CORPORATE
ANNOUNCEMENTS
Rajesh Exports bags Rs 231-cr order
Also got Rs 25-cr from Canara Bank to supply 47,400 gold coins
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Toyota launches limited edition Corolla
Toyota Kirloskar Motor has launched a limited edition of Corolla adding new features to the car. A press statement from the company said that the car is now available in two colours, metallic red and champagne mica metallic. "It ...
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GM mulls 1.2-litre engine for Aveo U-VA
General Motors India (GM) is toying with the idea of introducing the Aveo's forthcoming model, U-VA, with a 1.2-litre engine rather than the 1.4-litre engine, as announced earlier. According to Mr Ankush Arora, Vice-President (Marketing), the ...
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BHEL awarded two APGenco contracts worth Rs 82 crore
Bharat Heavy Electricals Ltd (BHEL) has bagged two contracts worth about Rs 82 crore from the Andhra Pradesh Power Generation Corporation (APGenco). The contracts entail the supply and setting up of electromechanical equipment for two Hydro ...
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ACCOUNTING STANDARDS
ICAI to issue standard in Jan
The Institute of Chartered Accountants of India (ICAI) plans to come up with an accounting standard on financial instruments including derivatives in January 2007. Mr T.N. Manoharan, ICAI President, said: "We have already come up with an ...
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CORPORATE DISPUTES
Air Sahara seeks aircraft back from Jet
Jet's Amritsar-London operations could be affected
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MANAGEMENT
CEO PROFILE
HR-centric
He strikes you at the very outset... suave and smart P.K. Madhav, CEO of Maytas Infra Pvt. Ltd, a Rs 400-crore infrastructure company of the Satyam group, brings with him an expertise and excellence that springs from ...
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IPR
As Zocor patent expires, Merck plays price-game
Offers the drug at $10 to some managed-healthcare companies in the US
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CORPORATE BONDS
Repo rate hike costing oil marketing cos dear
`We now have to offer higher discounts on oil bonds'
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NEW PROJECTS
Sakthi Sugars goes for expansion
Project to be commissioned by September 2007
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UK recruitment major launches India operations; to target proposed SEZs
Hints at recruitment in proposed SEZs
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Manmohan to lay stone for ONGC's petrochem complex today
The Prime Minister, Dr Manmohan Singh, will lay the foundation stone for the mega petrochemical complex of Oil and Natural Gas Corporation here on Friday. Dr Singh will lay foundation stone for the Rs 4,900-crore aromatic complex of ONGC at ...
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M&M in talks with States for setting up vehicle unit
Team meets Tamil Nadu Chief Minister; plans R&D centre near Chennai
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Indo Asian plans 3 plants in Uttaranchal at Rs 67 crore
Indo Asian Fusegear, an electrical switchgear and lighting equipment manufacturer, is planning to set up three manufacturing units in Haridwar in Uttaranchal at a total investment of Rs 67 crore. The first of the three plants is being set up to ...
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Nitin Spinners financial closure
Nitin Spinners Ltd, a 100 per cent Export Oriented Unit producing cotton yarn and knitted fabrics, has announced the financial closure of its Rs 208 crore expansion plan. The expansion has been financed through public issue, ...
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ALLIANCES & JOINT VENTURES
Rico Auto signs pact with Italian Co
Auto ancillary company, Rico Auto Industries Ltd said on Thursday that it would get technological assistance from Italy-based Teksid Aluminium to develop aluminium engine blocks and heads, required for a new generation of engines. A licensing ...
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INTERVIEW
Andhra Cements to expand capacity
According to Mr G.P. Goenka, Chairman, Andhra Cements, the company's Phase-I capacity is to be increased to at least three million tonnes from the current capacity at 1.7 million tonnes. The cost, which is likely to be Rs 100 crore, is to be ...
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MARKETING
No compensation for private oil cos: Ministry
Private players voice concern over sale at controlled price
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OUTLOOK
Huntsman to expand India operations
To make facilities here global sourcing point
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Axiom eyes Nepal, Bangladesh
Axiom Healthcare India Private Ltd, the distributors for Axiom Worldwide's back-pain relieving DRX9000 machine in India, is eyeing Nepal and Bangladesh, besides tapping the Indian market. The company, which brought the first ...
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PERFORMANCE
IOC set to post record refining margin in Q1
To cushion part of loss incurred on marketing front
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Capacity crunch hits Hyundai sales
Constraints likely to continue; Tata Motors surges ahead
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Tata Steel arms post 93.67 pc increase in combined PAT
Tata Steel's subsidiary companies have reported a 93.67 per cent increase in their combined profit after taxes at Rs 232.79 crore for the 2005/2006 fiscal. The increase in profit is because NatSteel Asia Pte Ltd's accounts were for the full ...
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