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AWARDS & HONOURS
Innovation award for BEML
Bharat Earth Movers Ltd has been conferred the Golden Peacock Innovation Management Award 2006. The award instituted by the Institute of Directors is in recognition of BEML's innovative management practices that have propelled ... More

AUDITING
ICAI plans to codify systems audits
NEW DELHI: The Institute of Chartered Accountants of India (ICAI) plans to codify best practices in information system audits for the benefit of its members. Once codified, the institute's members in practice would have to give a ... More

COURTS/LEGAL ISSUES
Army nod for book fair venue challenged
A Public Interest Litigation (PIL) has been filed by an advocate of the Calcutta High Court challenging the decision to grant permission to the Booksellers and Publishers' Guild to hold Book Fair 2007 at the Maidan. In the petition, it has ... More

Bail granted to accused in test-kit case
A Division Bench of the Calcutta High Court comprising Mr Justice D.P. Sengupta and Mr Justice P.K Deb granted bail to Gobind Sarda and Anand Maloo, the two accused in the defective blood test-kit supply case. The two have been ... More

MANAGEMENT
Meet on `Change management'
A two-day seminar on `Change management' will be organised by Dr M.V. Shetty College of Social Work, Mangalore, from January 22. A press release said here on Friday that Mr A. Fernandes, Vice-President (HR) of Mangalore Chemicals ... More

FINANCIAL PERFORMANCE
BOC India posts Rs 3.7-cr net in Q3
BOC India Ltd, now a member of the Linde Group, announced its third quarter results here on Thursday. The company ended the quarter with gross sales at about Rs 125.2 crore, profit before tax and extraordinary items about Rs 5 crore and net ... More

MERGERS & ACQUISITIONS
`Go for optimal way of funding overseas buys'
RBI's advice to corporates More

NEW PROJECTS
Sarin International opens branch in Madurai
The emerging paint brush manufacturing industry heregot a boost with the opening of a branch in the city on Thursday of Sarin International, Mumbai, the consignment stock agent of E.I.DuPont, US, the manufacturer of paint brush ... More

Crew B.O.S., Leather Crafts join hands for footwear unit
Crew B.O.S. Products Ltd, a New Delhi-based leather products company, plans to set up a footwear and accessories manufacturing unit near here in a joint venture with the Chennai-based Leather Crafts (India) Pvt Ltd. In an announcement to the ... More

OVERSEAS INVESTMENTS
Pak plant assembles Tata Daewoo trucks
Tata Motors has entered Pakistan through its 100 per cent South Korean subsidiary, Tata Daewoo Commercial Vehicles Ltd (TDCV). A plant for assembling heavy-duty trucks was commissioned in Karachi by Afzal Motors of Pakistan, in technical ... More

ALLIANCES & JOINT VENTURES
Pantaloon plans jt ventures with European cos for apparels
To target clothing segments for men and kids More

Petrobras, ONGC to partner for exploration activities
Form joint working group More

ONGC signs MoU with Russian co
To enhance production of matured fields More

Granules ties up with GSK Healthcare R&D
Granules India Ltd has signed its first Master Services Agreement with GlaxoSmithKline Consumer Healthcare R&D for product development recently. The agreement is part of the company's venture into contracts for product development with ... More

INTERVIEW
It is always a noble idea to simplify tax laws
The existence of many exemption provisions by itself should not be a cause for complexity for the taxpayer or revenue leakage. MR SUDHIR KAPADIA, HEAD OF TAX PRACTICE OF BSR & CO., MUMBAI. More

OUTLOOK
Travancore Chemicals plans to have captive hydel plant
Feasibility of a latex chlorination unit also under study More

ACC to boost cement capacity at Wadi unit
Opens help centre in Hyderabad More

JSW Steel plans capacity expansion to 31 mt
To invest Rs 85,000 crore in the project More

PERFORMANCE
DSP hot metal production peaks
Hot metal production at Durgapur Steel Plant during the third quarter ended December 31, 2006 stood at an all-time high of 5.81 lakh tonnes, even as production of crude steel, saleable steel and continuous casting products during ... More

PEOPLE
Ashok Piramal group appoints MD
Ashok Piramal Group has appointed Mr Mahesh Gupta as its Group Managing Director. Mr Gupta joined Ashok Piramal Group as Group Executive Director and has been working for over 17 years with the group, including nine years as ... More

Zee Business auto show wins award
Zee Business auto show Wheelocity has won the best business show award from the Association of Business Communicators of India. The 46th Awards promoting excellence in business communications organised recently ranked the ... More

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