The Hindu Business Line : Sunday, August 05, 2007

NEW BUSINESS
Punj Lloyd bags order
Punj Lloyd’s subsidiary, Sembawang Engineers and Constructors (Sembawang) have secured a contract worth about Rs 660 crore for sub-structural works at the Sentosa Integrated Resort Development. The project includes construction, ... More

COURTS/LEGAL ISSUES
HC ruling on settlement under Industrial Dispute Act
Chennai, Aug. 4 A settlement under Section 12(3) of Industrial Disputes Act is binding even on a worker who is not a party to it under Section 18(3)(d), the Madurai Bench of Madras High Court ruled.Hearing a writ petition from V. ... More

HC orders interim injunction on Pioneer Mills
Chennai, Aug. 4 The Madras High Court has ordered interim injunction against Coimbatore Pioneer Mills Ltd restraining the company from alienating or encumbering any more, its property, movable and immovable, pending disposal of a writ ... More

MANAGEMENT
Productivity on wheels
Chennai, Aug. 4 Even avoidable movement of workers is ‘muda’, Japanese for ‘waste’, says Mr Taiichi Ohno, the guru who devised and practiced the Toyota Production System, the original of today’s ‘lean ... More

FINANCIAL PERFORMANCE
Challenging first quarter, managed well
Allaying market fears of a reversal in fortunes, India Inc has put out a robust earnings card for the June quarter. Despite last year’s bigger base, Corporate India scored a 17 per cent increase in revenues, while earnings grew about 36 per ... More

NEW PROJECTS
Apollo building 3 hospitals in Mumbai at Rs 600 cr
Chennai, Aug. 4 Three hospitals in Mumbai — for which a sum of Rs 600 crore has been earmarked even while investment estimates are being drawn up — are among the clutch of hospitals that Apollo Hospitals Enterprise Ltd is building ... More

Domino’s plans pizza dough making facility
Pune, Aug. 4 Setting up pizza dough making facilities in three locations, expansion of outlets and innovative products to cater to the domestic market, are all part of the roadmap that has been chalked out by Domino’s Pizza India ... More

BPCL-Kochi Refineries plans upgradation project
Detailed study on; Estimated to cost Rs 5,000-8,000 cr More

ALLIANCES & JOINT VENTURES
Biocon in Dubai
Biocon has signed a MoU with Neopharma to establish Neobiocon, a joint venture company in Dubai’s biotechnology and research park. The venture expands Biocon’s global network to provide bio therapeutics. ... More

Nursing a dream
Apollo Hospitals has formed a joint venture company with a unit of the Mauritius-based British American Investment (BAI), to set up a multi-speciality hospital in the country. In the joint venture, Apollo will hold 26 per cent while the rest ... More

SOCIETY & DEVELOPMENT
Lanco Trust in pact to help trafficking victims
Hyderabad, Aug. 4 Lanco Institute of General Humanitarian Trust (Light), a corporate social responsibility arm of the Lanco group, has signed up with the Geneva-based, International Organisation for Migration (IOM), to assist people trapped ... More

Toyota’s road safety drive
To create awareness about traffic safety among the drivers of tomorrow (children), Toyota Kirloskar Motor (TKM) has launched an ambitious road safety education programme. The programme is set to cover over 20,000 school children across ... More

DIVERSIFICATION
Jindal Steel planning aviation foray
Mumbai, Aug 4 Jindal Steel and Power is preparing to enter the country’s aviation sector, arguably the fastest growing aviation market in the world.The Naveen Jindal-led company’s board of directors on Saturday decided to ... More

PERFORMANCE
RSP registers record output in July
Rourkela Steel Plant (RSP) commenced the second quarter of fiscal 2007-08 by registering an all-time best performance for any July month since inception of the plant. According to a communication issued by RSP, hot metal production from the blast ... More