CORPORATE
ANNOUNCEMENTS
Dr Reddy's launches new drug in urology segment
Dr Reddy's Laboratories Ltd has announced the launch of alfuzosin hydrochloride - indicated for the treatment of signs and symptoms of benign prostatic hyperplasia (BPH). In a press release on Monday, the company said alfuzosin hydrochloride ...
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NEW BUSINESS
BHEL bags Rs 842-cr contracts in Rajasthan
State-owned Bharat Heavy Electricals Ltd (BHEL) has bagged two contracts worth Rs 842 crore for setting up two thermal power projects in Rajasthan. The contracts, placed by Rajasthan Vidyut Utpadan Ltd, entail the setting up of a 250-MW unit at ...
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L&T bags Rs 329-cr order from IOC, Bongaigaon
Larsen & Toubro Ltd (L&T) has bagged four orders together valued at Rs 329 crore from Indian Oil Corporation and Bongaigaon Refinery & Petrochemicals Ltd (BRPL) for their on-going expansion projects. L&T's Heavy Engineering Division w
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NEW PROJECTS
Hyderabad Ind starts production
Hyderabad Industries Ltd has informed the stock exchanges that the commercial production of its asbestos cement sheets and accessories unit located at Satharia in Jaunpur district of Uttar Pradesh has started from Monday. ...
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Russian co EBC to enter thru 100 pc FDI route
Plans Rs 124-cr manufacturing unit in Hyderabad
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OVERSEAS INVESTMENTS
Claris Lifesciences to set up units in China, Japan
Company is market leader in critical care segment in India
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Foreign acquisition
MR B.K. GOENKA, Vice-Chairman & MD, Welspun Group, and Mr Joel Rosenblatt, Managing Director, Christy, at a press conference on Monday in Mumbai. Welspun said that it would initially pay Rs 100 crore to buy a 85 per cent stake in UK's CHT ...
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TRADE & LABOUR UNIONS
PM assures shares to NLC staff
Employees not enthusiastic, call indefinite strike from today
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ALLIANCES & JOINT VENTURES
Swaraj Mazda to sell Isuzu buses
Swaraj Mazda on Monday said that it has signed a technical assistance agreement with Japanese automotive major Isuzu. Swaraj Mazda Ltd (SML) is a joint venture between Japan's Sumitomo Corporation and Punjab Tractors. Isuzu Motors said, under ...
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INTERVIEW
No confirmation that pricing autonomy will be given: IOC
Mr S.V. Narasimhan, Director (Finance), IOC, is unsure of the extent of pricing autonomy. According to him, there has been no confirmation from the Oil Ministry that pricing autonomy would be given to oil companies. Excerpts from CNBC-TV18's ...
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DIVERSIFICATION
Rossell Tea plans foray into aviation sector
Formal announcement to be made soon
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STANDARDS & BENCHMARKS
Aurobindo gets tentative US nod for combo drug
It said with the approval, several patients under PEPFAR would benefit.
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SICK UNITS
KSDP may be revived with Govt support
Likely to get regular supply orders from the Health Dept
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OUTLOOK
Fiat shifts cars from Kurla to Ranjangaon
Takes monsoon disaster prevention plan
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Honda plans Rs 3,000-cr investment in India
`Seriously studying' options to enter compact car market
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PERFORMANCE
Avon Organics turns around
Avon Organics Ltd has achieved a turnaround during the fiscal ended March 2006 with a net profit of Rs 3.64 crore on a turnover of Rs 98.2 crore as against a net loss of Rs 1.08 crore on a turnover of Rs 89.1 crore in the ...
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Tata Steel's Q1 output up
Tata Steel has reported higher production of hot metal and crude steel during the first quarter of 2006-07. Hot metal production at 1.31 million tonnes and crude steel production at 1.21 million tonnes was higher by 8.2 per cent ...
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Maruti June sales up 17.5%
Maruti Udyog Ltd on Monday reported a 17.5 per cent increase in domestic sales at 44,626 units during June compared to 37,995 units in the same month last year. The total sales grew 17 per cent to 48,425 units during the month against ...
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Hyundai sales up 56% in June
Hyundai Motor India (HMI) on Monday reported a 56.2 per cent jump in its domestic market sales in June, at 17,032 units. Cumulative sales during the month were 27,251 units, an overall growth of 39.6 per cent over June 2005, the ...
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PEOPLE
Amrita Patel on Tata Tea board
Tata Tea Ltd has informed BSE that Dr Amrita Patel has joined the board of the company as a non-whole time independent Director of the company with effect from June 29, 2006. Dr Patel is the Chairperson of the National Dairy ...
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Gujarat NRE MD to be on NZ coal company's board soon
Pike River investment will extend co's Australian interests to New Zealand
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