Business Daily from THE HINDU group of publications
Friday, November 07, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, November 07, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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RIGHTS ISSUE: Promoters take advantage of rights issues Hike stakes substantially by picking up unsubscribed portions. Chennai, Nov. 6 Investors have accorded a lukewarm response to rights offers from companies seeking to fund their expansion plans. But promoters appear to hold a more optimistic ... OUTLOOK: UCB scouts for local alliances as part of global growth plans Company ‘pretty upbeat’ despite global economic downturn. Mumbai, Nov. 6 Bio-pharmaceutical company UCB’s Chief Executive Dr Roch Doliveux was in India over the last week, visiting potential partners for local alliances to be ... PERFORMANCE: ‘Inventory build-up hurting auto industry’ Call for creating ‘smart highways’. Chennai, Nov 6 The auto industry has been caught unawares with high levels of inventory , said Mr R. Seshasayee, Managing Director of Ashok Leyland and past President of ... OUTLOOK: Ashok Leyland looking to set up finance co Group co Amas Bank looking at acquisition route. Chennai, Nov. 6 Hinduja-group owned Ashok Leyland is looking to having a vehicle finance company to support sales of its vehicles, it is ... OVERSEAS INVESTMENTS: Essel Mining eyeing overseas assets Expects prices to rule at low levels for next 12-18 months. Kolkata, Nov. 6 Essel Mining and Industries Ltd, an Aditya Birla group outfit, is looking to acquire overseas mining assets during the current economic ... DIVERSIFICATION: Volvo India enters rental, used equipment business To tide over slowdown in mining, construction equipment. Anticipating a demand slowdown in the mining and construction equipment manufacturing business, Volvo India is focusing on alternatives such as the rental and used equipment business, ... ANNOUNCEMENTS: Goes for 3-day week till Dec Chennai, Nov. 6 Ashok Leyland today announced that its manufacturing plants would work only three days a week ... ALLIANCES & JOINT VENTURES: Mahindra, TMI Pacific to form Australian subsidiary Mumbai, Nov. 6 Mahindra & Mahindra and its Australian distribution partner TMI Pacific are coming together to form an Australian subsidiary. They have entered into an agreement to form the new venture Mahindra Automotive Australia, ...
ALLIANCES & JOINT VENTURES:
Ural India, FAW ink pact for small car facility in Bengal
ALLIANCES & JOINT VENTURES:
Bharat Forge plans to join hands with Alstom group Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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