CORPORATE
ANNOUNCEMENTS
PSU steel firms hike prices, private players hold for now
Analysts predict further 5-7% increase early next year
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Santro will continue to sell as Dodge Atos in Mexico
Hyundai Motor India Ltd will continue to sell Santro in Mexico under Chrysler’s Dodge badge as the Dodge Atos.The Managing Director, Mr H.S. Lheem, told presspersons here at the launch of Hyundai’s compact car, i10, that ...
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AWARDS & HONOURS
Enertia Awards presented
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ACCOUNTANCY
E-learning will benefit students from rural, remote areas: ICSI
Chennai, Nov. 3 The e-learning portal that the ICSI (Institute of Company Secretaries of India) launched recently will be both asynchronous and synchronous, informs Ms Preeti Malhotra, President of the institute.She anticipates that ...
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MANAGEMENT
‘Organisational health key to performance’
Bangalore, Nov. 3 Sustainable excellence remains elusive to most companies because they focus on performance alone, said Mr William Schaninger, Principal, McKinsey & Co. “There is a link between organisational health and ...
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ALLIANCES & JOINT VENTURES
Hind Unilever, S. Africa’s Smollan tie up
Mumbai, Nov. 3 FMCG major Hindustan Unilever Ltd (HUL) has decided to set up a joint venture with Smollan Holdings of South Africa to build long-term capabilities and bring ‘in-store’ execution focus in servicing the ...
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VENTURE CAPITAL
KVK Energy gets $26-m funding from Old Lane
Hyderabad, Nov. 3 KVK Energy & Infrastructure Ltd has received an investment of $26 million from Old Lane Mauritius III Ltd, an investment vehicle of Old Lane India Opportunities Funds (“Old Lane”).The investment by Old ...
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OUTLOOK
Fiat India may reschedule product launch
Mumbai, Nov. 3 Fiat India may reschedule the launch of its forthcoming product range. The company is considering launching the Fiat Linea first and then the Grande Punto, Mr Giovanni de Filippis, Managing Director, said. Earlier, the ...
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3 new units to produce ethanol from sorghum
Total production capacity to rise to 400 kl a day
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PERFORMANCE
Earnings growth slows down in Sept quarter
Higher tax and interest costs cause a dent
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Bhilai Steel Plant output up
Bhilai Steel Plant, the flagship plant of Steel Authority of India Ltd, posted an improved performance during April-October 2007. Hot metal production from Blast Furnace Seven was 1,25,322 tonnes in October, surpassing its previous best level ...
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Hyundai Motor Oct sales down
Hyundai Motor India Ltd reported domestic sales of 18,207 units in October, a marginal decline of two per cent from 18,603 in the same month last year. The company’s exports recorded a 32.26 per cent surge at 9,929 units from 7,507 in the ...
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