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Thursday, July 05, 2007
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ANNOUNCEMENTS
USV gets USFDA nod for Daman facility
Mumbai, July 4 Drug-maker USV Ltd’s manufacturing facility at Daman that makes finished dosage forms of medicines has received approval from the United States Food and Drug Administration. This will allow the company to manufacture ... More

ACCOUNTING STANDARDS
Global accounting standards?
The signs are certainly encouraging for a global set of accounting standards since the US has decided to cooperate in the convergence project of the IFRS. More

OVERSEAS BORROWINGS
HPCL-Mittal venture to raise $1 b foreign borrowings
In the process of firming up Rs 8,000-crore loan More

AWARDS & HONOURS
Tata Motors bags ICWAI award
Tata Motors has won the national award for excellence in cost management for the year 2006, conferred by the Institute of Cost and Works Accountants of India (ICWAI). Tata Motors bagged the first prize in the manufacturing category in the private ... More

MANAGEMENT
Independent directors: Let’s not chase a chimera
More

CREDIT RATING
Fitch upgrades Corus
Rating agency assessed consolidated financials More

HUMAN RESOURCES
‘Employees can no longer rely on employer to look after their long-term careers’
Chennai, July 4 Internal talent development programmes should focus on cost-effective plans for meeting talent needs such as assessing the skills needed, how long they will be needed and what the most effective way to secure them is, says Prof ... More

CORPORATE BONDS
No plans to raise petrol, diesel price, says Murli Deora
Petro bonds for PSUs More

MERGERS & ACQUISITIONS
JM in pact with ASK Securities
JM Financial announced today that it has entered into a joint venture with broking firm ASK Securities. It has agreed to take 60 per cent in the venture, which will focus on equity research and institutional sales & trading. The transaction ... More

CORPORATE GOVERNANCE
IFC, Reuters Foundation to train journalists
The IFC Global Corporate Governance Forum and the Reuters Foundation have come together to design a training programme and a toolkit for journalists reporting on corporate governance issues. The two have signed an agreement to enhance ... More

NEW PROJECTS
Subhash Projects offers tools for modernising utilities
Bangalore, July 4 Utilities grappling problems of management and distribution efficiency could soon be using an integrated information system and tools to modernise its practices to achieve higher revenue collection.A joint venture ... More

ALLIANCES & JOINT VENTURES
Dow Chemicals signs pact with Gujarat Alkalies
Decision to ‘synergise’ efforts; working on long-lasting co-operation More

Honeywell joins Clinton energy efficiency initiative
Bangalore, July 4 Honeywell has announced that it joined the Clinton Climate Initiative in a global effort to help cities around the world improve the energy efficiency of buildings and decrease greenhouse gas emissions.Honeywell, a ... More

Gitanjali, ICICI Bank tie up for jewellery credit card
More

HDIL plans tie-up with Lehman Brothers
Housing Development and Infrastructure Ltd (HDIL), the real estate arm of the Wadhawan Group, is likely to partner New York-based Lehman Brothers in the proposed hospitality venture in Mumbai.According to industry sources, HDIL is in ... More

Square Engg signs pact with Ausssie co
Pune July 4 The Pune-based Square Engineering Pvt Ltd, (SEPL) has signed a manufacturing licence with South Australian renewable energy company, Green and Gold Energy (GGE) for advanced sun cube solar appliances.Talking to presspersons, ... More

OUTLOOK
Eicher Motors looking at expanding product range
More

Kraft ready to explore all options for India entry
Kraft Foods, which has made a bid for Groupe Danone’s biscuit business, is willing to explore all options including entering into a joint venture to market its products in India.“We are willing to look at all sorts of ... More






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