CORPORATE
ANNOUNCEMENTS
Dish TV to raise Rs 1,100 cr
New Delhi, Oct. 8 Dish TV India Ltd, Essel Group’s Direct-to-Home (DTH) service provider, is looking to raise Rs 1,100 crore. “It will be a combination of debt and equity. We are in talks with people, including some who have a ...
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Asiana Hotels unveils luxury property in Chennai
Chennai, Oct. 8 Asiana Hotels Pvt Ltd has launched its first property here. The 114-room new property has been developed on 2.25 acres of land on Old Mahabalipuram Road at an investment of Rs 100 crore. According to Mr Shri ...
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Keerti deploying SAP tool
Keerti Industries Ltd (formerly Suvarna Cements Ltd) today announced it is in the process of deploying SAP Business One as its business management solution. The SAP Business One solution is being deployed by Positive Solutions, according to a ...
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Godrej Consumer to hike capital
Godrej Consumer Products Ltd has informed the BSE that members of the company by way of postal ballot passed resolutions to increase authorised capital from Rs 25 crore divided into 25 crore equity shares of nominal value of Re 1 each to Rs 30 ...
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PREFERENTIAL ALLOTMENTS
Arvind Mills plans Rs 263.12-cr pref issue
Chennai, Oct 8 Arvind Mills Ltd has informed the BSE that an EGM will be held on October 23 to get approval to increase the authorised share capital of the company from Rs 320,00,00,000 to Rs 450,00,00,000 The meeting will also consider ...
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Everest Kanto pref issue gets nod
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Apollo Hospitals pref issue okayed
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NEW BUSINESS
Bombardier bags contract for metro signalling
Setting up metro coach unit in Vadodara
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BHEL bags Vizag Steel order
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Fabtech bags order for HPCL project
Fabtech Projects & Engineers Pvt Ltd has bagged a Rs 120 crore order to put up an advanced LPG and propylene mounded storage system for HPCL at its Visakhapatnam refinery. This will be executed on a lumpsum turnkey (LSTK) basis, and is ...
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Kilburn Engg bags Rs 5.9-cr orders
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COURTS/LEGAL ISSUES
Govt suggests revised approach to Glivec case
IP Board without technical member can hear Novartis appeal
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MERGERS & ACQUISITIONS
Autoline seeks FIPB nod for taking 51% stake in US co
New Delhi, Oct.8 Pune-based auto component maker Autoline Industries Ltd has sought the Foreign Investment Promotion Board (FIPB) approval for acquisition of 51 per cent stake in US-based Detroit Engineered Products Inc, for a total ...
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Hindalco completes buying Alcan stake in Utkal Alumina
Chennai, Oct 8 With reference to the earlier announcement dated July 19 regarding its plan to acquire Alcan’s stake in Utkal Alumina, Hindalco Industries Ltd has informed the BSE that acquisition of entire shareholding of Alcan Inc, ...
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NEW PROJECTS
Caparo group expanding in India
Pune, Oct 8 The NRI industrialist Lord Swraj Paul-led Caparo Group is set to expand its operations in the country by setting up new facilities, besides expanding the existing ones. The group has in its pipeline 22 projects, which are ...
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Radico to set up distillery at Aurangabad
Pune, Oct 8 Spirits company Radico Khaitan Ltd is setting up a distillery in Aurangabad, Maharashtra through a tripartite joint venture with NV Distillers and Riddhi Siddhi Pvt Ltd. Radico owns 36 per cent stake in the new venture while ...
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Praj Ind setting up sweet sorghum ethanol plant
Pune, Oct. 8 Pune-based Praj Industries Ltd (PIL) is setting up a fully integrated, commercial scale plant for ethanol production exclusively from sweet sorghum at Nanded for Tata Chemicals Ltd. The plant, which will have a crushing ...
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MMTC proposes medallion, gold refining plant
Talks in progress; plans jewellery SEZ
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OVERSEAS INVESTMENTS
Emmsons Intl floats Swiss arm
commodity trading, having worked as a Director for Louis Dreyfus in Paris and Andre in Lausanne, Switzerland. - Our Bureau | 
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