CORPORATE
ANNOUNCEMENTS
Operation resumes in Century Textiles
In an announcement to Bombay Stock Exchange, Century Textiles and Industries Ltd has announced that one out of the two kilns in its cement plant at Baikunth, Chattisgarh has started producing clinker from August 26. The second ...
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AWARDS & HONOURS
Maruti Udyog wins AIMA event
Maruti Udyog Ltd bagged the first prize in the Grand Finale of the 32nd National Competition for Young Managers (NCYM) organised by All Indian Management Association (AIMA) on Saturday. The theme of the event was `Strategies for ...
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COURTS/LEGAL ISSUES
HC tells Bengal to give information to Singur farmers
Justice Pranab Kumar Chattopadhyay of Calcutta High Court on Monday directed the State Information Commissioner to supply information to the cultivators of Singur in Hooghly district of West Bengal, who have sought certain information from the ...
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HUMAN RESOURCES
`Ability to learn, adapt key qualities for jobs'
She began with a poser: Do you have the capability to scale up? Will you be able to scale up to the global standards in communication, do you have the ability to learn, ability to adapt and possess leadership qualities? If the answer is yes, the ...
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MERGERS & ACQUISITIONS
Mylan to buy Matrix for $736 m
51.5% acquisition through deal, 20 pc through open offer
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Mylan-Matrix deal: Setting a precedent
Competition, pricing-pressures worry Indian promoters
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Nimmagadda Prasad: `Fastest wealth creator' in Indian pharma space
`Sharing wealth is the best way of enhancing it'
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Winds of consolidation
Mr Robert Coury, Mylan's Chief Executive, remarked that Mylan would continue to "scour the landscape" for acquisition opportunities in India.
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Apollo Health Street acquires US co for $31 m
Apollo Health Street (AHS) Pvt Ltd, the healthcare services company of Apollo group, has acquired a company in the US working in hospital billing and receivables management areas. AHS acquired Armanti Financial Services (AFS), LLC, for a ...
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Chemplast close to buying Polytrusions
Chemplast Sanmar Ltd is close to finalising a deal to buy Polytrusions Pvt Ltd, the Chennai-based manufacturers of PVC pipes that are marketed under the brand name `Trubore'. Sources in both companies confirmed the deal, but while Chemplast ...
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NEW PROJECTS
Bajaj Auto to set up Rs 2,000-cr greenfield facility in Pune
Signs MoU with Maharashtra Govt; to produce 5-lakh vehicles annually
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Sintex plans Rs 410-cr expansion
Sintex Industries, a plastic tanks and textiles manufacturer, has chalked out a Rs 410-crore expansion plan that will be implemented over four years, starting with the current fiscal. Of the amount, Rs 180 crore is to be invested in textiles ...
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UltraTech lines up Rs 2,700-cr capex
To increase capacity, install captive power plants
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OVERSEAS INVESTMENTS
US co to set up cancer cure centres here
Opens Ahmedabad facility in tie-up with Apollo Hospitals
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TRADE & LABOUR UNIONS
`Tata Coffee not hit by stir'
Tata Coffee Ltd said on Monday that the ongoing strike at its instant coffee manufacturing facility at Toopran in Andhra Pradesh has not had any impact on the company's operations. All 110 workers at the Toopran unit have been ...
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DIVERSIFICATION
Ellora Time forays into vitrified tiles
May foray into food products
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OUTLOOK
IOC asks Nepal Oil Corp to work out repayment plan
`Difficult to sustain supplies without arrears being cleared'
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Dunlop tyres likely to roll in September
Production in Ambattur restarts after 8-year break
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Hidesign gung-ho on overseas markets
To have 45 stores abroad in 3 years
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SFP launches products in Madurai
Company targets Rs 100 crore turnover by 2010
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PERFORMANCE
Indoco Remedies turns healthy on new initiatives
`The company is graduating from CRAMs to offering whole range of ANDAs'
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PEOPLE
Rao takes over as GAIL CMD
Close on the heels of Chairman and Managing Director (CMD) of state-owned ONGC, Mr Subir Raha, being denied extension, the latest to exit is the CMD of the gas transmission and marketing major GAIL (India) Ltd, Mr Proshanto Banerjee. Mr ...
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