CORPORATE
ANNOUNCEMENTS
Glochem to sell drugs in US
Hyderabad, Aug. 16 Glochem Industries Ltd has received the USFDA approval for its products, Amlodipine Besilate and Cetirizine dihcl, being manufactured at its facility at Bollaram near here. The approval would give Glochem access to ...
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PREFERENTIAL ALLOTMENTS
Dewan Housing allots shares to Caledonia, Wadhawan Holdings
Mumbai, Aug .16 Dewan Housing Finance Corporation Ltd has allotted 70,65,456 equity shares of Rs 10 each at a premium of Rs 65 per share to Caledonia Investments Plc, London, upon conversion of 70,65,456 optionally convertible preference ...
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HUMAN RESOURCES
‘Labour imbalance bane of India’s garment productivity’
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NEW PROJECTS
Paradip project: IOC may start tendering process soon
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TCF-NADI setting up 2nd unit in Chennai
TCF-NADI Industrial Fans Pvt Ltd is investing about Rs 6 crore to set up its second factory near Madhavaram here, which will double its total production capacity to 5,000 industrial fans a year. The 50:50 joint venture company of ...
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ALLIANCES & JOINT VENTURES
Polls may delay GSPC’s choice of partner
Deendayal gas field in K-G basin
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SAIL, Posco ink pact to share marketing network
New Delhi, Aug. 16 SAIL and Posco have entered into a strategic partnership to co-operate in the area of purchasing raw materials and sharing marketing network in India.“The two companies have signed a memorandum of understanding ...
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DSCL completes land deal with DLF subsidiary
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Mitsubishi Motors, HM ties to undergo significant change
Japanese auto giant will now manage marketing function
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Adani Wilmar ties up with Gulf retail chain
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ENTERPRISE RESOURCE PLANNING
Malabar Cement goes live on SAP ERP
Kochi, Aug. 16 Malabar Cement Ltd, the flagship company of the Kerala Government, has gone live on SAP ERP. The implementation of SAP ERP is expected to create an IT platform in the company that would bring transparency, ...
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OUTLOOK
Hero to launch high-speed e-bikes
Ahmedabad, Aug. 16 The Hero Group would be launching high-speed battery-run two-wheelers as also three-wheelers in a few months, but has no plans, as of now, to introduce electric four-wheelers. “We are working on and testing the ...
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ONGC may raise crude output
Oil & Natural Gas Corporation’s crude oil output is expected to go up in the next three years. The Minister of State in the Ministry of Petroleum & Natural Gas, Mr Dinsha Patel, informed the Lok Sabha, that the company proposes to ...
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