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CORPORATE
ANNOUNCEMENTS:
Nano gets over 2 lakh bookings
Mumbai, May 4 The Tata Nano has drawn 2.03 lakh bookings valued at nearly Rs 2,500 crore, according to a Tata Motors release issued here on ...
OUTLOOK:
Ranbaxy close to completing trials for new malaria drug
New Delhi, May 4 Ranbaxy Laboratories Ltd on Monday announced the commencement of the third phase clinical trials for its new anti-malaria combination drug in India, Bangladesh and ...
OUTLOOK:
Maruti bets on Ritz to drive domestic sales
Sees A-Star exports touching one lakh units this fiscal. New Delhi, May 4 Maruti Suzuki expects its upcoming model Ritz, based on the Swift platform, to sell about 9,000 units a month. The company’s confidence to sell high volumes of this ...
OUTLOOK:
United Spirits stake sale talks with Diageo make no headway
Cos yet to come up with a definitive structure for the deal. Bangalore, May 4 The world’s largest liquor maker Diageo’s plan to pick up a stake in United Spirits is hanging fire as both the companies struggle to identify a firm ...
NEW PROJECTS:
DLF exits from Bidadi Satellite Township Project
Bangalore, May 4 Real estate developer DLF Ltd has exited from the Bangalore Metropolitan Region Development Authority’s (BMRDA) 9,300-acre Bidadi Satellite Township Project near ...
PERFORMANCE:
Cement cos’ realisation marginally up sequentially
Mumbai, May 4 Cement companies price realisation was almost flat in the fourth quarter of 2008-09 on a sequential basis despite cement prices rising in the wake of ...
OUTLOOK:
IDFC Project Equity set to invest $110 m in two projects
Likely to pick up stakes in two infrastructure projects. Mumbai, May 4 IDFC Project Equity Co Ltd, set up by Infrastructure Development Finance Company (IDFC) as an infrastructure equity investment management company, is poised to invest about ...
REGULATORY BODIES & RULINGS:
Jubilant gets US FDA nod to market generic Sestamibi
New Delhi, May 4 Jubilant Organosys Ltd has announced that its subsidiary in the US, DRAXIMAGE LLC has received the US Food and Drug Administration approval for a generic drug used to evaluate the flow of blood to the ...
DIVIDEND ANNOUNCEMENT:
Kesoram to pay Rs 3.25 dividend
Kolkata, May 4 B.K. Birla group’s Kesoram Industries has recommended a lower dividend of Rs 3.25 a share of Rs 10 each for 2008-09 against Rs 5.50 in ...
PEOPLE:
GHCL board okays 2 directors’ resignations
New Delhi, May 4 Soda ash and textiles firm GHCL Ltd on Monday said its board of directors has approved the resignation of Mr Pramod Jain and Mr Jagdish Capoor from the board with effect from April 30 and April 22, ...
ANNOUNCEMENTS:
Essar Oil restarts refinery
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DIVERSIFICATION:
Anns enters masala, cereal biz
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Columnists:
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C Gopinath
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Harish Bijoor
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Ramanujam Sridhar
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Radhika Chada
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K Srikrishna
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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