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CORPORATE
OUTLOOK:
What does it mean for pvt sector?
Chennai, Sept. 6 Two months ago as he flew to Japan for meetings with leaders of eight of the world’s developed nations, the Prime Minister, Dr Manmohan Singh, was not forthcoming on whether the government would allow the private sector ...
OUTLOOK:
Corporates upbeat on nuclear biz prospects
Mumbai, Sept. 6 As the 45-nation Nuclear Suppliers Group (NSG) on Saturday took the landmark decision to adopt a US initiative to lift the 34-year old embargo on nuclear trade with India, domestic corporate houses that had been planning forays ...
HUMAN RESOURCES:
Ranbaxy foot-soldiers set to change ‘sales pitch’
Mumbai, Sept. 6 Foot-soldiers of Ranbaxy, some of whom have been with the company for over 20 years, are set to change the “sales pitch” they make when promoting the company’s medicines to doctors across the country. ...
OUTLOOK:
Global reactor biggies hope for Indian nuke business
Uranium suppliers also looking to fuel supply contracts. New Delhi, Sept. 6 With investment opportunities pegged at $100 billion over the next 20 years, the opening up of the Indian nuclear space spells big ticket business for global nuclear ...
BUYBACK:
When a buyback isn’t investor friendly
DLF recently proposed a buyback offer for its shares, setting aside Rs 1,100 crore to buy back 2.2 crore equity shares from the market at a maximum price of Rs 600 per share. As with many open market buybacks, the company may or may not go ...
ACCIDENTS:
Fire at ONGC rig; operations suspended
New Delhi, Sept. 6 ONGC’s contractual rig ‘Pride Pennsylvania’, while carrying out drilling operations at Mumbai High South field, encountered a mechanical malfunctioning, causing fire this afternoon. Five crew members were ...
OUTLOOK:
‘Tata Motors electric Indica will be at affordable price’
New Delhi, Sept. 6 Tata Motors’ electric version of Indica, set to enter the domestic market in next two years, is likely to be priced at an affordable rate for the mass market. ...
OUTLOOK:
BHEL, GMR in talks with global cos for nuclear biz
Chennai, Sept. 6 Public sector power equipment major BHEL (Bharat Heavy Electricals Ltd) and private sector infrastructure major GMR Group are among those who anticipate big business opportunities in the field of nuclear power ...
OUTLOOK:
Adecco India looking at agri-related jobs
Bangalore, Sept 6 Staffing solutions firm Adecco India is eyeing agri-related jobs such as rural logistics, warehousing and cold chain management for the company’s growth this year. ...
OUTLOOK:
GSPC hopes to get nod for commerciality of KG-8 discovery soon
Ahmedabad, Sept. 6 Gujarat State Petroleum Corporation is expecting the approval of the Directorate-General of Hydrocarbons (DGH) on the commerciality of the KG-8 discovery in KG basin offshore block (KG-OSN-2001/3) in the next couple of ...
NEW PROJECTS:
Leela Ventures plans hotel management institute
In an effort to resolve manpower needs of its upcoming projects, Hotel Leela Ventures plans to set up a hotel management and culinary arts institute in Kerala shortly. ...
RESTRUCTURING:
A de-merger that won’t benefit small shareholders
As a small shareholder in Macmillan India, I have a few points to make about the company’s recent de-merger scheme, which I feel is unfair to minority shareholders.
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