CORPORATE
NEW BUSINESS
Sailing on steel
Larsen & Toubro has secured orders worth Rs 1,107 crore from SAIL for the turnkey construction of coal and coke handling plant and base mix preparation plant at IISCO Steel Plant in West Bengal. L&T’s construction division will ...
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OUTSOURCING
Chrysler to source auto parts from India
Signs Rs 400-cr pact with Delhi-based firm for seats
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AUDITING
Expert group to review costing standards and cost audit
Chennai, Feb. 9 Breathing fresh hopes into cost accounting and cost audit is a new order from the Government. “Cost accounting, through the determination and allocation of costs to various products, provides a valuable service to the ...
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TRADE & LABOUR UNIONS
Ford hopes to resolve pension, job security issues soon
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ALLIANCES & JOINT VENTURES
Arshiya, Jurong pact to develop free trade warehousing zones
Mumbai, Feb. 9 Arshiya International Ltd, a global supply chain services company, said on Saturday that it has signed a major deal with Singapore Government-owned Jurong International, to develop three free trade warehousing zones (FTWZ) in ...
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INTERVIEW
REITs may face complex rules
Chennai, Feb. 9 The wish-list of the real-estate sector for the Budget should not include tax cuts or introduction of tax incentives, says Mr Abhishek Goenka, Partner, BMR & Associates. “All that the industry should call for is a ...
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SOCIETY & DEVELOPMENT
Compete on un-level playing field, PM tells biz leaders
Pune, Feb. 9 The Prime Minister, Dr Manmohan Singh, has said business leaders must learn to play on the pitch they were given, and urged them to compete on un-level playing fields and prove themselves. Speaking at the Mahindra United ...
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OUTLOOK
Godrej & Boyce expects higher turnover
The appliances division of Godrej & Boyce expects to record a turnover of Rs 1,400 crore in the fiscal ending March 31, 2008. In 2006-07 the division registered a turnover of Rs 1,100 crore, according to Mr George Menezes, Chief Operating ...
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Sujana Metal Products plans Rs 1,600-cr capacity expansion
Secondary steelmaker Sujana Metal Products Ltd plans to invest about Rs 1,600 crore to raise its capacity to one million tonnes by 2010. The company recently acquired two units in Hyderabad and one at Chennai for about Rs 800 crore. It ...
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Bhilai steel plant expansion
New Delhi, Feb 9 Steel Authority of India Ltd is expanding hot metal production capacity at its Bhilai Steel Plant in Chhattisgarh to 7.5 million tonnes a year from the current 4 million tonnes. The Rs 11,260 crore investment for the ...
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