Business Daily from THE HINDU group of publications
Thursday, December 04, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, December 04, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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MERGERS & ACQUISITIONS: MAN to raise stake in jt venture with Force Motors Force Motors to manufacture range of axles. Pune, Dec. 3 MAN of Germany will buy a 14.2 per cent stake from its joint venture partner, Force Motors Ltd of Pune, for about Rs 300 crore (€49 million), taking its stake in the joint venture to ... OUTLOOK: Indian Hotels begins preliminary work at Taj Mumbai, Dec 3 Tata group’s Indian Hotels Company (IHCL) has begun preliminary work towards opening part of the Taj Mahal Hotel property which has suffered damage in the terrorist attack last ... MERGERS & ACQUISITIONS: Harita Seating acquires Polyflex Group Set to enter passenger car segment. Chennai, Dec. 3 Hosur-based Harita Seating Systems Ltd has acquired the Polyflex Group of companies for an undisclosed ... BUYBACK: EID Parry plans buyback E.I.D. Parry (India) Ltd has announced a buyback of equity shares at a maximum price of Rs 160 a share of the face value of Rs 2. The buyback opening on December 15 will be open up to October 28, 2009, unless the company’s board decides ... AWARDS & HONOURS: Tata Steel MD awarded ... NEW BUSINESS: Timken bags $16-m Rlys order ... PEOPLE: New appointment at GVK Bio GVK Biosciences Pvt Ltd has appointed Dr Shoibal Mukherjee as Senior Vice-President, Clinical Development. Prior to the current assignment, Dr Mukherjee had served Ranbaxy and Pfizer in senior positions. The Hyderabad-based company has ... OUTLOOK: Mir Realtors entering budget housing sector Kochi, Dec. 3 Mir Realtors, the construction and real estate arm of the South India based Mir Group, is planning to enter the budget housing sector ... NEW BUSINESS: Astra Microwave rises after winning work order in a radar system BEL, Zen Technologies also gain on Defence hopes. Kolkata, Dec. 3 Astra Microwave made a wave in stock market as it surged 18 per cent after it announced this week that it has received an order for Rs 57.31 crore for supply of sub systems for ... ALLIANCES & JOINT VENTURES: Mukand in pact with Japan’s Kobe Steel To execute EPC contracts. Mumbai, Dec. 3 Speciality steelmaker Mukand Ltd has entered into an exclusive licence agreement with Kobe Steel of Japan to execute EPC (engineering, procurement and construction) contracts of Kobe’s coal-based ... OUTLOOK: Schwing Stetter’s revenue may dip on realty slump Bangalore, Dec. 3 The slump in some real estate markets could result in about 25 per cent dip in revenues for readymix concrete equipment company Schwing Stetter India, a 100 per cent subsidiary of Schwing Gmbh, ... NEW BUSINESS: Dr Reddy’s bags order to supply 7 drugs in Germany Dr Reddy’s Laboratories has won contracts for supply of seven active pharmaceutical ingredients (APIs) ... ALLIANCES & JOINT VENTURES: Ranbaxy in pact with BioPro to market brain tumor drug in India New Delhi, Dec 3 Ranbaxy Laboratories Ltd announced that it has signed an exclusive agreement with BioPro Pharmaceutical Inc for marketing a brain tumor drug – Gliadel- in ... OUTLOOK: Tata Steel faces risk from price declines Consolidated results better than expected. Tata Steel has delivered stronger-than-expected profit growth in its consolidated operations for the September quarter of ... NEW BUSINESS: GVK Power consortium gets 7 blocks GVK Power & Infrastructure Ltd has informed BSE that the Ministry of Petroleum & Natural Gas has awarded seven Offshore Deep Water blocks to the Consortium of BHP Billiton Petroleum International Pty. Ltd. and GVK Oil & Gas Ltd ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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