CORPORATE
RESEARCH & DEVELOPMENT
Sun Pharma plans to spend Rs 300 cr in research
Plans demerging, listing of research outfit
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ANNOUNCEMENTS
Maruti hikes prices across all models
Maruti Udyog Ltd on Thursday hiked prices of all its models on account of increased cess announced in the Union Budget 2007-08. The hike ranges between Rs 258 and Rs 1,017 (ex-showroom-Delhi prices) and is effective across the country. The ...
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Battery operated two-wheelers launched
No registration or licence is required for the vehicle
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DIVIDEND ANNOUNCEMENT
Nestle India announces interim
The board of directors of Nestle India on Thursday declared an interim dividend of Rs 6.50 per equity share for the year 2007. The company also declared a third interim dividend for the year 2006 of Rs 1.50 per equity share. The ...
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NEW BUSINESS
L&T consortium bags Rs 1,400-cr order for VSP expansion
Larsen & Toubro Ltd (L&T) and its consortium partner Paul Wurth Italia have bagged an EPC (Engineer-Procure-Construct) package, valued over Rs 1,400 crore, for the expansion of Vizag Steel Plant of Rashtriya Ispat Nigam Ltd (RINL). In line wi
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Gayatri Projects bags orders worth Rs 192 cr
Gayatri Projects Ltd (GPL), the Hyderabad-based infrastructure major, has secured orders worth Rs 192 crore to execute four projects in different states. The flood control project for the Visakhapatnam Airport valued at Rs 51.19 crore and the ...
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ESOPS
`Tax employees on ESOPs, not cos'
In regard to the recent announcement in the Union Budget to introduce Fringe Benefit Tax on employee stock option plans, Nasscom has urged the Government to levy taxes on employees exercising the option instead of the companies. ...
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AUDITING
Control Solutions enters Indian market
Keen to become single solution for internal audit, compliance services
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HUMAN RESOURCES
GE Healthcare may raise India headcount
Plans to introduce more products this year
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MERGERS & ACQUISITIONS
Areva offers more than Suzlon for German turbine co
Will evaluate further details and issue response: Tulsi Tanti
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CORPORATE GOVERNANCE
SEBI not a trigger-happy regulator: Damodaran
Believes in persuading people on good value systems
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NEW PROJECTS
Small car project on track, says Tata Motors MD
The Singur small car project of Tata Motors is on track and will be ready by the middle of next year, according to Mr Ravi Kant, Managing Director. Mr Ravi Kant, who was here today in connection with a seminar organised by the Federation of ...
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Berggruen begins work on `Keys' budget hotel
Aims to have 40 international properties by 2010-11
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OVERSEAS INVESTMENTS
FACT submits report on Egypt project
Ministry-level delegation to evaluate and finalise details
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ALLIANCES & JOINT VENTURES
NTPC, Coal India tie-up for power plants
National Thermal Power Corporation Ltd (NTPC) has entered into an agreement with Coal India Ltd (CIL) to develop and run coal blocks and integrated coal based power plants. As per the MoU, both companies will leverage each ...
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SAIL, J.P. Associates to form venture for cement plant
Plant to come up in Bhilai; SAIL to hold 26%
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GAIL, Reliance sign pact for cooperation in gas sector
Aims at better utilisation of pipelines
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BPCL, partner bag refuelling bid
A consortium of Bharat Petroleum and Singapore's STARS has bagged the bid to provide into-plane refuelling service at the upcoming Bangalore International Airport. The partners signed a 10-year contract with Bangalore ...
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Bird Group, Dusit Hotels in tie-up
The Bird Group, under its wholly owned subsidiary Bird Hospitality Services, on Thursday announced a tie-up with the Thailand-based, Dusit Hotels and Resorts to develop six hotels and resorts here. "We plan to develop hotels in a ...
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