for RS seat
Congress names Avinash Pandey
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