|
|
CORPORATE
EVENTS:
Clinton builds on commonalities
Mumbai, July 18 The images were striking, as the US Secretary of State, Ms Hillary Rodham Clinton, sat at the round table, flanked by Mr Ratan Tata and Mr Mukesh Ambani, at the Taj Mahal Palace Hotel in ...
OVERSEAS INVESTMENTS:
A load of trouble
Tata MotorS-JLR. A year is too short a time to judge the success or otherwise of an acquisition. Indeed, M&A deals are always done with an eye on the medium-to-long-term horizon. By that measure, it certainly is too early to pass a comment ...
OVERSEAS INVESTMENTS:
US cos may get sites in Gujarat, AP for N-plants
New Delhi, July 18 Kowadi in Andhra Pradesh and Mithirvirdi in Gujarat will be allotted as the greenfield site locations for US firms — GE-Hitachi and Toshiba-Westinghouse — to set up atomic power ...
HUMAN RESOURCES:
Now, a ‘we care’ voucher
Lack of organised child care facilities is a bottleneck, says Accor CEO. Chennai, July 18 An economic meltdown is not necessarily the worst of times for all employees; HR managers know this, as also providers of integrated employee ...
CORPORATE DISPUTES:
Petroleum Ministry has no role, says RNRL in rejoinder to apex court
New Delhi, July 18 Reliance Natural Resources Ltd (RNRL) led by Mr Anil Ambani in its rejoinder filed in the Supreme Court, on Saturday, said the Ministry of Petroleum and Natural Gas “does not have any role or locus standi to file ...
MERGERS & ACQUISITIONS:
Not yet pay-off time
Tata Steel-Corus. Deemed the biggest foreign acquisition by an Indian company, Tata Steel acquired Anglo-Dutch steel-maker Corus in January 2007 for $13.7 billion. That the acquisition has some way to go before it pays off is evident from the ...
PERFORMANCE:
TCS delivers on volume growth
Tata Consultancy Services Ltd has managed to better market expectations of its financials for the June quarter of the current fiscal. It has also fared better than Infosys on parameters such as volume growth and top client ...
OUTLOOK:
Maruti to ramp up production by Sept
All set to touch sales of 1 m units this fiscal. Mumbai, July 18 Maruti Suzuki, which has been averaging monthly sales of around 75,000 units during the April-June period of this fiscal, is likely to ramp up production by 25 per cent towards ...
MERGERS & ACQUISITIONS:
Betapharm blues for Dr Reddy’s
Three years back in February 2006, Dr Reddy’s Laboratories (DRL) had acquired Betapharm Arzneimittel GmbH (Betapharm), the fourth-largest generic pharmaceutical company in Germany, from the 3i Group PLC (3i) for €480 ...
ANNOUNCEMENTS:
Reliance BIG listing on cards
Mumbai, July 18 Mr Anil Ambani, Chairman of Reliance ADAG, plans to list his group’s media and entertainment arm, Reliance ...
RESTRUCTURING:
Maytas Infra to get Rs 300-cr first tranche
Hyderabad, July 18 The Maytas Infra Board on Saturday said the company is set to receive the first tranche of fund infusion of about Rs 300 crore shortly, ending six months of ...
STANDARDS & BENCHMARKS:
Natco Pharma recalls breast cancer drug
Hyderabad, July 18 Natco Pharma Ltd has recalled its breast cancer drug Albupax following an order from the Drug Controller General of India (DCGI), which said that the drug might cause damage ...
ALLIANCES & JOINT VENTURES:
SAIL steel for BEML wagons
...
ANNOUNCEMENTS:
Maruti launches CNG Alto
Maruti Suzuki has launched in Delhi and the National Capital Region a CNG version of the Alto that costs Rs 43,545 more than the petrol version. This is the first model of the company with a CNG variant. However, the CNG kit will be fitted only ...
OVERSEAS INVESTMENTS:
CIL’s social initiative precedes coal concession deal in Mozambique
Pre-bid meet tomorrow to develop closed mines. Kolkata, July 18 As a first step towards securing exploration and development rights in two coal blocks in Mozambique, Coal India Ltd will shortly initiate social development programmes ...
BUYBACK:
Pennar Industries Q1 net up 11.6%
Pennar Industries Ltd’s net profit increased 11.6 per cent at Rs 10.78 crore in the first quarter ended June 31, 2009, compared with Rs 9.66 crore in the corresponding quarter of the ...
MERGERS & ACQUISITIONS:
Haunted by legacy orders
Punj Lloyd-Sembcorp. It was not high price or excessive leverage that marred Punj Lloyd’s acquisition story. Little could the company have predicted that legacy orders of a subsidiary of the acquired business would come back to haunt it ...
MERGERS & ACQUISITIONS:
Strategic but no results yet
Hindalco-Novelis. Moving up the value chain, access to superior technology, high-end products and expanding the geographical reach were the driving forces for Hindalco, when it acquired Novelis for $6 billion in July 2007, when the commodities ...
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