CORPORATE
RESEARCH & DEVELOPMENT
Maruti Suzuki to strengthen R&D; new facility soon
Mumbai, Dec. 13 Determined to maintain its 50 per cent share in the increasingly competitive automobile market, Maruti Suzuki is going to strengthen its R&D facility and marketing network. “The company will invest ¥50 ...
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PREFERENTIAL ALLOTMENTS
HBL Power to allot pref shares
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NEW BUSINESS
Lanco Talcher strikes power supply deal with Haryana, MP
Lanco Infratech Ltd, which is in the process of setting up a 2,640-MW coal-fired plant at Talcher in Orissa, has secured a mandate for supply of 390 MW of power to Haryana and 600 MW to Madhya Pradesh.The company, which is setting up ...
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Rajesh Exports gets UAE order
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AWARDS & HONOURS
Tata Steel bags sustainability award
New Delhi. Dec 13 Tata Steel was awarded the CII-ITC Sustainability Award 2007 in New Delhi on Thursday. The award was presented to the company in the ceremony held during the Second Sustainability Summit: Asia 2007. It was received ...
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ACCOUNTANCY
Company secretaries not lured by the call of IT
Bangalore, Dec. 13 Company Secretaries have shown stronger bondage to their avocation with the stream of study for students after school showing an upward swing of 20 per cent in the last two years after a brief decline in 2004. Unlike other ...
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RESTRUCTURING
Haryana Capfin in limelight
Haryana Capfin has been witnessing a strong surge on the bourses of late and it has almost reached its re-listing price. The stock was re-listed following its de-merger from Jindal Drilling and Industries (then Haryana Engineering). ...
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MERGERS & ACQUISITIONS
Sundram Fasteners acquires Upasana
Sundram Fasteners Ltd has acquired the entire equity share capital of Upasana Engineering Ltd, a step-down wholly owned subsidiary at cost from Sundram Fasteners Investments Ltd, another wholly owned subsidiary, according to information provided ...
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NEW PROJECTS
GE plans setting up wind power equipment facility
Eyes investments in airport, port projects
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Telcon plans Rs 600-cr investment in Bengal
‘Kharagpur project will be implemented in three phases’
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Kolkata to be main centre of India-Japan joint ventures
Kolkata, Dec.13 Kolkata will emerge as a prominent centre for India-Japan joint ventures as more and more Japanese companies are now looking closely at investments in India. Mr Noro Motoyoshi, Consul General of Japan in Kolkata said here on ...
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Zenith Birla setting up pipe-making plant
Plans Rs 250-300 cr investment; hives off cutting tools division
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ALLIANCES & JOINT VENTURES
Thomas Cook, Japan’s JTB sign up for corporate travel
Mumbai, Dec. 13 Thomas Cook Ltd has signed an MoU with Japan-based travel solutions company JTB Corp. The three-year renewable contract would allow the company to access the JTB Corp network across 30 countries along with affiliates spreading ...
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IT project: Prestige ties up with Reliance
Chennai, Dec. 13 The Bangalore-based real estate developer, Prestige Group has entered into a joint venture with Reliance Industries Ltd to develop IT space on the arterial Anna Salai.According to Mr Irfan Razack, Managing Director, ...
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Praj forms jt venture with Brazil co Jaragua
Pune, Dec 13 Biofuels technology company Praj Industries Ltd has formed a joint venture company in Brazil in association with Jaragua Equipamentos Industriais Ltda, a Brazilian engineering, procurement, construction and manufacturing (EPCM) ...
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Finolex, J-Power Systems of Japan forming jt venture
To make 500 kV cables near Pune
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OUTLOOK
GE India eyes broadcasting space
Also mulls new healthcare delivery model
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With a clutch of new products, TVS expects a better Q4
Launches 125-cc TVS Flame; 3-wheeler launch in Jan
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Lodha Group plans Rs 8,000-crore IPO
Gets $425 m from private equity investments
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Bengal power utility plans Rs 400-cr investment
Project includes installation of capacitors, feeder relocation
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GMR Infra plans coal mine acquisition
Part of QIB placement to fund acquisition
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Eaton India to come up with truck transmissions by April 2008
Mumbai, Dec. 13 Eaton India, which is part of the US-based $12.4-billion Eaton Corporation, the diversified industrial manufacturers, said that it will come up with truck transmissions manufactured in its Ranjangaon plant in April 2008. ...
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IMPACT
Joint venture – growth opportunity for Praj
To benefit from Brazilian biofuels market
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Tourism Fin betting on QIP price
Tourism Finance Corporation has been gaining on the bourses ever since it announced qualified institutional placement proposals. The company’s board is meeting on December 19 to consider a proposal for enhancing the paid-up capital through ...
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PEOPLE
Blackstone CMD to join NCC board
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Percept signs on Madhur Bhandarkar
Mumbai, Dec. 13 Percept Talent Management has exclusively signed on Bollywood director Madhur Bhandarkar as its latest Talent. The contract is for a period of two years. Percept will handle Madhur’s entire gamut of professional ...
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Award for NGRI scientist
Dr T.R.K. Chetty, a senior scientist at the National Geophysical Research Institute (NGRI), from Hyderabad has been selected for the 2008 Endeavour Executive Award from the Australian Government. It is part of the Australia’s scholarship ...
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