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CORPORATE
NEW PROJECTS:
India Inc borrows to build
SBI Capital ties up Rs 72,500-crore funding for projects in April-June quarter. Mumbai, July 13 India Inc appears to be shrugging off its aversion to borrowing to set up greenfield projects and undertake brownfield ...
OUTLOOK:
Toyota thinks big for India small car
‘It is now time for a new vision and mission’. Mumbai, July 13 Toyota is drafting an aggressive strategy for India, which will see its small car emerge as a critical growth ...
NEW PROJECTS:
PowerGrid may go slow on evacuation line work in AP
Meant for Krishnapatnam ultra mega power project. Hyderabad, July 13 Power Grid Corporation of India Ltd (PGCIL) is likely to go slow on developing the Rs 5,000-crore evacuation line from the 4,000 MW Krishnapatnam ultra mega power project, ...
NEW PROJECTS:
TNPL proposes to set up de-inking plant
Making pulp from recycled waste paper. Tamil Nadu Newsprint and Papers Ltd plans to set up a 300-tonne-a-day de-inking plant to produce pulp from recycled ...
ALLIANCES & JOINT VENTURES:
Ashok Leyland, John Deere complete pact for venture
Chennai, July 13 Ashok Leyland, the flagship of the Hinduja Group, and John Deere Construction & Forestry Company today announced the completion of all legal formalities for the formation of the joint venture company – Ashok ...
IPR:
Merck to revise labelling on cervical cancer vaccine
Information on adverse effects to doctors and patients. Mumbai, July 13 Multinational drug-major Merck Sharp & Dohme will revise the labelling on its cervical cancer vaccine Gardasil, after it informs the Indian drug regulatory authority ...
OVERSEAS BORROWINGS:
Air India raises $1 b from J.P. Morgan
New Delhi, July 13 Air India has raised $1 billion from J.P. Morgan Chase and Company to pay for 10 aircraft including seven Boeing 777 and three Boeing ...
NEW PROJECTS:
ONGC to invest $729.43 m in Rajasthan fields
ONGC will invest about $729.43 million in Cairn India operated Rajasthan oilfields, the Petroleum Minister, Mr Murli Deora, informed the Rajya Sabha, ...
RESTRUCTURING:
Maytas Infra steps up debt recovery efforts
Hyderabad, July 13 With lenders recently approving the corporate debt restructure package, Maytas Infra has stepped up efforts to recover its dues amounting to Rs 450 ...
PERFORMANCE:
Domestic airlines fly more passengers in June
New Delhi, July 13 The decline in domestic air travellers seems to have been arrested. In June, the number of passengers carried by the nine domestic airlines registered a growth of 5.3 per cent at 36.94 lakh, compared with the ...
NEW BUSINESS:
BGR bags Rs 1,632-cr Maharashtra job
Chennai, July 13 Chennai-based BGR Energy Systems has won a Rs 1,632 crore Engineering, Procurement, Construction (EPC) contract from Maharashtra Power Generation Corporation (MahagenCo) for the execution of ‘balance of plant’ for ...
ANNOUNCEMENTS:
Reliance Ind producing 31 mscmd from D6 block
New Delhi, July 13 Reliance Industries Ltd (RIL) is currently producing 31 million standard cubic metres a day (mscmd) of gas from its D6 block in Krishna Godavari basin. This information was given by the Minister of State for Petroleum ...
OUTLOOK:
Israeli firm begins operations
Tel Aviv (Israel)- headquartered farm technology major Makhteshim-Agan, which has expertise in crop protection products, on Monday formally launched its activities in Hyderabad, marking its formal entry into the ...
OUTSOURCING:
Bavina Cars to outsource parts
Bavina Cars India Ltd plans to outsource over 80 per cent of the components for its plug-in series hybrid passenger car. The company will import transmissions from BorgWarner in the US and outsource sheet metal parts from Caparo and motors ...
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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