CORPORATE
ANNOUNCEMENTS
ITC e-Choupal to focus on product traceability
Will help farmers earn higher returns
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NEW BUSINESS
Deal valley
BHEL has won contracts for setting up two units of 500 MW each in Jharkhand and two similar units in West Bengal from Damodar Valley Corporation (DVC). The contracts, valued at over Rs 6,500 crore, are for projects that are identified to ...
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Toy story
Hanung Toys & Textiles has signed an export order with IKEA (Sweden) for exporting soft toys/kids furnishing to the extent of Rs 600 crore (€108 million). The company expects business from IKEA to touch €15 million in the first ...
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COURTS/LEGAL ISSUES
‘Novartis verdict has no bearing on the price of any drug’
Chennai, Aug. 25 The recent judgment of the Madras High Court in the Novartis case has created the “mistaken impression” that it will now make it possible for certain drugs to be made available at low cost, according to Mr Arvind ...
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HUMAN RESOURCES
Tata Steel: Downsizing minus the tears
Managerial innovations in the co’s transformation
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MERGERS & ACQUISITIONS
Blackstone strikes
The promoters of Gokaldas Exports have entered into a share purchase agreement with private equity giant Blackstone to sell 50.10 per cent of their stake. Blackstone also proposes to mop up an additional 20 per cent — 6,875,200 equity ...
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ALLIANCES & JOINT VENTURES
S.S. Lootah Group keen for tie-ups with Indian cos
Kochi, Aug. 25 The UAE-based multi-billion dollar business conglomerate, S. S. Lootah Group, which has varied investment interests across a broad spectrum of industries in the UAE, Asia, Africa and Europe, is keen to invest in infrastructure, ...
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EVENTS
TATA STEEL - 100 YEARS AND BEYOND: A BUSINESS LINE FEATURE
A corporate giant with a mission
The story of Tata Steel and Jamshedpur is more than the story of an industry and a township that grew around it. It is a story of a man and his vision. It is a story of how the vision transformed into a tradition, and how the tradition was ...
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‘We are hopeful of becoming a 100-mt co’
Mr B. Muthuraman, Managing Director of Tata Steel, feels ‘honoured” to be at the helm of affairs of the company when it is celebrating its 100th year of existence. The acquisition of Anglo-Dutch steel maker Corus in its 100th year ...
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Towards improving the quality of life of the people
In a free enterprise, the community is not just another stakeholder in business, but is in fact, the very purpose of our existence”.“There is one kind of charity common enough among us, and which is certainly a good thing, ...
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JUSCO - Blazing new trails
Be sure to lay wide streets planted with shady trees, every other of a quick growing variety. Be sure that there is plenty of space for lawns and gardens. Reserve large areas for football, hockey and parks. Earmark areas for Hindu temples, ...
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Saga of trust and co-operation
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Tata Steel’s centenary celebration
Tata Steel has lined up a host of events for the citizens of Jamshedpur to commemorate 100 years of its existence. Mr B. Muthuraman, Managing Director, will cut a cake at the Tata Steel Archives at 12.30 p.m. This will be followed by the ...
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OUTLOOK
Apotex has big plans for Bangalore R&D unit
Mangalore, Aug. 25 The Canada-based Apotex Pharmachem Inc, which has operations at Bangalore, is planning to make the unit as the largest R&D (research and development) centre outside Canada. In this regard, it is planning to ...
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Hotel Leelaventure aims at doubling room capacity
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TVS Motors takes tech route for cost-cutting
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