CORPORATE
ANNOUNCEMENTS
Vijay Shanti projects on hand worth Rs 750 cr
The city-based Vijay Shanti Builders Ltd has projects on hand worth Rs 750 crore. The project portfolio includes two major projects and a clutch of small ones in Chennai, the company's Executive Director, Mr Naresh Jain, told Business Line ...
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Triveni tests 54-MW gas turbine
Triveni Engineering and Industries Ltd said it has successfully conducted speed test on 54-MW gas turbine load gearbox. The tests were conducted at the company's facility in Mysore, it said in a release. "The development of 54-MW ...
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COURTS/LEGAL ISSUES
Novalgin, Novigan have no similarity, rules HC
Trademarks Novigan and Novalgin hardly have any similarity and are not likely to cause any confusion, the Madras High Court has held. A Division Bench, after hearing an appeal filed by a person from Hyderabad under Section 105 of the Trade and ...
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MERGERS & ACQUISITIONS
Tata-Corus: Debating the options
In its bid for Corus, Tata Steel appears to be in a stronger position than CSN of Brazil, which has made a counter offer. But how things will pan out will only become clearer over the coming week.
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Sony may pick 51% stake in Chennai-based animation co
Sony Corporation of America is close to concluding a deal with FrameFlow India Pvt Ltd, a Chennai-based animation and special effects company for a 51 per cent stake in the Indian company, sources in the know told Business Line on ...
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OVERSEAS INVESTMENTS
India Inc heads to south Russia
Tax holidays, free trade conditions are the major draw
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REGULATORY BODIES & RULINGS
Wockhardt told to withdraw Wosulin
The Maharashtra FDA has asked pharmaceutical major Wockhardt Ltd to withhold sales and withdraw Wosulin 50-50 injection vials (insulin) after carrying out investigations on a sample of the drug manufactured at the Aurangabad ...
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ALLIANCES & JOINT VENTURES
Sutlej Ind looking for jt ventures in Germany
Ties up with two Italian design houses
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INTERVIEW
Tata-Corus: Three options before the European Commission
On the site of the EC or the European Commission (http://ec.europa.eu), you can find merger-related `publications, press-releases and Commission decisions on individual cases'. Numbered `M.4408' is Tata/Corus, listed on November 20, along with ...
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DIVERSIFICATION
Big cos seek a chunk of the retail pie
The larger scale of entrants promises to reduce the burden on the consumer's wallet, irrespective of the product category.
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Bharti to pick retail partner soon
Still in talks with Wal-Mart, Tesco and Carrefour, says Mittal
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Is there room for several players?
It might be too early to answer that question but with none of the financial wherewithal of the conglomerates, there is the risk of some of the smaller players getting marginalised.
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OUTLOOK
Bajaj Auto to replace 100 cc Platina
Will cease to manufacture this model in the next 2-3 years
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Murugappa group to tap avenues in sunrise sectors
Set to reduce dependence on sugar
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IOC mulls integration of downstream activities
Plans standalone units to utilise product streams from existing refineries
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Tata Motors' small car to roll out of Singur by 2008
Land for the project in a few weeks: Ravi Kant
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PERFORMANCE
Understanding the results announcements
Listed companies come out with their earnings scorecard once every three months. These results not only provide the performance in the respective period but could also shed light on what is likely to happen in the short term. With the market ...
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