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Tuesday, July 08, 2008
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OVERSEAS INVESTMENTS: Tanti group venture buys Chinese wind energy firm
Will invest $2 b in partnership with Arcapita Bank. Mumbai, July 7 Tanti group of companies, the promoters of Suzlon Energy Ltd, jointly with Bahrain-based Arcapita Bank, has acquired Honiton Energy Holdings, a Chinese wind energy firm. ...

OUTLOOK: TVS Motor expects sales to grow 10-15%
Plans to launch two motorcycles, two scooters during the current fiscal. New Delhi, July 7 TVS Motor Company on Monday said that it expects domestic sales to grow at 10-15 per cent, citing low base effect of last year and a wider product ...

NEW BUSINESS: L&T secures JSW power project


NEW PROJECTS: Sobha Developers’ project
A Dubai-based investment company has taken 40 per cent equity in a residential project to be developed by Sobha Developers, a leading real estate company from Bangalore. Pan Atlantic LLC, Dubai, will invest $10 million in a special purpose ...

NEW BUSINESS: ICSA secures Rs 80-cr order


WORK LIFE: ‘Achieving work-life balance the biggest concern for Indians’
Economy comes in second, finds Nielsen’s consumer survey. Chennai, July 7 The rigours of joining the rat race, it would seem, are beginning to catch up with Indians. ...

ACCOUNTING STANDARDS: ‘Auditors need to fulfil EU quality norms to operate in Europe’
Rule to be put into effect from 2011. Kolkata, July 7 Indian auditors would need to fulfil quality assurance standards set by the European Union (EU) to be able to audit for Indian companies listed in different European exchanges. This would ...

NEW PROJECTS: Daimler-Hero venture to have high local content
Pact signed with TN Govt for Rs 4,746-cr plant. The joint venture of Daimler AG and Hero Group, which today formally signed a MoU with the Government of Tamil Nadu for setting up a Rs 4,746-crore greenfield commercial vehicles facility in the ...

ALLIANCES & JOINT VENTURES: Damodar Valley mulls jt venture with West Bengal Power Corp
Kolkata, July 07 Damodar Valley Corporation (DVC) is weighing a joint venture proposal from West Bengal Power Development Corporation Ltd (WBPDCL) for acquisition of thermal coal assets abroad. ...

OUTLOOK: Philips to focus on healthcare vertical
New Delhi, July 07 Philips India is adopting a three-pronged strategy to consolidate its leadership position in the healthcare space. The company is scaling the number of its distributors to cater to the demand from the booming healthcare ...

OUTLOOK: Suven to present key biology data on Alzheimer’s
Hyderabad, July 7 Hyderabad-based Suven Life Sciences will make presentations on its portfolio of new chemical entities (NCEs) in tackling Alzheimer’s disease at the upcoming International Conference on Alzheimer’s Disease ...

OVERSEAS INVESTMENTS: Cairn inks pact with Lanka to explore oil & gas
Cairn India Ltd (CIL) has signed the petroleum resources agreement with Sri Lanka for exploration licence to explore oil and natural gas in the Mannar Basin. ...

PEOPLE: B. Anatharaman to head SUN-Gumberg India
New Delhi, July 7 SUN-Gumberg India Advisors Pvt Ltd has announced the appointment of Mr B. Anantharaman as Managing Director and Chief Executive Officer of its India ...

NEW PROJECTS: Hinduja Foundries capex plan
Hinduja Foundries Ltd , formerly Ennore Foundries, and part of Hinduja Group, has informed the stock exchanges that it plans to raise Rs 250 crore to support its capex programme spread during the next 18 to 24 months. ...






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Ranbaxy-Daiichi deal

People's car

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Govt mulls withdrawing import duty on cotton

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A pot shot at global financial institutions on oil price rise

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Looking back
Jun. 29-Jul. 5
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‘Hero Motorcycles, Hero Honda to compete in brands, not volumes’

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