CORPORATE
ACCIDENTS
Indu Projects gets safety certificate
Indu Projects Ltd, the city-based real estate and construction company, has received OHSAS 18001:1999 certification by TUV SUD Management Services, Germany, for safety standards. "It proves that Indu adheres to the highest safety ...
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ANNOUNCEMENTS
M&M drives Scorpio into Morocco
MediAuto, owned by GBH Group based in France, appointed distributor
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OVERSEAS BORROWINGS
Pokarna raises $12 m via bonds
Pokarna Ltd, a city-based processed granite exporter and apparel manufacturer, has raised $12 million by issuing FCCBs (foreign currency convertible bonds). The zero coupon FCCBs are convertible into shares at Rs 295.64. The ...
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MANAGEMENT
Management journal launch
The Nitte Management Review - a biennial research journal of the Justice K.S. Hegde Institute of Management, Nitte - will be launched on April 3. A press release by the institute said here on Friday that the Nitte ...
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MERGERS & ACQUISITIONS
Kerry picks up 51% stake in Reliable Freight
Will focus on putting up distribution centres, warehouses and box freight stations
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NEW PROJECTS
GAIL lines up Rs 18,000 cr for new projects
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New battery unit planned
A new battery-manufacturing unit is being set up by Batteries India Ltd in Kanchikacherala near Vijayawada with an estimated investment of Rs 65 crore. The integrated battery plant would produce valve-regulated lead acid (VRLA) ...
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OVERSEAS INVESTMENTS
AV Birla group plans expansion of viscose staple fibre capacity
The Aditya Birla group will invest close to $260 million (Rs 1,170 crore) in brownfield expansions to increase its global viscose staple fibre capacity by a third by mid-2008. In the next one year, brownfield additions to the group's facilities ...
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Four Seasons Wines gearing for brand launch
In talks with cos in Australia, US for buys
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TRADE & LABOUR UNIONS
HM invites unions for talks
With a view to breaking the impasse arising out of continuing agitation by a section of the workers at the Hindustan Motors (HM) Uttarpara plant, the company management has invited all five registered trade unions for talks on ...
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ALLIANCES & JOINT VENTURES
NTPC stake in TELK awaits Centre's nod
The NTPC board has decided to go for a joint venture with the Kerala-owned Transformers and Electricals Kerala Ltd (TELK). Since a decision on the percentage of equity participation in the joint venture has to be taken by the Centre, NTPC ...
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SOCIETY & DEVELOPMENT
Corporates setting up anti-retroviral treatment centres
ACC Cements, CMC, Thapar Group and Godrej Group will be sponsoring four Anti-retroviral Treatment (ART) centres. In keeping with tradition, the corporate sector announced its social initiative on the eve of the launch phase three of the ...
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OUTLOOK
Glaxo set for cardiovascular drug launch soon
Plans licensing deals with Japan, US cos
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`Lanco-Jindal combine best placed to execute Sasan project'
Final decision to be taken by evaluation panel
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Globarena Technologies plans expansion
Bullish on the market for career development solutions, the Hyderabad-based Globarena Technologies is planning to open 100 career campus centres across the country over next three years. "We will open 85 centres outside Andhra Pradesh over next ...
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Identify properties for mining, Coal India arms told
Task force formed for increasing production
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GAIL may infuse additional funds in Ratnagiri Gas
... provided it gets the liquefied natural gas terminal
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Mahindra Intertrade to offer value-added steel services
Plans three plants across auto centric regions
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