|
|
CORPORATE
OVERSEAS INVESTMENTS:
Wockhardt sells German biz Esparma
Mumbai, June 17 Debt-ridden Wockhardt Ltd has divested its German business Esparma to Mova GmbH, a subsidiary of Lindopharm GmbH, Germany, for an undisclosed ...
OVERSEAS INVESTMENTS:
Nalco work on Indonesia project’s report after Sept
Port and rail link concessions for smelter unit to be ready by then. Kolkata, June 17 The public sector National Aluminium Company (Nalco) will take up after September the process of preparing a detailed project report for its proposed ...
OUTLOOK:
Fiat launches Grande Punto
Aims at capturing 12% market share in premium hatchback segment. New Delhi, June 17 Italian automobile group Fiat has introduced its premium hatchback Grande Punto, setting its eyes to capture an 11-12 per cent market share in the ...
PRIVATE PLACEMENT:
Deccan 360 plans expansion; to raise Rs 150 cr thru debt
The promoter of the country’s first low-cost airline Air Deccan, Capt G. R. Gopinath’s new venture Deccan 360, an express logistics company, is close to raising up to Rs 150 crore through debt for its working capital needs as ...
OUTLOOK:
GM India to focus on global platforms, wean away from Daewoo
Plans to put expertise at its Bangalore centre to use. Mumbai, June 17 General Motors India will gradually reduce its dependence on Daewoo products developed in Korea and, instead, work actively towards creation of new global platforms for ...
ESOPS:
ESOPs turn attractive
Exercise value below market price in several cases. A recovering stock market may have restored the sheen of employee stock options (ESOPs) as a form of compensation in listed ...
ANNOUNCEMENTS:
Kingfisher, Jet hike fuel surcharge by Rs 400
This follows the decision of Jet Airways and Kingfisher Airlines to raise the fuel surcharge by Rs 400 on all their domestic ...
IPOS:
NHPC public float in 2-3 months
The Union Power Minister, Mr Sushilkumar Shinde, on Tuesday said NHPC Ltd will float its initial public offering in 2-3 months. It has time till September 17 to come out with its IPO without seeking a fresh approval from the Securities and ...
OUTLOOK:
Honda says small car project on track
Honda Siel Cars India Ltd (HSIL) on Wednesday said that the small car project in India is on track and is likely to be rolled out in couple of years according to ...
CORPORATE DISPUTES:
NTPC, Reliance Ind case hearing on July 8
Mumbai, June 17 The Bombay High Court has admitted NTPC’s (National Thermal Power Corporation) appeal against Reliance Industries’ submission to amend its written statement relating to gas supplies from the Krishna-Godavari ...
TECHNOLOGY:
BPCL Kochi Refinery develops eco protection tech
Kochi, June 17 Bharat Petroleum Corporation Ltd — Kochi Refinery has developed a unique environment protection technology for removing toxic hydrogen sulphide gas produced when crude oil is heated to high ...
NEW BUSINESS:
IRB Infra bags deal for 4-laning of Goa-Karnataka highway
Bangalore, June 17 IRB Infrastructure Developers Ltd has been awarded the four-laning of the 65-km long National Highway-4a Goa-Karnataka border starting ...
ALLIANCES & JOINT VENTURES:
Avesthagen in tie-up with Finland centre
Avesthagen Ltd said it has signed a memorandum of understanding (MoU) with Finland’s VTT Technical Research Centre to take up product-based research projects in ‘theranostics’ – therapy-based diagnostics – that ...
NEW BUSINESS:
Mafatlal to hike production of school uniforms
Mumbai, June 17 Mafatlal Industries, of the Arvind Mafatlal group, plans to increase production of school uniforms to 60 lakh metres following ...
OUTLOOK:
SAIL plants to consume more domestic coal
Kolkata, June 17 Steel Authority of India’s (SAIL) plants, according to a tentative plan prepared so far, are to consume more domestic coal in 2009-10 compared with ...
FINANCIAL PERFORMANCE:
Sagar Cements Q4 net rises
Sagar Cements Ltd’s net profit increased to Rs 6.86 crore (Rs 5 crore) in the fourth-quarter ended March 31, 2009. The total income increased 80 per cent to Rs 126 crore (Rs 70 crore). The profitability of the Hyderabad-based company ...
DIVIDEND ANNOUNCEMENT:
Rain Commodities dividend
Rain Commodities Ltd has declared a dividend of 37 per cent (Rs 3.70 per equity share) for the financial year ended December 31, 2008. Its annual general meeting held here on Wednesday had also approved the increase in the limit of investment ...
DIVERSIFICATION:
Mayfair enters education sector
Kolkata-based real estate company Mayfair Group announced its foray into the educational sector with the setting up of its first B-school on EM Bypass in the city. Mayfair Business School would offer undergraduate and postgraduate courses ...
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
|
|
RSS Feeds