CORPORATE
RESEARCH & DEVELOPMENT
Stryker Corp opens first Asia Pacific R&D centre at Gurgaon
Would work on developing next generation technologies
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NEW BUSINESS
NCR Corp bags contract from HSBC
NCR Corporation, a company that manufactures automated teller machines, has secured a contract from Hong Kong and Shanghai Banking Corporation to manage its off-site ATM centres in the Western and Southern regions of India. NCR will provide ...
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ESOPS
Is it the end of ESOPs?
ESOPs may die a natural death with companies disinclined to issuing stock options if they are to bear the burden of taxation.
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CREDIT RATING
Mandatory IPO grading `positive' for investors
Rating agencies will not comment on price band or valuations
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CORPORATE GOVERNANCE
`Truth at all levels helps companies thrive'
`Innovation helps one succeed'
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NEW PROJECTS
POSCO chief meets Finance, Industry Ministers
The Chairman of Korean steel maker POSCO, Mr Ku Taek Lee, met the Union Finance Minister, Mr P. Chidambaram, on Friday to appraise him of the progresses in the company's Orissa project. He also met the Union Commerce and Industry Minister, Mr ...
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Parsvnath launches new project
Delhi-based Parsvnath Developers Ltd has launched its Rs 325 crore project Parsvnath Privilege in Greater Noida consisting 3-bedroom luxury condominiums. The project sprawls over an area of 25 acres with built-up area of more ...
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Tata Motors readying line for Renault's Winger
Tata Motors is readying the assembly line to manufacture a pick-up van modelled on the Renault Trafic. The new model renamed `Winger' will be produced at Pune, and according to sources, the company purchased both the design and machines from ...
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OVERSEAS INVESTMENTS
`Overseas M&A has boosted India Inc confidence'
The recent wave of acquisition of companies overseas by Indian corporates is a sign of the country realising its potential and become a strong economic power. Dr S.K. Gupta, Director, JSW Steel Ltd, said that the recent wave of acquisitions of ...
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ALLIANCES & JOINT VENTURES
Chinese steel firm Wuhan plans joint venture in India
A delegation from the Chinese Steel major, Wuhan, called on the Minister of State for Steel, Dr Akhilesh Das, on Friday and expressed its interest for joint ventures in India. A four-member delegation from the company led by its Chairman, Mr Deng ...
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SOCIETY & DEVELOPMENT
Fabindia, ICICI start fund for craft cos
Artisans Micro Finance Private Ltd will provide Rs 100 cr in five years
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DIVERSIFICATION
Emami signs pact with Chhattisgarh for cement unit
The personal care and health-products major Emami Ltd with interests in paper and real estate has forayed into cement sector. It has signed a MoU with the Chhattisgarh Government for setting up a 4-million-tonne plant including a 100-MW captive ...
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OUTLOOK
KG gas find: ONGC ready for conventional testing
Wants DG Hydrocarbon to review decision on ultra deep water well
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3M eyes new segments; expands existing facilities
Exploring tie-ups with cos having strong marketing network
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HPCL Vizag's record throughput
HPCL's Vizag refinery has achieved a record throughput of nine million tonnes for 2006-2007, according to a release. Mr A.S. Rao, Executive Director, congratulated the employees and said that the milestone was made possible due ...
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