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Saturday, November 14, 2009
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DIVERSIFICATION: Nalco to partner NPC for n-power project
Kolkata, Nov. 13 Public sector aluminium giant National Aluminium Company (Nalco) plans to enter nuclear power generation and distribution in partnership with Nuclear Power Corporation ...

MERGERS & ACQUISITIONS: PVR acquires DLF’s DT Cinemas
Raises Rs 42 cr by selling 10% stake to Thai firm. New Delhi, Nov. 13 PVR Ltd announced on Friday that it has acquired DLF Group’s DT ...

ACCOUNTING STANDARDS: CA institute lists cos for IFRS convergence
Over 400 firms covered in phase-I. New Delhi, Nov. 13 The Institute of Chartered Accountants of India (ICAI) has brought out a list of over 400 companies that should converge their accounting practices with International Financial Reporting ...

ALLIANCES & JOINT VENTURES: Manipal group’s Ecron Acunova ties up with Tokyo CRO for clinical trials
Bangalore, Nov. 13 The doors just opened wider for Indian and Japanese pharma and medical devices companies to enter each others ...

OUTLOOK: Greaves plan for new gensets
Greaves Cotton Ltd will tap the industrial and commercial units in Tamil Nadu for its newly launched G Series genset, which has applications in hotels, hospitals and retails outlets. It hopes that the market size for such gensets could be ...

MERGERS & ACQUISITIONS: UltraTech board meet
UltraTech Cement has convened a board meeting on Sunday to consider the recommendations of the Committee of Directors on the merger process of Samruddhi Cement with itself. Grasim Industries last month spun off its cement business into ...

OUTLOOK: Everest Ind builds on rural demand, new launches
Coimbatore, Nov. 13 Building solutions provider Everest Industries Ltd (EIL) does not think that the 85 per cent jump in turnover recorded last year over the previous fiscal is a ...

OUTLOOK: Volkswagen’s Chakan unit to fuel Skoda volume drive
Hyderabad, Nov. 13 With group company Volkswagen AG’s Chakan plant in operation, Skoda Auto India is now in the process of stepping up volumes in the country both for the Fabia and sedans at its Aurangabad ...

MERGERS & ACQUISITIONS: Essar Steel completes acquisition of Shree Precoated
Mumbai, Nov. 13 Essar Steel has completed the Rs 1,200-crore deal to acquire Pune-based Shree Precoated ...

OVERSEAS BORROWINGS: Tata Steel to swap $875-m debt securities for bonds
Mumbai, Nov. 13 Tata Steel has approved an exchange offer of new foreign currency convertible bonds for the existing investors of $875 million convertible alternative reference securities (CARS) due for conversion ...

RESEARCH & DEVELOPMENT: Why Japan-India clinical research alliance is what the doctor ordered
Mumbai, Nov. 13 Japan holds out exciting growth prospects for drug companies, being the second largest pharmaceutical market in the world. But its not just the business — a more tactical requirement also drives similar alliances ...

ANNOUNCEMENTS: TVS Motor re-launches twin spark plug ‘Flame’
TVS Motor Company today announced the re-launch if its ‘twin spark plug’ motorcycle, Flame, whose first launch two-and-a-half years ago sparked a patent litigation with rival ...

MERGERS & ACQUISITIONS: Aurobindo, Trident Life merger
The board of directors of Aurobindo Pharma Ltd has approved the merger scheme of its wholly-owned subsidiary, Trident Life Sciences Ltd, with itself. According to the merger scheme, all the assets and liabilities of Trident would be transferred ...

NEW BUSINESS: BGR Energy gets Rs 45-cr orders
...


Columnists: C Gopinath Harish Bijoor Ramanujam Sridhar Radhika Chada K Srikrishna




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Markets (Nov 13)
Nifty (at close)4,998.65 (+46.30)
US Dollar (Buy/Sell)46.31/32
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Silver (a kg) Rs28,230

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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

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Other Top Stories
Domestic BPO market to be $6.82 b by 2013

Forex reserves rise $1.02 billion

Insurance industry growth likely to slow down: IDBI Fortis CEO

Demand-supply gap in rubber likely to stretch further

GMR, Met to clear fog miseries at Delhi airport

Sops likely to cut solar power equipment costs

Nomura buys L&T stake in Mahindra Satyam

Tata Steel to swap $875-m debt securities for bonds

Looking back
Nov. 1-Nov. 7
Nigeria seeks Apollo’s help to modernise healthcare system

Unitech net tanks over 50% in Q2

DLF plans ‘value’ housing to expand market reach, unlock land banks

GMR group completes Istanbul terminal

CLW’s Dankuni unit set to meet higher output targets

Miners’ strike may hit steel production

Dhunseri Tea brewing overseas acquisition plans

Honda to launch 110cc bike with new style mantra

Company Secretaries body for cap on directorships

Phillips Carbon to shift to CBM as feedstock




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