Business Daily from THE HINDU group of publications
Tuesday, February 03, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, February 03, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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OUTLOOK: DLF to raise over Rs 2,000 cr thru ‘non-strategic’ assets sale New Delhi, Feb. 2 India’s largest real estate company DLF Ltd on Monday said it plans to raise over Rs 2,000 crore by ‘unlocking’ non-strategic and non-core assets. These may include surplus land in specific sites and its ... ACCOUNTING STANDARDS: Books of Educomp, six PSUs come under Govt lens Inspections against more cos likely. New Delhi, Feb. 2 On the heels of the Satyam fraud, a number of companies both from the public and private sectors have come under the Ministry for Corporate Affairs ... AUDITING: Indian CAs can soon practice in Australia MUTUAL RECOGNITION. New Delhi, Feb. 2 Indian chartered accountants may soon get to practice Down Under. This could be one of the positive fallouts of the mutual recognition agreement (MRA) that accounting bodies of India and Australia are set ... PERFORMANCE: Maruti bucks trend with highest-ever car sales in Jan Signs of commercial vehicles sales revival. Mumbai, Feb. 2 January marked a feather in the cap for the country’s top carmaker Maruti Suzuki which posted its highest ever monthly sales of 71,779 units. Its previous highest was in March ... OUTLOOK: Merck talking to 10 pharma cos for tie-ups US slowdown not to impact investments in India. Hyderabad, Feb. 2 Global pharma major Merck & Co Inc is planning to expand its research collaboration with Indian companies and is currently in talks with 10 major and ... OPEN OFFERS: Market participants welcome SEBI move Amendments to open offer price norms. Mumbai, Feb. 2 Market participants welcomed markets regulator SEBI’s decision to amend takeover regulations for calculation of open offer price as it is in “the better interest of the long term ... INSIGHT: Time to act, not just react If the global financial crisis and the Mumbai carnage were not bad enough, the new year saw the ‘lid’ being blown off the big ‘Satyam scandal’. Corporate coffers have, no doubt, borne the brunt of these ... NEW PROJECTS: Biological E’s new facility in AP inaugurated Plans Rs 250 cr more investment for expansion later. Hyderabad, Feb. 2 Hyderabad-based Biological E Ltd (Bio E) has set up a new 75-acre biopharmaceutical and vaccines manufacturing campus at SP Biotech Park (Phase 2) in Shameerpet, on the ... ALLIANCES & JOINT VENTURES: GAIL, IFFCO sign MoU GAIL (India) Ltd and Indian Farmers Fertiliser Cooperative Ltd (IFFCO) have recently signed a memorandum of understanding (MoU) for co-operation in natural gas sector related opportunities in India. Under this agreement, both the companies ... ANNOUNCEMENTS: Fall in crude rates: Castrol India cuts prices Mumbai Feb. 2 After a period of over six years, automotive and industrial lubricants maker Castrol India, which has a nearly 20 per cent share in the domestic automotive lubricants market, has cut prices of its products across its portfolio ... RESTRUCTURING: RCom to transfer optical fibre biz to Reliance Infratel Mumbai, Feb. 2 The board of Reliance Communications has decided to transfer the optical fibre business of the company to Reliance Infratel, a subsidiary of ... CORPORATE GOVERNANCE: CII seeks protection for non-executive directors against criminal liability ‘New Companies Bill needs to encourage independent directors on boards’. The Confederation of Indian Industry (CII) wants the liabilities of independent directors to be “distinguished and made less onerous than liabilities of ... RESEARCH & DEVELOPMENT: Swiss pharma co Lonza evaluating prospects in India Hyderabad, Feb. 2 Lonza, a $2.5 billion Switzerland-based supplier to pharmaceutical, healthcare and life science industries, is evaluating prospects in India for manufacturing and custom manufacturing ... OUTLOOK: Hyundai raises i20 production New Delhi, Feb. 2 Hyundai Motor India Ltd is increasing its production gradually to meet the demand for its recently launched premium compact car, ...
OUTLOOK:
My TVS to expand car service biz to 14 States by year-end 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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