CORPORATE
ANNOUNCEMENTS
GSPC announces oil strike in Cambay Olpad block
DGH seeks appraisal report in 60 days for commercial use
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Essar Oil plans drilling in Myanmar
Seismic data acquired in onshore, offshore blocks
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OVERSEAS BORROWINGS
IFC may lend $20 m to TVS Indonesian arm
Chennai, July 7 IFC, Washington, is likely to lend $20 million to TVS Motor Company’s Indonesian subsidiary, PT TVS Motor Company, Indonesia. IFC’s Web site notes that the proposed project of the subsidiary consists of ...
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CONSULTING
French firm to help NHAI decide electronic toll standard
Electronic toll systems would allow road users automatic debit when they drive past toll plazas.
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HUMAN RESOURCES
Global hires serve hospitality industry
EXPAT TALENT
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‘People management key to global enterprise’
Hyderabad, July 7 Efficient handling of issues pertaining to the integration of people and business processes is vital for an organisation to be a global enterprise, according to Mr Baba N. Kalyani, Chairman and Managing Director, Bharat Forge ...
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NEW PROJECTS
STC sets up tea processing plant
About 300 growers signed up for supply of green leaves
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TAFE Power sets up battery plant near Chennai
Chennai, July 7 TAFE Power Source, a division of Tractors and Farm Equipment Ltd (TAFE), has set up a battery manufacturing plant at Maraimalainagar with an investment of Rs 100 crore. This is TAFE Power’s third facility and was ...
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Ramsarup Lohh plans steel unit in Kharagpur
Kolkata, July 7 Ramsarup Lohh Udyog Ltd, a member of the Ramsarup Group, is setting up an integrated steel plant at Kharagpur as part of a backward integration programme initiated by the company. The estimated investment on the project ...
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Manam group plans doubling capital expenditure
Bangalore, July 7 The Tamil Nadu-based Manam Group plans to double its capital expenditure to Rs 15 crore during next fiscal to leverage the growing inroads into the market for its marine engines and new products for the agricultural sector. ...
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OVERSEAS INVESTMENTS
A railway line to the land of opportunities
IRCON International will soon sign its first contract with Ecuador
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Export Credit Corp mulls operations in UK, Gulf
The Export Credit Guarantee Corporation (ECGC) of India Ltd is planning to begin its overseas operations in some of the major centres such as the UK, Gulf and Africa. Addressing the exporters and bankers at the Golden Jubilee ...
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BUSINESS MODELS
Breaking new ground
While international real-estate majors have adopted a variety of business models, Indian companies are still at the experimentation stage in tapping market opportunities. Here is a walk-through of a few business models being tried out by players ...
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OUTLOOK
Rashtriya Chemicals may go for coal-based gas as feedstock
Option might be cheaper than buying natural gas from Reliance
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PERFORMANCE
How to read an Annual Report
The thought of poring over annual reports to glean information about a company or its growth prospects may seem terribly dull to most new investors. At a time when there is an overflow of information across media channels and scores of ...
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PEOPLE
GAIL’s new marketing director
Mr B.C. Tripathi has taken over as Director (Marketing) of GAIL (India) Ltd. Prior to this, Mr Tripathi was Executive Director (Projects) with the company. As Director (Marketing), Mr Tripathi will be responsible for marketing GAIL’s ...
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