CORPORATE
RESEARCH & DEVELOPMENT
Hyundai to set up R&D centre in Chennai
Hyundai Motor Company would be setting up a research and development centre in Chennai within the next two years, according to Dr Jung K. Paeng, Senior Vice-President and Chief Information Officer, Hyundai. Speaking to the press during ...
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ANNOUNCEMENTS
Grasim launches five new fabrics
Grasim Industries Ltd, a part of the Aditya Birla Group, launched `the look of the season' with five new fabrics backed by an ad spend of Rs 2 crore, which would be spent from mid-September to end-November, Mr S. Krishnamoorthy, President, ...
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MANAGEMENT
Seminar on human resources
A good partnership between human resources (HR) and senior line managers was necessary for effective execution of a company's business strategy, according to Mr Vepa Kamesam, Director of the Institute of Insurance & Risk Management (IIRM). ...
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RESTRUCTURING
To HLL, BPO was just another `functional silo'
A few days ago, Hindustan Lever Ltd (HLL) announced its decision to sell a majority stake in its subsidiary company, Indigo, to Cap Gemini S.A. As you may remember, Indigo, more formally known as Unilever India Shared Services Ltd, is the captive ...
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MERGERS & ACQUISITIONS
Daewoo Electronics takeover: Videocon may sign MoU by month-end
Deal likely to be wrapped up by the year-end
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Patel Engg acquires Mumbai-based co
Patel Engineering Ltd has acquired a controlling stake in the Mumbai-based Michigan Engineers Pvt Ltd (MEPL) for an undisclosed sum. MEPL is an urban infrastructure company; its specialities include underground works and ...
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CORPORATE GOVERNANCE
ICSI looking at global opportunities
The Institute of Company Secretaries of India (ICSI) has approached the Government to build a consensus on including a new head for corporate governance compliance and secretarial advisory services under the `Services Sectoral Classification ...
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Corporate governance course
ICSI has proposed to begin a post-membership qualification course on corporate governance.This is expected to keep members up-to date-with the latest developments concerning a major aspect of modern business and industry. The institute is of ...
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NEW PROJECTS
Bajaj `Crystal' scooter to have DTSi technology
Launch postponed to November-end
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Sandvik Mining opens new facility at Pune
To serve as global hub
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Correction
OVERSEAS INVESTMENTS
MCX to set up commodity bourse in Asia-Pacific region
Plans management institute
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REGULATORY BODIES & RULINGS
Aurobindo gets FDA nod for Citalopram
Aurobindo Pharma Ltd has announced that it has obtained the approval of the US Food and Drug Administration (USFDA) for Citalopram oral solution 10mg/5ml. The company already has USFDA approval for Citalopram of 10, 20 and 40 mg ...
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ALLIANCES & JOINT VENTURES
Airco-Fin Holding signs pact with Indian venture
Airco-Fin Holding, Holland has signed the first production contract with Airco-Fin Tubes India Pvt Ltd, its Hyderabad-based joint venture set up with the Nu-Way Group of India. As per the contract, Airco-Fin Tubes India would supply about 1,000 ...
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ONGC to team up with Petrobras
ONGC Videsh's entry into Brazil
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Punj Lloyd jt venture with Swissport
Punj Lloyd Ltd (PLL) has entered into a joint venture with Swissport International to develop projects in the domestic ground-handling sector. An official statement issued here on Tuesday states that the Punj Lloyd is to hold a ...
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SOCIETY & DEVELOPMENT
Cusat to hold global seminar on corporate social responsibility
The International Centre for Economic Policy and Analysis (ICEPA) of the Cochin University of Science and Technology (Cusat) in association with Tilburg University, Holland, Public Sector Restructuring and Internal Audit Board and the Kerala ...
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DIVERSIFICATION
Asian Tea to diversify into real estate, tea tourism
Its financial options include follow-on public offer
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SICK UNITS
Duncans Industries to be referred to BIFR
Total accumulated losses erode net worth
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OUTLOOK
Toyota Kirloskar Auto plans to raise production
Hopes to wipe out losses of Rs 70 cr in two-three years
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