The Hindu Business Line : Saturday, July 19, 2008

CORPORATE

OUTLOOK: Foster Wheeler in talks with BGR Energy for boiler manufacture
Collaboration could be joint venture or tech transfer. Chennai, July 18 Foster Wheeler Corporation, the global engineering and construction contractor and power equipment supplier, is in talks with Chennai-based BGR Energy for a possible ...

NEW PROJECTS: Gujarat NRE plans Rs 450-cr greenfield project in AP
Net profit zooms to Rs 94 cr; Rights dropped, bonus proposed. Kolkata, July 18 Gujarat NRE Coke plans to set up a greenfield, 1-million tonne coke manufacturing facility at Nellore in Andhra Pradesh. The Rs 450-crore project will be financed ...

NEW PROJECTS: Surya Roshni on expansion spree
It also plans to enter manufacturing of electronic lighting ballast, printed circuit boards and mini circuit breakers. The company would commission its new CFL lamp in Gwalior by the end of this month, the release added. - Our ...

DIVIDEND ANNOUNCEMENT: VBC Ferro recommends 20%
The board of directors of VBC Ferro Alloys Ltd recommended 20 per cent dividend on 41.94 lakh equity shares of Rs 10 each for the financial year ending March 31, 2008. The company accorded approval for proposal for raising resources by way of ...

MERGERS & ACQUISITIONS: ‘MNC trying to scuttle deal with Daiichi Sankyo’
New Delhi, July 18 After blaming rivals for pulling down its share price earlier this week, pharma major Ranbaxy Laboratories Ltd on Friday alleged that a large global drug maker was trying to scuttle its deal with Daiichi Sankyo. ...

RESTRUCTURING: Kirloskar Oil Engines plans business rejig
Pune, July 18 Kirloskar Oil Engines Ltd (KOEL) plans to restructure its business, bio-gas compatible engines and plans a vendor park at ...

NEW PROJECTS: Kudremukh Iron in talks for third party pellet conversion jobs
Kolkata, July 17 Kudremukh Iron Ore Company Ltd (KIOCL) is negotiating with NMDC, Ispat Industries, JSW Ltd and Mysore Minerals Ltd (MML) to secure conversion jobs to utilise spare capacity of its pellets plant. According to the proposal, the ...

NEW PROJECTS: Maples ESM expanding overseas
Coimbatore, July 18 Maples ESM Technologies Pvt Ltd is looking to expand its training centres ...

NEW BUSINESS: Punj Lloyd bags $108-m order from Spanish firm
New Delhi, July 18 Engineering firm Punj Lloyd Ltd on Friday announced that it has bagged an offer worth $108 million from Spain-based Tecnicas Reunidas for mechanical works. ...

OVERSEAS INVESTMENTS: Hatsun Agro plans subsidiary in Dubai
Chennai, July 18 Hatsun Agro Product Ltd plans to aggressively target the West Asian markets for dairy ...

VENTURE CAPITAL: Milestone Capital investing Rs 450 cr in housing projects
Pune, July 18 Milestone Capital Advisors, the venture fund house focusing on real estate, is investing Rs 450 crore in various housing projects in Maharashtra. Talking to presspersons, Mr Ved Prakash Arya, Managing Director, said about Rs 200 ...

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ADB World Outlook 2008

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Union Budget 2008-09

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Economic Survey 2007-2008

In Focus
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Ranbaxy-Daiichi deal

People's car

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