Business Daily from THE HINDU group of publications
Wednesday, February 04, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, February 04, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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IPR: Cipla export consignment too seized at Amsterdam On grounds of patent infringement. Mumbai, Feb. 3 It is not just drug makers Ind-Swift and Dr Reddy’s Laboratories’ export consignments that were confiscated by Customs authorities in Amsterdam in the last three-odd months on the ... AUDITING: Educomp to work with Govt to prove credibility To appoint Grant Thornton as internal auditor. New Delhi, Feb. 3 Education solutions provider Educomp Solutions Ltd has said it will work with the Government and regulators to prove the company’s credibility. The company also said it will ... FINANCIAL PERFORMANCE: Flagging demand, mounting debt dent realty numbers The real estate sector’s woes came to a head in the December quarter. The 22 listed realty players actively traded in the market reported a 59 per cent decline in sales and 69 per cent fall in profits for the quarter ended December ... HUMAN RESOURCES: CIL’s new wage bill likely to push up price of coal Co assessing the impact of cost push. Kolkata, Feb. 3 Indian industry, including the power sector, may have to shell out higher prices for domestic coal in ... NEW PROJECTS: Maharashtra Govt signs 5 MoUs for Rs 6,000-cr investments Mumbai, Feb .3 The Maharashtra Government has approved 135 mega projects since June 2005 which have brought in an investment of Rs 1.53 lakh crore. . The projects have potential to generate five lakh jobs in five to seven years, said Mr A ... MERGERS & ACQUISITIONS: Hiranandani group’s realty fund Hirco calls off merger Mumbai, Feb. 3 The Hiranandani group’s Alternative Investment Market-listed realty fund Hirco Plc has said the merger proposal of its promoter-owned entities — Hirco Developments and Hiranandani Investment Co with itself would ... NEW PROJECTS: Global Talent Track to expand operations Four months into inking a pact with the Pune University to introduce its training modules in colleges in Maharashtra, manpower training company Global Talent Track plans to expand to Rajasthan, Gujarat, Punjab as well as China and ... RESEARCH & DEVELOPMENT: US drug co may set up R&D centre in Bangalore Hyderabad, Feb. 3 The US-based Pikamab, a company engaged in drug development through monoclonal anti-bodies (MAB), is planning to start operations in India by setting up a research and development centre in ... NEW PROJECTS: HPCL’s common carrier pipeline goes on stream New Delhi, Feb. 3 An oil products pipeline that can be accessed by all refinery-cum-marketing companies, the country’s first such venture, was commissioned ... OUTLOOK: Tata Tea bets on multi-pronged strategy Kolkata, Feb. 3 Tata Tea Ltd (TTL) has embarked upon a multi-pronged strategy for different markets where it operates keeping in view the present tight economic scenario across the ... CORPORATE GOVERNANCE: Will power shift happen from West to East? ‘Quality of human capital holds the key’. Chennai, Feb. 3 Will the current economic crises witnessed by US and Europe mean a power shift from the West to Asia? No, according to Dr Amit Mitra, Secretary ... ALLIANCES & JOINT VENTURES: ‘Give more freedom to navratna PSUs to form jt ventures’ New Delhi, Feb. 3 The Union Minister of State for Power and Commerce, Mr Jairam Ramesh, on Tuesday suggested giving greater autonomy to navratna public sector undertakings wanting to enter in to ... AUDITING: ICAI, CPA Australia sign pact New Delhi, Feb. 3 The Institute of Chartered Accountants of India (ICAI) and CFA Australia Ltd on Tuesday signed a mutual recognition agreement (MRA). This would pave the way for increased mobility of accounting professionals at ... MERGERS & ACQUISITIONS: Cosmo Films acquires US co Mumbai, Feb. 3 Cosmo Films Ltd has acquired US-based GBC Commercial Print Finishing owned by ACCO Brands Corporation for an undisclosed amount. GBC, which has $100 million in annual revenues, is into thermal lamination films and binding ... OUTLOOK: General Motors may hike Chevy price Hyderabad, Feb. 3 Citing growing input costs, General Motors India is considering hike in prices of its Chevy range of cars currently offered in the country, including its small car ... SICK UNITS: Sakthi Sugars’ overseas subsidiaries file for bankruptcy Coimbatore, Feb. 3 In view of the economic meltdown in the US and Europe and consequent liquidity crisis caused by sharp reduction in getting orders, the subsidiaries of Sakthi Sugars in Germany and Sweden have filed ... NEW BUSINESS: Ion Exchange bags desalination plant project Chennai, Feb. 3 Ion Exchange India Ltd has bagged the Rs 126.3-crore project to set up a seawater desalination plant for NTPC Tamil Nadu Energy Company Ltd in ... PEOPLE: New appointment at Philips Philips Electronics India Ltd has announced the appointment of Mr Rajeev Chopra as Head – Lighting sector. In his second stint at Philips India, Mr Chopra will be responsible for the overall commercial performance of Philips Lighting ... 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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