CORPORATE
CORPORATE DISPUTES
RNRL seeks changes in gas supply pact with Reliance
The gas supply master agreement has emerged as a major bone of contention between the Ambani brothers.Reliance Natural Resources Ltd (RNRL), an Anil Ambani group company, has sought changes in the agreement through the intervention of ...
More
OVERSEAS BORROWINGS
Tantia announces closure of FCCBs
Tantia Constructions Ltd engaged in projects relating to civil and core infrastructure, announced on Thursday the closure of its $7.5-million offer of FCCBs (foreign currency convertible bonds). The bonds would be listed on Singapore Exchange ...
More
NEW BUSINESS
GMR bags Rs 500-cr Tidco project
For developing the multi-product SEZ at Hosur
More
BHEL bags order from Power Grid
Power equipment major Bharat Heavy Electricals Ltd has secured a Rs 6.3 crore order from Power Grid Corporation of India Ltd (PGCIL) to supply disc insulators for its transmission lines. PGCIL would use the insulators in its 800 kV ultra high ...
More
INSIGHT
Corporate governance — Short on compliance
More
MERGERS & ACQUISITIONS
Glenmark buys two antibodies from Canada’s Chromos
Takes company’s prospective molecules to 6
More
Tata Motors shines on hopes of picking Land Rover car plants
‘The deal, if it happens, could be beneficial in long run’
More
Color Chips to merge group cos
The Board of Directors of Color Chips India Ltd at its meeting on July 16 has considered the proposal of the merger of Color Chips India Ltd, Color Chips Animation Park Ltd and Millitoon Animation Pvt Ltd with Color Chips New Media Ltd. The Board ...
More
NEW PROJECTS
Bombardier bags $590-million Delhi Metro deal
New Delhi, July 19 Having bagged a $590-million tender to supply 340 metro coaches to Delhi Metro Rail Corporation, Bombardier Transportation plans to set up a coach manufacturing factory in Vadodara. The factory, for which Bombardier would ...
More
OVERSEAS INVESTMENTS
Wipro looks at buys in Germany, Canada
Wipro said on Thursday that it was looking for acquisitions in Germany and Canada to take advantage of the growing markets there. The Chairman of the company, Mr Azim Premji, said the company was planning to invest in Germany and ...
More
IOC, OIL give Devon’s Angola asset a miss
New Delhi, July 19 The consortium of Indian Oil Corporation (IOC) and Oil India Ltd (OIL) has decided to give US-based Devon Energy’s Angola acreage offer a miss. The bid submission date was July 18. Sources told Business Line ...
More
Wipro BPO to start operations in China
Bangalore July 19 Wipro BPO plans to start delivery operations in China during the current quarter to serve its customers in the region, said the Chief Executive, Mr T.K.Kurien, on Thursday. The company plans to have about 300 people in China ...
More
ALLIANCES & JOINT VENTURES
Jindal Steel inks pact with Bolivian Govt
For developing iron ore mine, steel plant
More
ABL Bio, CMC Vellore sign pact
Chennai, July 19 ABL Biotechnologies Ltd, a Chennai-based marine biotechnology research and development company, has signed an MoU with Christian Medical College, Vellore for joint research in tuberculosis, cancer, cardio vascular diseases ...
More
ONGC, HPCL sign pact to share infrastructure
New Delhi, July 19 Oil and Natural Gas Corporation Ltd (ONGC) and Hindustan Petroleum Corporation Ltd (HPCL) have entered into a memorandum of understanding (MoU) to share infrastructure and expertise. According to a statement issued by ...
More
DIVERSIFICATION
Texmaco plans Rs 1,000-cr food park venture with LMJ Intl
Kolkata, July 19 Texmaco Ltd, a K K Birla group company, is planning to set up a “food park” — an industrial zone for food processing units — at Sankrail, some 25 km off Kolkata in Howrah District.Announcing ...
More
RIGHTS ISSUE
AAIFR stays Dunlop rights allotment
Kolkata. July 19 The allotment of shares of Rs 27 crore rights issue by Dunlop India is in limbo due to a stay order issued by the Appellate Authority for Industrial and Financial Reconstruction (AAIFR). In a recent order, AAIFR stayed the ...
More
OUTLOOK
SCI undertakes big tonnage addition in Eleventh Plan
More
PERFORMANCE
Cochin Shipyard achieves record productivity
Kochi, July 19 Cochin Shipyard Ltd has achieved an all-time high of 1,81,000 dwt in shipbuilding this year surpassing the previous best of 1,10,206 dwt achieved in 2005-06 The yard is expecting a net profit of around Rs 58 crore ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds