CORPORATE
ANNOUNCEMENTS
RIL hikes diesel margins
Higher prices squeeze sales and operating costs
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Hindustan Lever to shift corporate office to Andheri
To bring the scale and might of `One HLL'
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CORPORATE DISPUTES
Hutch moves HC against Essar
Seeks to restrain sale of BPL Mobile
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DIVIDEND ANNOUNCEMENT
HPC pays maiden dividend
Hindustan Paper Corporation Ltd (HPC) paid its maiden dividend of Rs 15.20 crore to the Government for the previous financial year. Mr Santosh Mohan Dev, Union Minister for Heavy Industries and Public Enterprises, received the ...
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AWARDS & HONOURS
Award for Ranbaxy's US subsidiary
Ohm Laboratories Inc, a wholly owned US subsidiary of Ranbaxy Laboratories Ltd, has received the Private Label Supplier of the Year Award from AmerisourceBergen at the annual National Healthcare Conference & Exposition (NHCE) in Las Vegas ...
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HUMAN RESOURCES
De-stressing sessions for execs
Oriental Qualitech Training and Services (OQTS) and the Madras Chamber of Commerce and Industry will organise two day-long sessions called "Success to Significance". The interactive sessions will be conducted on August 5 and 6 by ...
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MERGERS & ACQUISITIONS
Ruia Group may buy Monotona Tyre
The Kolkata-based Ruia Group is exploring the possibility of a bid to acquire the Mumbai-based Monotona Tyre Ltd (MTL). According to a company Web site, MTL manufactures close to three lakh two and three-wheeler tyres and tubes and is an OE ...
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CCEA to consider ONGC bid for US co
The Cabinet Committee on Economic Affairs (CCEA) is likely to consider at its next meeting the proposal from Oil and Natural Gas Corp (ONGC) to acquire an American firm, Omimex de Colombia, jointly with a Chinese ...
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NEW PROJECTS
IOC, CPCL looking at 15 mt refinery, cracker unit
Ennore project to cost Rs 33,000 cr
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Usha Martin to invest Rs 1,200 cr to augment manufacturing capacity
Iron ore mines of the company are already operational. Coal mines allotted to it are likely to become operational by the year-end. 6,000-tonne wire rope unit in US to become operational in December
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Taj GVK lines up five-star hotel projects
The Taj GVK Group is developing new star hotels in Hyderabad, Chennai and Bangalore, as part of its expansion across the country. It is hopeful of completing the Chennai hotel project by March 2007. "The Rs 125-crore hotel will be a trendy one ...
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OVERSEAS INVESTMENTS
Bangla power venture plan still on: Ratan Tata
The doors have not been completely shut on Tata Power's plan for a 1,000-mw power project in Bangladesh, Mr Ratan Tata, Chairman of the Tata Group indicated to shareholders here on Tuesday. Tata Power is still considering the project. However, ...
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ALLIANCES & JOINT VENTURES
ONGC re-negotiating ties with Shell
Bitumen refinery project on the agenda of discussion
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AFL ties up with Cartridge World
Indian logistics brand AFL Pvt Ltd has announced a tie-up with Cartridge World, which is engaged in printer cartridge refilling. AFL, as the master-franchisee, will introduce the concept of `cartridge-refilling' through `Cartridge World' stores ...
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Hindustan Tin ties up with UK co to make beverage cans
Hindustan Tin Works Ltd has announced a joint venture with the UK-based Rexcam Plc's Indian subsidiary Rexam Beverage Can India Pvt Ltd to manufacture two-piece beverage cans from a greenfield plant in Mumbai. The plant, entailing an investment ...
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SOCIETY & DEVELOPMENT
Tatas, Dr Reddy's Foundation join hands
To enhance job skills to underprivileged youth
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STANDARDS & BENCHMARKS
WHO accreditation for Panacea's vaccine
Panacea Biotec Ltd on Wednesday said it has received pre-qualification accreditation from the World Health Organisation (WHO) for the supply of recombinant Hepatitis-B vaccine to UN agencies. Hepatitis B immunisation strategies help to prevent ...
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SICK UNITS
Govt begins Kerala State Drugs' revival process
Signs MoU with management and trade unions
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OUTLOOK
Brandix's apparel park to start operations next year
To invest $750 m; this is expected to touch $3 b in five years
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Shell Global to advise Chennai Petro on process improvements
Chennai Petrochemical Corporation Ltd (CPCL) has mandated Shell Global Solutions Inc to identify the gaps in its various areas of operations, such as energy conservation and product mix, and suggest remedial measures. CPCL's Managing Director ...
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Pulsar upgrades to be launched soon
Bajaj Auto plans to launch upgrades of the existing Pulsar range shortly. According to Mr S. Sridhar, Vice-President, Bajaj Auto, the company is about to launch the upgraded Pulsar 180 cc shortly. The new variant will also have some of the ...
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iGate CRI sees larger role in meningitis vaccine trial
Phase I trial complete; phase II to take off in Africa
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4004 Inc draws up growth plans
Aims to become multi-national procurement major
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Ruias plan to divest 15 pc stake in Dunlop
To raise around Rs 450 cr to fund expansion plan
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`Loss of Iveco tech won't impact Ashok Leyland'
`Cargo range of trucks did not do well in the Indian market'
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Kinetic's Blaze heading for Japan
Company estimates export of 250 units
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