CORPORATE
ANNOUNCEMENTS
Rain Calcining to end pact with Oxbow
Hyderabad, July 23 Rain Calcining Ltd served a notice to Oxbow Carbon & Minerals LLC for termination of calcined coke marketing agreement and green petroleum coke supply agreement entered into on September 18, 2004.Oxbow had ...
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NEW BUSINESS
Punj Lloyd venture order
NEW DELHI: Engineering and construction firm Punj Lloyd today said its joint venture firm Dayim Punj Lloyd has secured a Rs 320 crore order from Saudi Kayan Petrochemical Company to build tanks and terminals. Dayim Punj Lloyd has ...
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RESTRUCTURING
Shyam Telecom shareholders in a fix over non-listing of Telelink shares
Facing problem over valuation for filing tax returns
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Bhagyanagar de-merger okayed
The board of directors of Bhagyanagar India Ltd approved in principle de-merger of the auto components, refrigeration, solar and telecom business of the company. A detailed scheme of arrangement shall be placed before the board for approval at ...
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MERGERS & ACQUISITIONS
Taro shareholders given time on Sun Pharma’s proposal
Taro reschedules its shareholder meeting to September 25
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GE arm picks 15% in Titagarh Wagons
New Delhi, July 23 In order to gain access to the fast growing rail wagon manufacturing and leasing market in India, GE Equipment Services (GEES) and Commercial Finance has picked up 15 per cent equity in Titagarh Wagons Ltd (TWL) for an ...
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OVERSEAS INVESTMENTS
OVL eyes Transmeridian’s oilfield in Kazakhstan
New Delhi, July 23 ONGC Videsh Ltd (OVL), the overseas arm of ONGC, may acquireUS oil firm, Transmeridian Exploration Inc’ s oilfields in Kazakhstan. An OVL team abroad is said to be considering the proposal. However, senior ...
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DIVERSIFICATION
Nalco eyes cement manufacturing
Scouting for partner; to use fly ash from its captive unit in Orissa
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OUTLOOK
Ratnagiri may start power generation using gas as feedstock by mid-Aug
New Delhi, July 23 Ratnagiri Gas and Power Pvt Ltd (RGPPL), the erstwhile Dabhol power plant, may generate electricity using gas as a feedstock by mid-August. GAIL (India) Ltd, an equal promoter in RGPPL, on July 10 transported gas to the ...
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Astonfield plans India projects worth $1.5 b
Bangalore, July 23 Astonfield Management Ltd, a US-based infrastructure project management company, plans to invest nearly $1 billion - $1.5 billion (Rs 4,000 crore – Rs 6,000 crore) to take up projects in renewable energy, airport and ...
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Degremont bullish on India
Chennai, July 23 The France-based Degremont Suez, a multinational company in water treatment and recycling, sees India as a major market and a source for skilled human resource and equipment supply for its global operations.According to ...
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