CORPORATE
RESEARCH & DEVELOPMENT
FIEM Industries to set up new R&D facility in Delhi
Facility to coordinate recent joint ventures
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ANNOUNCEMENTS
SAS Motors launches 22-HP tractors in Gujarat
Angad 240-D accessible to farmers with small landholdings, offers various earning options
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BUYBACK
ICI India to buy back shares
ICI India Ltd announced on Thursday that its shareholders have approved amendments to the Articles of Association and buy-back of its own equity shares by the company by an overwhelming majority of over 99 per cent of the valid ...
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PREFERENTIAL ALLOTMENTS
Tata Tea to raise Rs 460 cr thru pref issue to Tata Sons
To part-fund 30% stake buy in Energy Brands.
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AWARDS & HONOURS
Award for Subir Raha
Mr Subir Raha, former Chairman and Managing Director of ONGC, has bagged the `Energy Executive of the Year' award by Petroleum Economist. The award was instituted by the London-based renowned energy journal - Petroleum ...
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INSIGHT
India Inc yet to set to cross-culture tunes
In India Inc, cultural acclimatisation on working with companies from divergent cultures is just picking up. But there is still a long way to go.
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COURTS/LEGAL ISSUES
SC stay on Dunlop House demolition comes after it is demolished
Pataka Group plans to construct new head office
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RDB Ind gets New Tobacco ownership, plans revamp
Promoters pump in Rs 25 cr through equity shares
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HUMAN RESOURCES
Training in aluminium die-casting
The Aluminium Casters' Association of India (Alucast), Pune , is holding a two-day targeted training programme this month on die-casting, intended for skill upgradation among technicians engaged by the aluminium die-casting ...
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RESTRUCTURING
AWB Ltd, AWB Intl to become two separate cos
Restructure from Oct 1
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MERGERS & ACQUISITIONS
Novopan shareholders' meet on Sept 29
Following the order of the Andhra Pradesh High Court, Novopan Industries Ltd is holding a meet of its shareholders on September 29 for considering and approving the proposed scheme of arrangement with GVK Petrochemicals Pvt Ltd ...
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Apollo Hospitals to divest stake in Lankan venture
Apollo Hospitals Enterprise Ltd has decided to divest its entire holding of 33 per cent in its Sri Lankan joint venture "by participating in the open offer made by Sri Lanka Insurance Corporation Ltd", the company has said in a notification to ...
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Balrampur Chini's plan to buy Indo Gulf hits roadblock
HC to hear case again on Sept 29
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Rain Commodities to merge Rain Ind
The board of directors of Rain Commodities Ltd at its meeting on Thursday has considered the proposal to amalgamate Rain Industries Ltd, a wholly owned subsidiary, with the company. The company has informed the stock exchanges ...
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NEW PROJECTS
Phillips Carbon Black to raise Rs 50 cr equity for power plant
Plant cost of Rs 115 cr to be funded by debt, equity
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Micromatic Grinding to open new plant
Ghaziabad-based Micromatic Grinding Technologies (MGT), manufacturer of high-precision grinding machines announced on Thursday that it would inaugurate the first fully air-conditioned machine tool plant in the country. Built with an investment ...
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REGULATORY BODIES & RULINGS
Ess Dee, arm get USFDA approval for six plants
Pharmaceutical and FMCG packaging company Ess Dee Aluminium and its 100 per cent subsidiary, Flex Art Foil, have received the Drug Master File (DMF) registration with the Department of Health and Human Science, Food and Drug Administration, ...
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ALLIANCES & JOINT VENTURES
Godrej forays into high-end security solutions
Enters into strategic alliance with global majors
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EVENTS
A misFortune?
A colleague privy to a conversation on the cocktail circuit in the capital realised the infrastructure blips organisers face when planning major events in India. Fortune, the internationally reputed magazine, has planned a summit of CEOs ...
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SOCIETY & DEVELOPMENT
Free dental check-ups
Colgate-Palmolive (India) Ltd in association with the Indian Dental Association (IDA) is organising free dental check-ups in Hyderabad throughout the month of September. These check-ups at specific dental clinics are aimed at ...
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SICK UNITS
Duncans Ind to prepare rehab package soon
After being referred to the Board for Industrial & Financial Reconstruction (BIFR), Duncans Industries Ltd, belonging to the G.P. Goenka group, would soon start preparing a rehabilitation package. The reference to BIFR was made in August this ...
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OUTLOOK
Bombay Dyeing eyes southern market for new business
Polyester staple fibre facility to be operational soon
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GAIL to bid aggressively
Likely to bid for more than 20 blocks in offshore, onshore
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ONGC may bid for 50 blocks in NELP VI
57 cos buy data; large no of foreign cos participate
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`Lifestyle product biz has huge potential for growth'
OSIM India launches first flagship store in Gujarat
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PERFORMANCE
Maruti Udyog stops Alto exports to Europe
Plans to export Swift from Hungarian plant to other European countries
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