Business Daily from THE HINDU group of publications
Monday, July 28, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Monday, July 28, 2008 ePaper | Mobile/PDA Version | Audio |
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NEW PROJECTS: Chennai Petro pipeline to cost Rs 700 cr instead of Rs 65 cr Resettlement problem forces the company to mull alternative project. Chennai, July 27 Circumstances have forced Chennai Petroleum Corporation Ltd (CPCL) to abandon a Rs 65.4-crore project and think of a Rs 700-crore ... OUTLOOK: GSPC rejects HPCL’s proposal for stake in Mundra terminal Project to be implemented on fast-track basis. Kolkata, July 27 Gujarat State Petroleum Corporation (GSPC) has rejected an informal expression of interest from HPCL for 50 per cent stake in the proposed 5-7.5-million-tonne LNG terminal at ... HUMAN RESOURCES: ‘HR, the greatest failure of our educational institutions’ Sujit Bhattacharya, Director, Technology and HR, Career Launcher, on what ails our institutes of learning. Given the degree of competition for admission to professional courses today, most serious students try to enrol in a test preparatory ... OUTLOOK: Suzuki plans to double capacity Launch of four bikes on cards. New Delhi, July 27 Suzuki Motorcycles India is looking to double capacity in two years even as it plans a series of product launches. ... ALLIANCES & JOINT VENTURES: Molded venture with Nalin Rubber US-based Molded Dimensions Inc has entered into a joint venture with Nalin Rubber Pvt Ltd, Jamshedpur. Molded has invested $ 2.5 million to acquire 15 per cent stake in Nalin-MDI Rubber Technologies Pvt Ltd, the new company. Nalin holds the ... PIRACY: Spurious Saridon tablets seized A private investigating agency has raided and seized seven lakh spurious Saridon tablets from Solan in Himachal Pradesh, Dr Swati Piramal of Piramal Healthcare, told Business Line. Popular pain relief and headache medicine Saridon is an over Rs ... OUTLOOK: Veejay Lakshmi cuts production Coimbatore-based textile machinery manufacturer Veejay Lakshmi Engineering Works Ltd has decided to cut down production due to demand slowdown and restrictions imposed by the Tamil Nadu Electricity Board on power supply. In a communication to the ... RESEARCH & DEVELOPMENT: IIT-M Research Park cost rises to Rs 300 cr Demand from cos leads to increase in space & cost. Chennai, July 27 A year ago, when the constructors broke ground for IIT Madras’ heuristic research park project, the cost of the project was Rs 100 crore. Today, the project has ... OUTLOOK: Anu’s Labs to focus on off-patent drugs Hyderabad, July 27 Anu’s Laboratories will focus on making intermediates for off-patent drugs using its strengths in research and development (R&D) which it plans to beef ... E-COMMERCE & E-BUSINESS: Coal India sets up e-library The Coal India Chairman, Mr Partha S. Bhattacharyya, recently formally inaugurated an e-library set-up at Central Mine Planning and Design Institute's premises at Ranchi, also releasing the institute's first e-newsletter. Funded as a Coal ... OUTLOOK: NMDC-CMDC to speed up work at Chhattisgarh mine Hyderabad, July 26 NMDC-CMDC Ltd, the joint venture between State-run National Mineral Development Corporation and Chhattisgarh Mineral Development Corporation (CMDC), has decided to expedite work on Deposit Number 13 of the Bailadila mines in ... ALLIANCES & JOINT VENTURES: Unitek-Borri plans production unit in Kerala Unitek-Borri, a joint venture between Kerala-based Unitek Power Solutions and Borri Industrial Power Solutions, Italy, is setting up a manufacturing unit in the State at an investment of Rs 30 crore. ... BUYBACK: Reliance Infra net rises 14% on higher sales Mumbai, July 27 Riding on higher sales of electrical energy and income from EPC contracts, Reliance Infrastructure Ltd, for the quarter ended June 30, has posted 14 per cent increase in net profit at Rs 252 crore up from Rs 221 crore achieved ... ALLIANCES & JOINT VENTURES: Tata Projects, Engineers India form joint venture Chennai, July 27 Tata Projects Ltd and the public sector Engineers India Ltd have formed a joint venture to undertake projects in the hydrocarbon ... OUTLOOK: Seshasayee Paper mulls expanding capacity Chennai, July 27 Seshasayee Paper and Boards Ltd plans to double its production capacity at a cost of Rs 350 ...
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