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Wednesday, October 15, 2008
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OUTLOOK: GE gears up for civil nuclear play
Plans include setting up new reactors, plant services. New Delhi, Oct. 14 General Electric Co is in the fray for contracts in India across the nuclear power generation cycle, including setting up new reactors and plant services, as well as ...

MERGERS & ACQUISITIONS: Tata Motors buys majority stake in Norwegian firm
Move expected to boost co’s plans for electric vehicles. Mumbai, Oct. 14 Tata Motors has picked up a majority stake in Norway-based Miljo Grenland/Innovasjon, which specialises in developing solutions for electric ...

ALLIANCES & JOINT VENTURES: Kingfisher-Jet alliance to improve the duo’s margins
Will also help the two airlines rationalise costs. Mumbai/ New Delhi, Oct. 14 The proposed alliance between Kingfisher Airlines and Jet Airways will help the two arch rivals to pare down their operational costs and improve margins, but questions ...

MERGERS & ACQUISITIONS: Buy gives Tata Motors electric vehicles tech prowess
Chennai, Oct. 14 Electric vehicles can be as challenging to manufacture as hybrids. The latter has, till recently, been the more popular and practical option. The limitation and hence the technological hurdle to developing fully electric ...

OUTLOOK: Gujarat NRE Coke’s Australian arm on growth track
Set to emerge among largest producers in Australia. Russell Vale, New South Wales (Australia), Oct. 14 As India’s coking coal demand mounts, with demand outpacing supply for steel production in the coming years, Gujarat NRE Coke ...

ALLIANCES & JOINT VENTURES: Tie-up could reduce overcapacity in the sector
Bangalore, Oct. 14 The alliance between Kingfisher Airlines and Jet Airways, which is being seen as a last-ditch effort to save their respective airlines, could in fact reduce overcapacity in the sector and might lead to raising funds much ...

ANNOUNCEMENTS: Zydus vaccine gets WHO nod
The World Health Organisation (WHO) has approved Lyssavac N — the Purified Duck Embryo Rabies Vaccine (PDEV) manufactured by Cadila Healthcare Ltd (Zydus Cadila), for purchase by various United Nations’ agencies. With this, Zydus ...

NEW PROJECTS: NDTV Lumière offers world movies on a platter
On lookout for pacts with DTH players. New Delhi, Oct. 14 NDTV Lumière, the distribution platform for world movies, has launched its new 24-hours ...

ALLIANCES & JOINT VENTURES: Alliance will ‘ensure realistic fares’: Paramount
Chennai, Oct. 14 The Jet-Kingfisher alliance is good for Indian aviation industry, as it will result in reduction of flights and enable fares to go up to “more realistic levels”, says Mr M. Thiagarajan, Managing Director, ...

MERGERS & ACQUISITIONS: Ranbaxy-Daiichi Sankyo deal to be completed by Dec
New Delhi, Oct. 14 Ranbaxy Pharmaceuticals on Tuesday said the agreement with the Japanese pharma major Daiichi Sankyo will be completed in the next one ...

MERGERS & ACQUISITIONS: GMR acquires 50% in InterGen
Bangalore, Oct. 14 GMR, the infrastructure company with business presence in energy, airports, highways and urban infrastructure, today announced that it has completed the acquisition of a 50 per cent stake in InterGen N.V. at a cost of ...

OUTLOOK: Abmak service apartments in Thrissur
The Qatar-based Abmak Properties Pvt Ltd has proposed to offer the concept of service apartments in the upcoming Sobha City at Thrissur, as service apartments are considered to be latest inclusion in the real estate business in the ...

ANNOUNCEMENTS: Dr Reddy’s arm launches dermatology product in US
Hyderabad, Oct. 14 Promius Pharma LLC, a wholly owned subsidiary of pharma major Dr Reddy’s Laboratories Ltd, has launched its first product, EpiCeram Skin Barrier Emulsion, in the ...

ALLIANCES & JOINT VENTURES: Jet-Kingfisher deal: May not boost pricing power
Fall in domestic air passengers poses a threat. The wide-ranging alliance between the two of the country’s leading private sector airline — Jet Airways and Kingfisher Airlines — announced this week would have had a significant ...






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