The Hindu Business Line : Tuesday, December 02, 2008

CORPORATE

ALLIANCES & JOINT VENTURES: Foreign majors keen on joining hands with NPCIL-BHEL venture
For supply of turbine gensets for nuclear plants. New Delhi, Dec. 1 Alstom of France, Skoda JS of the Czech Republic, OJSC Turboatom of Ukraine and Siemens of Germany are in the fray for partnering with the proposed BHEL-NPCIL joint venture for ...

PERFORMANCE: Ford India slips back into red in 2007-08
Other foreign car makers report profit. Chennai, Dec. 1 Ford India Pvt Ltd is back in the red in 2007-08, after posting a profit the previous year for the first time since it started operations here nearly a decade ago. Other multinational car ...

SECURITY: Taj control handed back
Mumbai, Dec. 1 The control of terror-scarred properties of the Taj Mahal Palace and Towers was handed back to the Taj Group by security agencies on ...

NEW PROJECTS: Hazira Port to build $500-m multi-cargo terminal
Hazira Port Private Ltd (HPPL), a joint venture between Shell Gas B.V. and Total Gaz Electricite Holdings France, is looking for developers to build a $500-million multi-cargo terminal at Hazira. The cargo terminal is to be built adjacent to ...

NEW BUSINESS: Astra Micro bags order from Israel co
Astra Microwave Products Ltd (AMP) has received an order for Rs 57.31 crore from ELTA Systems Ltd, Israel. The order is for the supply of microwave wireless sub-systems for India’s defence radar programme. The contract is valid ...

NEW BUSINESS: Nagarjuna bags Rs 484 cr orders
...

AWARDS & HONOURS: ITC bags UNIDO award
ITC won the top UNIDO award at the International Conference on Sharing Innovative Agribusiness Solutions 2008 at Cairo in recognition for its exemplary initiatives in agri business, says a press release. ITC’s agri business was adjudged ...

ALLIANCES & JOINT VENTURES: NTPC signs pact for testing lab
NTPC Ltd, the country’s largest power utility, on Monday announced the signing of a memorandum of understanding (MoU) with its state-owned counterparts NHPC Ltd, Power Grid Corporation of India Ltd and Damodar Valley Corporation. The MoU ...

ALLIANCES & JOINT VENTURES: DB Hospitality looks to expand; in pact with Japan’s JAL Hotels
Mumbai, Dec. 1 DB Hospitality, part of the Mumbai-based real estate developer DB Group, would be adding 1,000 rooms by 2011 through its three ‘under construction’ properties in Goa, Pune and ...

MERGERS & ACQUISITIONS: United Spirits acquires Balaji Distilleries
Bangalore, Dec.1 United Spirits Ltd (USL) has consolidated its presence in Tamil Nadu with the acquisition of its contract manufacturing unit, Balaji Distilleries in an all ...

OUTLOOK: Yokohama India looking at niche tyre market
‘Need to ramp up sales to about 2,000 tyres a day’. Chennai, Dec. 1 Yokohama India Pvt Ltd, a wholly owned subsidiary of the Japanese Yokohama Tire Corporation, which is the seventh largest tyre manufacturer in the world, believes it ...

ANNOUNCEMENTS: Trident to open shortly, Oberoi to take 3-4 months
Mumbai, Dec. 1 The Oberoi Group has started to put together its shattered pieces of life, with senior management speaking to employees to boost their morale, and pay homage to those who laid down their lives in service. Trident will be open ...

OUTLOOK: Firepro sees rise in Govt spending on surveillance tools
Bangalore, Dec. 1 “Unfortunate incidents like the terror attacks in Mumbai only reinforce the need for security systems. And what you put there in properties are just engineered products. How much you get out of them depends on the ...

ALLIANCES & JOINT VENTURES: GMR Energy to supply 200 MW to Bangalore
Bangalore, Dec. 1 GMR Energy Ltd (GEL) has signed a contract for supply of 200 MW power on a “round-the-clock” basis to Bangalore Electricity Supply Company Ltd (Bescom) from November 16 to January ...

ALLIANCES & JOINT VENTURES: Essar Steel signs tech pact with Japan’s Kobe
In the first of its kind in India, the Hazira-based Essar Steel Ltd (ESL) today announced an umbrella agreement with Kobe Steel Ltd of Japan, gaining operational technology to manufacture higher quality steel ...

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Markets (Dec 01)

Nifty (at close)	2682.90(-72.20)
US Dollar (Buy/Sell)	50.08/09
Brent crude (a bbl) Rs	2,578
Gold (a gram) Rs	1,201
Silver (a kg) Rs	18,115

Nifty Companies News
Corporate Filings
SE Diary
Scoreboard

In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
ID verification: Erring telecom operators fined

Sales of high-end mobiles decline

It’s not enough for Muslims to be revolted by terror

Of daring escapes and devastating deaths

‘No co-ordinated counter attack’

Rising wage costs eroding competitive edge: Satyam

Getting minor ports to use modern security measures a challenge

Looking back
Nov. 23-Nov. 29
‘No case for raising customs duty on imported steel’

Ruia group cuts costs to get through slowdown

ONGC strikes oil in KG nomination block

Government support required, says JLR

BHEL, BEL plan integrated photovoltaic facility

Vestas goes the Formula 1 way to master wind systems

Pricing norms eased for ADR/GDR issues by listed Indian cos