CORPORATE
NEW BUSINESS
Tata Motors bags Delhi bus order
Tata Motors has bagged a prestigious order from the Delhi Transport Corporation (DTC) for 500 non-AC, CNG-propelled buses. The company has won the order participating in a global tender floated by DTC, matching world-class ...
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Stone bags Defence Ministry order
Stone India has received an order for refurbishment and upgradation of 1,115 wagons from the Union Ministry of Defence. The order is valued at about Rs 14 crore, to be executed over the next eight months. Stone India is the first ...
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MERGERS & ACQUISITIONS
Jupiter Bio board okays stake sale to Ranbaxy
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GVFL divests stake in Colortek
GVFL Ltd said it will divest its holding in Gujarat's Valsad-based Colortek (India) Ltd, a company producing liquid colorants for colouring plastics. In 1993, GVFL had invested Rs 15.5 crore in two phases from its venture capital fund GVCF ...
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NEW PROJECTS
SonoSite plans training centre in Hyderabad
Sonosite Inc, a provider of hand-carried ultrasound equipment, is planning to set up an education and training centre here to provide technology training required for customers. The US-based company will focus on education and training to ...
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Videocon plans Rs 1,000-cr semiconductor unit near Kolkata
Setting up 2 SEZs in Bengal — Dabgram and Kharagpur
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OVERSEAS INVESTMENTS
Sanmar lines up $550-m investment in Egypt
More domestic projects in the pipeline
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India's quest for role in Azerbaijan oil sector bearing fruit
ONGC Videsh gets nod for negotiations for investments
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TRADE & LABOUR UNIONS
Hind Motors management stays away from tripartite meet
Even as the management of Hindustan Motors (HM) stayed away from a tripartite meeting convened by the West Bengal Government here today to resolve the imbroglio at the Uttarpara factory, the Government went ahead with the meeting with ...
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ALLIANCES & JOINT VENTURES
The chequered course of Utkal Alumina project
The Utkal Alumina project has been a troubled one ever since it was conceived 14 years ago. The implementation of the project to produce one million tonnes of alumina per annum ran into trouble following resistance by local tribals over land ...
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Alcan parts ways with Hindalco
Offloading stake in Utkal Alumina; Birlas may exercise first right of refusal
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DIVERSIFICATION
Cholayil entering film production, real estate biz
Cholayil Products and Services, headed by Mr A.V. Anoop, is planning big for the brand Sanjeevanam. The company has entered into a tie-up with Canada-based Kosmos Medical Tours Inc for expansion of the brand. "We are planning to take the brand in ...
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PM seeks expert opinion on NTPC's equipment foray
Shortfall of 10th Plan generation capacity
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OUTLOOK
Alembic launching 7 new products
The Vadodara-based pharma company Alembic Ltd is set to launch several new products and expects to enter the $200-million formulations spectrum as a future growth strategy in the overseas market in the next couple of years. The century-old ...
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Canon on reorganisation drive for doubling revenues
Sales and marketing group split into 4 divisions
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NTPC exploring setting up of coastal projects in South
Considering Cheyyur, Ramanathapuram as locations
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Chunk of land waiting to be developed
Half a decade ago, when the Sanmar group was evaluating the merits of getting into textiles business, it bought a chunk of land — 150 acres near Sriperumbudur. The textile project was given up, but the group still owns the land. Today it ...
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PEOPLE
Business communication Fellowship
The Association of Business Communication of India (ABCI), Mumbai, has announced that it has chosen Mr M.B. Jayaram, General Manager (Corporate Communications), Karnataka Power Corporation Ltd, as the "Fellow of the Brain Trust ...
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