Business Daily from THE HINDU group of publications
Monday, November 02, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, November 02, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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HUMAN RESOURCES: Private sector hikes wage bill, but cautiously Staff spend in first half tracks trends in corporate profits. Wage bills in the private sector are upward bound once again, but the increases are well below the levels seen in the boom ... MODERNISATION: CLW’s Dankuni unit set to meet higher output targets Chittaranjan Locomotive Works (CLW), Indian Railways’ premier electric locomotives production unit, located near the Bengal-Jharkhand border, now proposes to manufacture a portion of its critical sub-assemblies, such as shells ... FINANCIAL PERFORMANCE: BEL net profit soars The Defence public enterprise, Bharat Electronics Ltd, has swung a Q2 net profit growth of 226 per cent growth at Rs 237 crore year on year. It had recorded a net profit of Rs 72 crore for the same July-September quarter of 2008. Net sales were ... PEOPLE: Shakeel Ahmed is Hind Copper CMD Mr Shakeel Ahmed took over as the Chairman and Managing Director of Hindustan Copper Ltd on October 28. Mr Ahmed was previously the advisor (Projects) to Railway Board and spearheaded the transfer of technology and manufacturing of new ... OUTLOOK: Russian hydrocarbon cos keen to partner GSPC Ahmedabad, Nov. 1 Russian hydrocarbon companies, including Gazprom, have evinced interest in working with Gujarat State Petroleum Corporation Ltd (GSPC) and other sectoral entities in India ... RESTRUCTURING: IVRCL to rejig operations Posts lower Q2 net of Rs 49 cr. Hyderabad, Nov. 1 IVRCL Infrastructures & Projects Ltd has recorded lower net profit of Rs 48.77 crore on revenues of Rs 1,245.10 crore for the second quarter ended September 30, 2009 as against net profit of ... REGULATORY BODIES & RULINGS: Zenotech gets CLB nod to call for board meeting Hyderabad, Nov. 1 With the nod from the Company Law Board (CLB), Zenotech Laboratories Ltd (ZLL) plans to call the next board meet to fulfil its ... OUTLOOK: No new car platforms: Tata Motors ... TRADE & LABOUR UNIONS: Miners’ strike may hit steel production Kolkata, Nov. 1 The production in public sector steel plants may be hit in the next few days due to poor availability of iron ore, according to a statement issued by the Steel Workers’ Federation of ... NEW PROJECTS: Godrej’s residential project in Kolkata Mumbai, Nov. 1 Godrej Properties has launched its first residential project in Kolkata. The project in Sodepur has both rail and road connectivity and advantages such as schools, hospitals and educational institutions in close proximity, ... PEOPLE: John Flannery to be new GE India chief New Delhi, Nov. 1 The General Electric Company Chairman and Chief Executive Officer, Mr Jeff Immelt, recently announced the appointment of Mr John Flannery as the new President and CEO of GE’s business operations in India. Mr Flannery ... ALLIANCES & JOINT VENTURES: NTPC-BHEL’s equipment venture to set up unit in AP New Delhi, Nov. 1 NTPC-BHEL Power Projects Private Ltd (NBPPL), the newly-formed joint venture of NTPC Ltd and Bharat Heavy Electricals Ltd (BHEL), will set up its power equipment manufacturing plant at Mannavaram in Andhra ... NEW PROJECTS: Reichhold sets up production plant near Pune Pune, Nov. 1 Reichhold Industries Inc, US-based maker of unsaturated polyester resin (UPR), launched its first manufacturing plant in India at Ranjangaon near ... MERGERS & ACQUISITIONS: Ramky finishes Cleantech buy Hyderabad, Nov. 1 The waste management company, Ramky Enviro Engineers Ltd, part of the Hyderabad-based Ramky Group, has announced that it has completed the acquisition of Cleantech Business from Sembcorp Environment Private Ltd, a ... PEOPLE: Ravichandran on Murugappa Corporate Board Mr V. Ravichandran, Managing Director, Coromandel International Ltd, a Murugappa Group company, has been appointed on the Murugappa Corporate Board, according to a press release from ...
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BHPV board constituted 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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