CORPORATE
RESEARCH & DEVELOPMENT
Bharat Electronics puts R&D on top gear
Focus on increasing indigenous products
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ANNOUNCEMENTS
IOC drops plan to take stake in Indonesian refiner
IOC is unlikely to pick up stake in Indonesia's State refiner, PT Tuban Petrochemicals Industries but may seek board approval soon for marketing premium fuels like high-octane gasoline, which are already de-regulated by the Indonesian ...
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Maruti launches Alto Xfun
Maruti Udyog Ltd today launched a limited edition new variant of its best selling model, Alto, that will be costlier by about Rs 8,000 from the existing model. A company official said the `Alto Xfun' would come in two variants LX and LXi, which ...
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OVERSEAS BORROWINGS
Core Projects' bonds issue fully subscribed
Core Projects and Technologies Ltd (CPTL) on Tuesday said its Rs 56-crore Foreign Currency Convertible Bonds (FCCBs) issue has been fully subscribed and may get listed on the Singapore Stock Exchange. With this issue, and internal resources, ...
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NEW BUSINESS
Texmaco bags Rs 145-cr order from Concor
Texmaco, a KK Birla Group company, has bagged an order to supply 900 flat wagons to Container Corporation of India Ltd (Concor). The value for these wagons is at Rs 145 crore, including duties and taxes. The company would supply 20 rakes ...
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AWARDS & HONOURS
Award for BPCL
Bharat Petroleum Corporation Ltd (BPCL) has been awarded the best performer in the Liquefied Petroleum Gas (LPG) marketing category for the year 2005-06, among all the public sector oil companies. Mr Murli Deora, Petroleum Minister, presented the ...
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AUDITING
Audit firm and independence
The more one attempts to shackle audit firms, the more vague and complex the legislation becomes.
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COURTS/LEGAL ISSUES
Cholesterol drug: Ranbaxy wins at US appeals court
Since the launch, Ranbaxy has cornered close to 60 pc of the market
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MERGERS & ACQUISITIONS
Italian co may pick up stake in GV Films
May jointly work on animation movies
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NEW PROJECTS
Work on GM's Talegaon plant to begin on Nov 21
Chevrolet Spark launch in first half of 2007
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Global Motors to manufacture two-wheelers in Bengal
Global Motors, a joint venture between the China-based Xenitus Group and Guangzhou Motors company, is all set to begin its manufacturing facility in West Bengal, with a capacity of 20,000 pieces of two wheelers each month. "We are ready to ...
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Carraro to invest Rs 200 cr more in India
Plans Rs 120-cr buyout of Escort's stake in Carraro India
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OVERSEAS INVESTMENTS
The Indian investment in Burrup
The A$ 630-million plant of Burrup Fertilisers Pty Ltd, promoted by the Oswals, is one of those rare investments - in fact, it is the first - in secondary processing of gas in Western Australia, which is rich with resources such as natural gas, iron ore and gold.
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ALLIANCES & JOINT VENTURES
DS Constructions, Israel Electric pact
Infrastructure firm DS Constructions Ltd has announced it has tied up with Israel Electric Corporation (IEC) to bid for the Centre's ultra mega power projects. The consortium has already submitted the request for qualification ...
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OUTLOOK
TVS Motor plans to enter four-stroke scooter category
Also plans to launch a new 125cc motorcycle
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