The Hindu Business Line : Monday, October 22, 2007

Oil rich
Assam Company has announced it has discovered two new reservoirs of oil and gas at Amguri 11 well in the Assam/Arakan basin, along with its Canadian operating partner Canoro Resources. ... More

NEW BUSINESS
Jacking up
Jindal Drilling and Industries has been awarded another contract worth Rs 660 crore for charter hire of newly built jack-up rig (Discovery - I), by ONGC. With this, the total order book stands for the company stands at Rs 2,500 crore. ... More

Airport lift
Housing Development & Infrastructure Ltd (HDIL) has bagged a project for slum rehabilitation of airport land, awarded by Mumbai International Airport. It will in return receive development rights of land in the same ... More

INSIGHT
PERSPECTIVE
The corporate objective
One of the key imperatives for reaching corporate excellence is the definition and enunciation of an overarching corporate objective for the company. This statement of objective will provide the requisite coherence and substance to all the ... More

POLICY
Cap on number of investment cos unlikely
New Delhi, Oct. 21 The Ministry of Corporate Affairs (MCA), which is working on a new revamped Company Law, is unlikely to put a cap on number of investment companies a promoter or corporate house can float. Official sources told More

MANAGEMENT
Trusting them to deliver the goods
An efficient manager comprehends the needs of the management and propels his team towards achieving these needs. He is a person who can get his team to deliver the goods and maintain a high level of performance.Analysing the ... More

HUMAN RESOURCES
REALITY BITES
Changing people: Myth and reality
Experience shows that it is futile to try and make people behave very differently from what they have been schooled to do for years. More

RESTRUCTURING
Pharmaceuticals: Demerger of R&D units — a new trend
More

No cure-all prescription

While separating the NCE business does help de-risk and bring cost benefits to the parent company, these companies do pose some challenges for investors. First is the question of how to value research outfits that focus on ... More

NEW PROJECTS
POSCO stalemate: Naveen Patnaik ready for dialogue
Bhubaneswar, Oct. 21 Close on the heels of POSCO’s announcement to start work on its steel project in Orissa from April 1, 2008, the Chief Minister of Orissa, Mr Naveen Patnaik, has said that he was ready for a dialogue with those ... More

TRADE & LABOUR UNIONS
Dunlop may restart production at Chennai on Nov 1
Deal between the management, employees to be finalised today More

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