Business Daily from THE HINDU group of publications
Saturday, January 12, 2008
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Markets (Jan. 11)
BSE Sensex20827.45 (+245.37)
S&P CNX Nifty6200.10 (+43.15)
US Dollar39.31


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WEB EXTRAS

ENGINEERING
GMM Pfaudler acquires Swiss firm Mavag
Bangalore, Jan.11 GMM Pfaudler, engaged in the manufacture and supply of glass-lined vessels and reactors, has acquired Mavag AG, a Zurich-based high-end engineered equipment company, for an undisclosed sum. The two companies would leverage ... More

PHARMACEUTICALS
Mauritius fund invests $30 m in Gland Pharma
Hyderabad, Jan. 11 The Mauritius-based Evolvence India Life Sciences Fund has entered into a definitive agreement with the Hyderabad-based Gland Pharma Ltd to invest $30 million.“The fund will get a significant minority stake in ... More

TAXATION
The number of tax havens has tripled over the last three decades Detaxification
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Strengthening PPPs in infrastructure
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SOFTWARE
‘Market for supply chain management solutions growing’
Chennai, Jan. 11 Increase in logistics cost is forcing companies to spend more on supply chain management (SCM) software solutions. A few years ago, the logistics cost used to be around 15 per cent of revenue for many companies, but is now ... More

OUTLOOK
Bajaj launching Kawasaki super bikes
With the likely emergence of a niche, new super bikes category of two-wheeler buyers, companies like Harley-Davidson and Yamaha have evinced interest or have gone ahead and announced plans to import and market such bikes. The latest to join the ... More






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