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OUTLOOK: Volvo-Eicher plans mining application products
Initiates joint processing of components for competitive pricing. New Delhi, Nov. 29 VE Commercial Vehicles, the joint venture between Eicher Motors and Swedish group AB Volvo, is planning to cater to a complete range of mining application ...

SECURITY: Corporates may tighten norms to screen employees
‘90% of firms are not doing background screening’. Mumbai, Nov. 29 Corporates would have to make their ‘know-your employee’ (KYE) norms more stringent following the Mumbai terrorist ...

OUTLOOK: Cairn to start seismic work in Ravva fields
Move to tap deeper sands, satellite pools. Hyderabad, Nov. 29 Cairn India is in the process of finalising plans to take up time lapse 4D seismic studies in the deeper sands of the Ravva Oil fields in the Krishna Godavari ...

DIVERSIFICATION: Agri Gold enters chemical fertiliser biz
...

OVERSEAS INVESTMENTS: CUMI to set up fusion plant in Russia
To be among largest producers of silicon carbide globally. Chennai, Nov. 29 Carborandum Universal Ltd (CUMI), part of Rs 9,582-crore Murugappa Group, entered in to an agreement with Volgograd region administration in Russia to set up ...

NEW PROJECTS: BHEL to expand Haridwar plant by 2011 in phases
Mumbai, Nov. 29 Bharat Heavy Electricals Ltd, leading power equipment manufacturer, plans to expand its Haridwar plant capacity to 13,020 MW by 2011. The capital expenditure would be Rs 1,500 crore, which would be funded through ...

SECURITY: Terror attacks: Corporate houses to rethink on security
Mumbai, Nov 29 The terror attacks in Mumbai have not only left companies shell-shocked but also with an increasing sense of vulnerability. This has also at a time when most of them, especially in the manufacturing sector, are grappling with ...

RESTRUCTURING: Leyland re-brands design, engineering services unit
ADES renamed as Defiance Technologies. Chennai, Nov. 29 Ashley Design and Engineering Services (ADES), part of the Hinduja Group’s flagship company Ashok Leyland, has been renamed as Defiance ...





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Markets (Nov 29)
Nifty (at close)2755.10(+2.85)
US Dollar (Buy/Sell)50.07/10
Brent crude (a bbl) Rs2,578
Gold (a gram) Rs1,199
Silver (a kg) Rs18,290

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In Focus
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Looking back
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