CORPORATE
RESEARCH & DEVELOPMENT
Texas Instruments, IIT-Kharagpur collaborate for cancer research
Kolkata, April 2 Texas Instruments on Tuesday signed a collaborative research agreement with the School of Medical Science and Technology (SMST), Indian Institute of Technology, Kharagpur (IIT-KGP), to develop semiconductor technologies that ...
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ACCOUNTING STANDARDS
The standard makes hedge accounting difficult
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OVERSEAS BORROWINGS
Tata Motors mulling Tokyo listing
Mumbai, April 2 Tata Motors is planning to list depository receipts (against underlying shares) on the Tokyo Stock Exchange, said a report in Japanese financial daily, The Nikkei. However, official sources of Tata Motors did ...
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JPMorgan Chase sees lot of companies tapping DR route
‘Very stringent norms for External Commercial Borrowings’
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NEW BUSINESS
IVRCL bags Rs 484 cr worth orders
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Steel Strips wins RS 110-cr order
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COURTS/LEGAL ISSUES
‘Trademark owner can file case in the district he operates’
In a dispute over alleged infringement of a registered trademark or copyright under the Trade Marks Act or Copyright Act, the question of the plaintiff taking prior leave under Clause 12 of Letters Patent did not arise even if no part of the ...
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MANAGEMENT
More ISB grads bag global placements
Average cost-to-company package goes up
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NEW PROJECTS
IOL Chem expansion project
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Kalyani Steels' furnace on stream
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Welspun Gujarat unit on stream
Welspun Gujarat Stahl Rohren Ltd commenced operations of its 1.5-million-tonne plate mill on March 28. Part of a backward integration project, the mill can produce plates up to 4.5 meter width. Trial production commenced in September last and ...
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Kirloskar Power’s new Pune facility opened
Pune, April 2 Kirloskar Power Equipments Ltd has announced the inauguration of a greenfield manufacturing unit at Kondhapuri, near Pune. The new facility will help enhance manufacturing capacity to meet the robust demand for transformers in ...
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Vizag Steel treatment plant
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OVERSEAS INVESTMENTS
Mahindra buys Italian gear firm
Mumbai, April 2 Mahindra & Mahindra said it has signed a definitive agreement, through a consortium with ICICI Venture Funds, to acquire 100 per cent stake in an Italian gear manufacturer, Metalcastello S.p.A.The company did not ...
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TRADE & LABOUR UNIONS
Contract jobs: Haldia Petro union defers strike plan
Kolkata, April 2 The CITU-affiliated Haldia Petrochemicals Ltd Employees’ Union has agreed to defer the proposed strike on April 8. The strike was called in demand of regular employment of a section of contractual employees. ...
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ALLIANCES & JOINT VENTURES
Etisalat plans entry into Indian market
New Delhi, April 2 UAE’s telecom giant Emirates Telecommunications Corp (Etisalat) is in talks with Telekom Malaysia (TM) backed Spice Communications and other new licence holders for a possible foray into the Indian mobile space. ...
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Maytas, NCC sign pacts for Shimoga, Gulbarga airports
Promoters will invest Rs 100 crore in each airport
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VENTURE CAPITAL
Guardian Lifecare on expansion mode
New Delhi, April 2 The retail pharmacy chain Guardian Lifecare plans to offload stake in favour of private equity firms to raise Rs 100 crore for funding its retail expansion. The company is planning to open 150 new stores across the country ...
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Darby Overseas investments
Darby Overseas Investments Ltd, the private equity arm of Franklin Templeton Investments, has said that its Darby Asia Mezzanine Fund II has invested $25 million through an affiliate in the Bangalore-based Amalgamated Bean Coffee Trading Co Ltd ...
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OUTLOOK
Pricewaterhouse on expansion mode in India
To double headcount in 3 years
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BEML hitches ride on the mining boom
Hopes on 2-3 blocks coming to its joint venture
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Numaligarh Refinery sees better refining margins
New product pipeline to help improvement
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JSW Steel post output growth
JSW Steel Ltd said that following the merger of Southern Iron & Steel Company Ltd (SISCOL) with it, the company had posted a growth of 37 per cent in crude steel production for the year ended March 2008. On a comparable basis, JSW Steel said ...
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PEOPLE
Microsoft India chief on AB Volvo board likely
Bangalore, April 2 The Microsoft Corporation India Chairman, Mr Ravi Venkatesan, has been proposed for a directorship on the board of AB Volvo.A press statement from AB Volvo said in preparation of the annual general meeting of AB Volvo ...
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Shell-MRPL gets new chief
Mangalore, April 2 Mr R. Rajamani, Managing Director of Mangalore Refinery and Petrochemicals Ltd (MRPL), took over as the Chairman of the recently formed joint venture with Shell India (P) Ltd named ‘Shell-MRPL Aviation Fuel Services ...
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