CORPORATE
RESEARCH & DEVELOPMENT
US co plans 24/7 solar power using satellite
Electricity from a satellite orbiting above the Earth can help you cook your delicacies. Sounds like fiction? But this could become a reality, if the California-based company Space Island Group Inc gets funds to launch two geo-stationary ...
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ANNOUNCEMENTS
Goodyear rolls out new range of tyres
To import the tyres initially from China
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CORPORATE DISPUTES
Dr Reddy's settles patent litigation with Glaxo
Relating to generic version of GSK's migraine drug
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DIVIDEND ANNOUNCEMENT
Sri Ganapathy Mills to pay 10%
The Tirunelveli-based textile mill The Sri Ganapathy Mills Ltd has declared a dividend of 10 per cent for the financial year 2005-2006 at the annual general meeting held recently. The company during the current year posted a ...
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COURTS/LEGAL ISSUES
`Steel scrap eligible for ST deferral concession'
Madras HC quashes SIPCOT order
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RESTRUCTURING
GSK Pharma looking to sell fine chemicals biz
After its recent decision to sell the animal health business, GlaxoSmithKline Pharmaceuticals Ltd is looking for a suitable buyer for its fine chemicals business in India. As part of GSK Pharma's efforts to focus on its pharmaceuticals ...
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NEW PROJECTS
Bihar Tubes plans steel strip mill
The Uttar Pradesh-based Bihar Tubes plans to set up a steel strip mill to expand its tubes business with an investment proposal of Rs 100 crore. The proposed mill is to come up in its existing tubes complex with an annual capacity of four lakh ...
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Kewal Kiran Clothing acquires land
Kewal Kiran Clothing Ltd has informed the BSE that it has acquired land of around 53,000 sq ft and building space of around 40,000 sq ft on Somnath Road in Daman Union Territory (UT) to set up a garments stitching and finishing ...
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OVERSEAS INVESTMENTS
Pulse Foods opens outlet in London
Pulse Foods India Pvt Ltd, a domestic chain of quick service restaurants of Indian cuisine, announced its foray into the international market with the launch of its first store in London, on Tuesday. "London was an obvious choice for our first ...
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TRADE & LABOUR UNIONS
Honda settlement `pledge' with union
Honda Motors and Scooter India Ltd (HMSI) today signed a pledge with their labour union at a ceremony held at HMSI plant in Manesar. This pledge was taken jointly in the presence of all workers and senior management. The HMSI Labour Union ...
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ALLIANCES & JOINT VENTURES
TCL plans production in India
Seeks local partner to manufacture consumer electronics goods
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IOC, IFP tie-up to offer management programmes
For executives of oil, gas companies in India
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Feedback Ventures, MSEDC sign pact
Feedback Ventures today signed a two-year assignment with the Maharashtra State Electricity Distribution Company (MSEDC) to supervise investments of over Rs 5,400 crore planned across three electricity distribution zones in the ...
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INTERVIEW
Talk of stake sale speculative: Eicher Motors
`We hope to end the year with significant growth'
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DIVERSIFICATION
Apollo Hospitals may tie up with German insurer
A notification to the Bombay Stock Exchange by Apollo Hospitals Enterprise Ltd indicates that the corporate hospitals major is contemplating entry into health insurance. The notification says that the company's board had authorised the Apollo's ...
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OUTLOOK
OVL set to complete transfer of ONGC stake in Syrian asset
Transfer expected to resolve operational, accountancy issues
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HarperCollins bullish on India
"India has great potential for us in many ways", says Ms Jane Friedman, President and CEO, HarperCollins Publishers Worldwide. Eyeing the country's rapidly growing English speaking middle class, the publishing powerhouse has decided to woo its ...
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PEOPLE
Hotelier Lalit Suri passes away
The Chairman of Bharat Hotels and Member of Parliament, Lalit Suri, passed away in London early this morning following a heart attack. He was in the UK as part of the India business delegation attending the India-UK Business ...
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