Business Daily from THE HINDU group of publications
Tuesday, December 30, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, December 30, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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NEW PROJECTS: Binani lines up Rs 1,000-cr investment in cement, zinc Additional Rs 300 cr in smelter in Rajasthan. Mumbai, Dec. 29 The Binani Group has lined up Rs 1,300 crore investments in cement ... OUTLOOK: Hyundai production 8% lower than target Launches premium compact car i20. New Delhi, Dec. 29 Hyundai Motor India Ltd on Monday said it expected to close the current calendar year producing 4.85 lakh units, 8 per cent lower than the 5.3 lakh units it had originally planned. The company ... ANNOUNCEMENTS: Block closure at Kirloskar Bros Industrial and agro pumps manufacturer, Kirloskar Brothers Ltd (KBL), is implementing several measures including 10-day block closure at its Dewas plant to tide over the current economic downturn. The plant has already been operating on a 5-day ... SICK UNITS: Sarabhais to revive pharma, other businesses Ahmedabad, Dec. 29 His visionary father inherited vast family businesses and fortune, but, choosing the paradise of mind instead, he created numerous institutions out of nothing. Dr Vikram Ambalal Sarabhai’s son, Kartikeya, is now ... PERFORMANCE: Fiat despatches first batch of Lineas to dealers Mumbai, Dec. 29 Fiat India Automobiles (FIAL), the joint venture of Fiat and Tata Motors, has despatched the first batch of 100 Lineas from its plant in Ranjangaon near ... NEW PROJECTS: Bengal allots 749 acres to Jai Balaji Industries Kolkata, Dec. 29 The West Bengal Government today allotted 748.97 acres of land to Jai Balaji Industries for setting up an integrated steel plant at Raghunathpur in Purulia district. The lease holding agreement in this connection will be ... MERGERS & ACQUISITIONS: PwC acquires ECS New Delhi, Dec. 29 PricewaterhouseCoopers (PwC) on Monday announced that it has concluded a transaction to acquire all shares of ECS Ltd from its erstwhile owners ... ANNOUNCEMENTS: Lakshmi Mills downs shutters in Coimbatore Coimbatore, Dec. 29 Lakshmi Mills Company Ltd has informed Bombay Stock Exchange that due to recessionary trend in the market and the condition of the machinery in its Coimbatore unit, a voluntary retirement scheme has been effected and the ... FIXED DEPOSITS: Remand for Nagarjuna Group Chairman extended Hyderabad: The judicial remand for Chairman of Nagarjuna Group, Mr K S Raju and Mr P K Madhav, Chief Executive Officer, Maytas Infra, has been extended till January 12. They were arrested earlier this month on charges of ... MERGERS & ACQUISITIONS: Stansen buys Credit Suisse PE arm Credit Suisse Pvt Equity Partners Asia LP has sold off its Mauritius-based subsidiary Ganesha Prime Holdings Ltd to Singapore-based Stansen Holdings Pte Ltd for undisclosed amount. Ganesha Prime holds 18,500,000 equity shares of Rs 10 each of ... DIVIDEND ANNOUNCEMENT: SMS Pharma declares dividend SMS Pharmaceuticals Ltd has declared a dividend of Rs 2 an equity share or 20 per cent on equity shares of Rs 10 each for the year ended March 31, 2008. A decision to this effect was taken at the 20th Annual General Meeting (AGM) of ... Columnists: • C Gopinath • Harish Bijoor • Ramanujam Sridhar • Radhika Chada • K Srikrishna Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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