MANAGEMENT
Innovate to provide customers a unique experience: Prahalad
The “passion to democratise commerce” – companies learning from their customers to meet individual customer’s needs, that ability will be the decisive factor in market leadership, according to Professsor C.K. Prahalad, ... More

RESTRUCTURING
Celebrity Fashions to sell Chennai facility
Rejig to focus more on domestic market More

NEW PROJECTS
Stir against Dow centre in Chakan
Pune Feb. 22 Protests against the Rs 400-crore Research and Development Centre planned by the US-based Dow Chemicals seem to be increasing as residents of the Shinde and Vasuli villages are all set to continue their agitation against the ... More

Surana Ventures plans Rs 250-cr solar cell unit
Hyderabad, Feb. 22 Surana Ventures Ltd, part of the Bhagyanagar India group, plans to set up a Rs 250-crore solar cell and panel manufacturing unit near Hyderabad. The company has received an in-principle clearance for the allotment of a ... More

OVERSEAS INVESTMENTS
Man Ind in talks to set up pipe facility in China
Slots $75-m for venture; closing down Pithampur unit More

Sakthi Auto buys Swedish foundry
Coimbatore, Feb. 22 Sakthi Auto Component, a 100 per cent subsidiary of Sakthi Sugars has, within a year of acquiring Intermet Europe (a closely held group), gone for another buy.This time, SACL’s European subsidiary Orlandofin BV ... More

Rain Commodities arm plans plant in China
Hyderabad, Feb. 22 Rain CII Carbon LLC, USA, a subsidiary of the Hyderabad-based Rain Commodities Ltd, will be setting up a petroleum coke calcining plant in China.The company has launched a feasibility study to construct, own and ... More

Nalco gets mining rights in AP
State-owned Nalco has received in-principle rights for bauxite mining from the Andhra Pradesh Government. “The mines are situated at Jayrala in Andhra Pradesh,” the Minister of State for Mines, Mr T. Subbarami Reddy, said here on ... More

ALLIANCES & JOINT VENTURES
Nissan, Renault sign MoU with TN for car project
Cos will hold equal share in the venture; to invest Rs 4,500 cr More

SAIL to form venture with Jaiprakash for cement plant
New Delhi, Feb. 22 Steel Authority of India Ltd (SAIL) has entered into an agreement with Jaiprakash Associates to form a joint venture company to set up a 2.1-million-tonne cement plant in Bokaro, with an estimated investment of Rs 405 ... More

Amtek to float joint venture with US company
Coimbatore, Feb. 22 Amtek Auto Ltd has entered into an MoU to set up a 50:50 joint venture with American Railcar Industries, a designer, manufacturer and marketer of a variety of railcars in North America. The signing of MoU is part of ... More

REpower signs pact with German co
Mumbai, Feb. 22 RWE Innogy, a German renewable energy company, and wind turbine maker REpower has signed a memorandum of understanding for a 1,900 MW wind turbine deal. The deal is estimated to be worth $3 billion. Innogy is a unit of RWE AG, ... More

INTERVIEW
We are working on next-gen car for India, says Honda Siel’s chief
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OUTLOOK
GMR finalising aerotropolis plan at Hyderabad
Hyderabad, Feb. 22 The GMR group is finalising a plan for developing an aerotropolis around the Rajiv Gandhi International Airport at Shamshabad.“We have received the report from CPG. But we need to make certain changes in the ... More

TNPL sets up tissue culture facility
To strengthen raw material availability More

PEOPLE
New Gokaldas Exports directors
Gokaldas Exports Ltd has informed the BSE that Mr Akhil Gupta, Mr Richard Saldanha and Mr Mathew Cyriac were appointed as additional directors of the company at the board meeting held on Friday. Further, the company has informed that Mr Madanlal ... More