Business Daily from THE HINDU group of publications
Sunday, October 26, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Sunday, October 26, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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PERFORMANCE: Earnings picture not so bleak 222 companies managed 25% plus growth. BL Research Bureau The slowdown in India Inc’s profit growth is now old ... NEW PROJECTS: Auto cos slam the brakes on expansion Uncertain markets put hiring plans on hold. New Delhi, Oct. 25 With India Inc in the grips of a slowdown, the auto sector is also feeling the pinch. Companies are both deferring their hiring plans and holdingtheir capacity ... OUTLOOK: Grasim cuts viscose staple fibre production Mumbai, Oct. 25 The financial crisis has finally hit the manufacturing sector where it hurts. Grasim Industries, an Aditya Birla Group company, has decided to curtail production of viscose staple fibre by about 30 per cent of its total ... HUMAN RESOURCES: Parsvnath plans pink slips for ‘non-performers’ Seeks steps to restore liquidity in the slowing realty sector. New Delhi, Oct. 25 Parsvnath Developers has asked the Government to take immediate steps to restore liquidity in the real estate sector, and warned that the company would soon ... PERFORMANCE: TN plant is Nokia’s fastest growing handset-maker Produces 200 million sets in 3 years. New Delhi, Oct 25 Riding on a surge in mobile usage in the country, Nokia’s handset manufacturing unit in Tamil Nadu this week reached production volume of 200 million ... MERGERS & ACQUISITIONS: US acquisition on the radar for Sun Pharma ‘Size will be impacted by developments on Taro’. Mumbai, Oct. 25 Sun Pharma is scanning acquisition opportunities in the US, with the global financial meltdown resulting in more attractive valuations of generic drug companies, Sun ... ANNOUNCEMENTS: Hindustan Latex launches contraceptive pill in Peru Thiruvananthapuram, Oct. 25 Hindustan Latex (HLL), the Central public sector undertaking manufacturing contraceptives and various other healthcare products, has launched its non-steroidal, once-a-week, oral contraceptive pill in Peru in ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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